Rational VC Podcast - Timeless Wisdom
Rational VC Podcast - Timeless Wisdom
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Nassim Taleb - Bed of Procrustes - How 2 Geniuses Make Money Applying the INCERTO
Episode 54. Learn from history's Greatest Minds - and find Timeless ideas you can apply to business and life. Every podcast episode we explore a Lindy book: We strive to become polymaths like our investing and business icons, pulling the Big Ideas from a wide range of disciplines. For the curious-minded seeking Worldly Wisdom.
A rare episode where we invited guests to join us, in this case due to the book being a unique format and also wrapping up our entire 5-episode Incerto Series. We discussed the application of the Incerto teachings in the real world, with two of the biggest Incerto practitioners we know.
Guests:
Daniel Vassallo's Twitter: x.com/dvassallo
Seb Lees' Twitter: x.com/sebs_tweets
Daniel's company: smallbets.com/
Seb's Podcast & Community: fattonys.net/
-
Our website (all essays and podcasts): rationalvc.com
Our investment fund: rational.fund
Our Discord: discord.gg/JZbqu3Cjjn
Cyrus' Twitter: x.com/CyrusYari
Iman's Twitter: x.com/iman_olya
Timestamps
00:00 Intro
08:57 Our Favourite Aphorisms
16:04 Special Guests Join & Their Intros
17:59 Dangers of Monthly Salary
24:25 Golden Handcuffs, Legacy vs. Lifestyle
28:00 Our DNA as Hunter-Gatherers
31:50 Learn Sales Before Technical Skills
36:00 Practice Before Theory
37:04 Conventional Education
43:00 Convexity, Agency, & Mediocristan
57:21 More Aphorisms
1:00:19 Ergodicity, Rationality & Survival
1:08:32 Venture Capital & Startups
1:23:53 Asymmetry of Information, & Honour
1:29:20 Bureaucracy
1:34:05 Fat Tony
1:43:11 Small Bets
2:09:51 Via Negativa & Making Money Online
2:18:19 Gathering Vs. Elicitation Mindset
2:21:52 Incerto Practice in the Real World
2:31:06 Closing Thoughts
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Disclaimer: The materials provided are solely for informational or entertainment purposes and do not constitute investment or legal advice. All opinions expressed by hosts and guests are solely their own opinions and do not reflect the opinion of their employer(s).
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ความคิดเห็น

  • @TradeWithFaithe
    @TradeWithFaithe 2 วันที่ผ่านมา

    Appreciate the content🤙

  • @joelfaulk
    @joelfaulk 2 หลายเดือนก่อน

    Nassim believes in Covid vaccines.

  • @AnushaSVAncha
    @AnushaSVAncha 2 หลายเดือนก่อน

    These are so interesting!! I am going through incerto series. Fooled by Randomness is very hard to grasp for me.

  • @hamzarajnalvee3214
    @hamzarajnalvee3214 3 หลายเดือนก่อน

    This is what’s it’s about. Incerto in practice. Talk backed with walk, from all these who are applying Talebian philosophy.

  • @kevinjoseph600
    @kevinjoseph600 3 หลายเดือนก่อน

    You guys are great and I think you should have way more subscribers

  • @bigkuanysh
    @bigkuanysh 3 หลายเดือนก่อน

    I found me new friends I think

  • @shed_one
    @shed_one 3 หลายเดือนก่อน

    So happy I found this podcast. Keep 'em coming!

  • @wasizafar6998
    @wasizafar6998 3 หลายเดือนก่อน

    Seb really summed up the incerto series very well. It was great listening to it guys there’s so much knowledge packed into the entire series. I’ll probably have to watch the whole thing a few more times i guess

  • @NaoufalFillali
    @NaoufalFillali 3 หลายเดือนก่อน

    Great episode once again!

    • @rationalvc
      @rationalvc 3 หลายเดือนก่อน

      Appreciate you!

  • @jamesmarsh4047
    @jamesmarsh4047 3 หลายเดือนก่อน

    Great job ❤

    • @rationalvc
      @rationalvc 3 หลายเดือนก่อน

      Appreciate you! ♥

  • @EndEscapade
    @EndEscapade 3 หลายเดือนก่อน

    Also trying to make incerto content would love your feedback for sake of your growth and impact.

  • @Djelijah
    @Djelijah 3 หลายเดือนก่อน

    Best timing for my 12 hour flight. Locked in lads

  • @pzrsa
    @pzrsa 3 หลายเดือนก่อน

    Let’s goo can’t wait

  • @imanolya1
    @imanolya1 3 หลายเดือนก่อน

    The best Incerto nerd material online 😉

  • @ia7693
    @ia7693 3 หลายเดือนก่อน

    Iman's "aaahaaaaa" killed me😂 going to have to listen to this 4 times like the last episode😅

  • @techie8036
    @techie8036 3 หลายเดือนก่อน

    LG!!!!!!!!!!!!!!!! Been waiting for this. Legendary pod

  • @Tufas
    @Tufas 3 หลายเดือนก่อน

    Thank you for this format, dialogue truly is the oldest way to transfer knowledge. It is so interesting to read a book and then hear from others and what they took away from the book. Really enjoyed the conversation!

  • @Bob-f5m
    @Bob-f5m 3 หลายเดือนก่อน

    Loving the Taleb content guys. Any plans to review Spitznagel DAO of Capital?

  • @tenaciousoptimistcoaching
    @tenaciousoptimistcoaching 4 หลายเดือนก่อน

    I have read most of Taleb’s books and he is very inspiring to me-your analysis guys is very high,Taleb level ! Many thanks for putting this together 😊

  • @yohansastray4719
    @yohansastray4719 4 หลายเดือนก่อน

    Why you start with Nassim Taleb ?

  • @ChaseKotler-my3tq
    @ChaseKotler-my3tq 4 หลายเดือนก่อน

    3 hours in and then I head you're going to go deeper into the book haha.. #sodeep Great chat 🔥

  • @haren1996
    @haren1996 4 หลายเดือนก่อน

    Another example of the minority rule is wokeness. Society is forced to submit to these pronoun rules by those with true skin in the game. Wokeness isn’t going anywhere, in fact it’ll just get more extreme.

  • @haren1996
    @haren1996 4 หลายเดือนก่อน

    I’ve read this book 7-8 times as well. Good meeting you guys.

  • @tomjohnson9077
    @tomjohnson9077 4 หลายเดือนก่อน

    Great stuff 👍🏻

  • @VVHFX
    @VVHFX 4 หลายเดือนก่อน

    A lot of times being able to prove a hypothesis with data is a big challenge & that's due to non-availabilty of the specific data needed for that one hypothesis.

  • @wasizafar6998
    @wasizafar6998 4 หลายเดือนก่อน

    Watching it on repeat!!!

  • @Djelijah
    @Djelijah 4 หลายเดือนก่อน

    This was great gents. Good to hear people from the uk exploring this too.

  • @jamesmarsh4047
    @jamesmarsh4047 4 หลายเดือนก่อน

    Great stuff. Really appreciate the content 😊

  • @pzrsa
    @pzrsa 4 หลายเดือนก่อน

    insightful!

  • @rationalvc
    @rationalvc 4 หลายเดือนก่อน

    Rational note: correction at 50:36 - it was *NOT* Putin and Kim. It was President Nixon and Brezhnev in the 1970s toasting a drink, video can be found online.

  • @smatla
    @smatla 4 หลายเดือนก่อน

    time to rip a long ass walk and listen to what I already know will be a killer episode.

    • @rationalvc
      @rationalvc 4 หลายเดือนก่อน

      OG listeners 🙏 salute

  • @techie8036
    @techie8036 4 หลายเดือนก่อน

    LGGGGGG!!!!!!!!!!! For the algie

  • @ia7693
    @ia7693 4 หลายเดือนก่อน

    Your content just keeps getting better and better. Can't wait to give this a watch tomorrow!

  • @francescolontri1497
    @francescolontri1497 4 หลายเดือนก่อน

    Love the work you are doing guys. The way you talk and laugh about things is simply amazing. Keep going, I am sure NNT is proud of you

  • @leslieaddai5071
    @leslieaddai5071 5 หลายเดือนก่อน

    Immigrant Jokes never get old, great stuff guys

  • @OllieAllenFox
    @OllieAllenFox 6 หลายเดือนก่อน

    this podcast will live beyond you both, kudos 🫡 this content is what society needs

  • @kylesez01
    @kylesez01 6 หลายเดือนก่อน

    Great discussion on Taleb. I can tell you guys actually read him. He's my favorite modern non fiction author. Earned my sub f9r that

  • @aleks.l394
    @aleks.l394 6 หลายเดือนก่อน

    Perfect addition to a walk in nature. Would you do a pod on zero to one? I think that it is an incredible book and the interesting bit is that in some sense it goes against some central points in antifragile, yet has a truth aspect to it. Would be cool to hear how they relate and what cumulative wisdom could be extracted from them both

  • @karr-s9h
    @karr-s9h 6 หลายเดือนก่อน

    great work. Keep the good work up.

  • @NaoufalFillali
    @NaoufalFillali 6 หลายเดือนก่อน

    Great episode guys, you made me want to re-read Antifragile for the 4th time

  • @jtperformance_
    @jtperformance_ 6 หลายเดือนก่อน

    Fantastic work.

  • @affansiddhiqui3739
    @affansiddhiqui3739 6 หลายเดือนก่อน

    Loved the podcast Would love to see a podcast on skin in the game. That book in my view is as dense as antifragile (or even more)

  • @FatTonys
    @FatTonys 6 หลายเดือนก่อน

    Flawless work gentlemen. You will both go far with this Podcast.

  • @smatla
    @smatla 6 หลายเดือนก่อน

    LFG. Gonna listen this weekend and take notes. Appreciate you putting so much work into these.

  • @ia7693
    @ia7693 6 หลายเดือนก่อน

    Amazing in-depth video as always. Great content guys!

  • @pzrsa
    @pzrsa 6 หลายเดือนก่อน

    can’t wait to listen to

  • @imanolya1
    @imanolya1 6 หลายเดือนก่อน

    this was a fun one 👀🚀

  • @techie8036
    @techie8036 6 หลายเดือนก่อน

    LG!!!!!!!!!!!!!! Lindy baby

    • @budivoogt491
      @budivoogt491 6 หลายเดือนก่อน

      haha LIN DEE LIFE

  • @Rica_ty
    @Rica_ty 6 หลายเดือนก่อน

    Great video. Summs up pretty much everything. Good follow up book recommendations regarding the theme: Clear Thinking, Shane Parrish; How to win friends and influence people, Dale Carnegie

  • @gadgetghost5249
    @gadgetghost5249 6 หลายเดือนก่อน

    keep making such videos. you guys are amazing!!!!