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Tune in to hear:What is the idea of Lindy's Law, also known as The Lindy Effect? What is statistician Nassim Nicholas Taleb's unique take on this?How has an acceptance of our finitude been expressed, and even celebrated, by cultures all over the world?What is the Zen Buddhist concept of “Satori” and what can we learn from it?LinksThe Soul of WealthConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code:
Withered technology and Lindy Effect - two big picture concepts about tried and true developments.
James Altucher is an entrepreneur, author, and podcast host who has founded over 20 companies. He's the author of "Choose Yourself" and hosts The James Altucher Show. Altucher is also an advocate for the transformative potential of AI, often discussing its impact on business and personal development in his work and interviews.In our conversation we discuss:(00:45) - James' AI experience(04:49) - What was the first version of AI?(12:23) - What will be the next bottlenecks in AI?(19:21) - Quantum computers(23:29) - Which jobs can be easily replaced by AI?(32:00) - AI's limitations in judgment(38:38) - Human vs. AI interactions(42:52) - Appreciating human creativity(46:37) - What skills do humans need to unlearn?(58:56) - James as a chess master and comedian(1:03:25) - Taking more risks(1:07:02) - What are the positive risks and challenges with AI?(1:11:40) - The Lindy Effect(1:14:48) - Keeping up with technological advancements(1:18:53) - Opportunities that come with AILearn more about James:Podcast: The James Altucher Show - https://jamesaltuchershow.com/Website: https://www.jamesaltucher.com/Watch full episodes on: https://www.youtube.com/@seankimConnect on IG: https://instagram.com/heyseankim
Don't use mouthwash. Why? It's not Lindy. At least that's what Paul Skallas, a Chicago-born technology lawyer who goes by Lindyman online, says. I was fascinated to read a New York Times profile of him titled "The Lindy Way of Living," and knew I wanted to have him on 3 Books. In the 2012 book 'Antifragile,' the statistician and scholar Nassim Nicholas Taleb coined "the Lindy Effect." He wrote, "For the perishable, every additional day in life translates to a shorter additional life expectancy, kind of like me and you and the cheese and our fridge, or the milk and our fridge. But for the non-perishable, every additional day may imply a longer life expectancy." The Lindy Effect says that the longer something has been around, the longer it will stay around. Paul took this heuristic and with his unique and perceptive insights along with his deep reading of ancient history came to apply it to a broad range of things, including health. He doesn't use mouthwash, a relatively new invention that kills good *and* bad bacteria. But floss—poking stuff out of your teeth—has been around for thousands of years, so that can stay. This Lindy heuristic is a useful way to navigate our noisy modern world. As reality destabilizes with spiking AI and a fracturing media landscape we can learn and apply long-range lessons from the past to help us today. I love the unique, provocative, and often challenging 'The Lindy Newsletter,' which Lindyman publishes 2-3x weekly, to help us apply the framework to topics as diverse as urban planning, dating, medical trends, drinking trends, and even whether we should listen to health influencers. Lindyman gave me 3 very interesting and formative books. We talk about them along with the unintended consequences of the woke movement, why you should eat vegan once a week, how modern employment is destroying families, and much more. If you like to have your brain stretched like taffy and provoked by unusual thoughts this is the chapter for you. Let's flip the page to chapter 145 now.
A Note from James: If my kids asked me, "What is the one podcast we should listen to to create financial security, wealth, whatever?"—this is the one I'd recommend. Codie Sanchez is so smart, thoughtful about business, and open about her journey to success, including the failures she's overcome. Her book, Main Street Millionaire, highlights how the most boring businesses—laundromats, car washes, and other everyday enterprises—are the true wealth creators. Codie shares her strategies for buying these businesses for little to no money down and scaling them for massive success. This episode is packed with actionable insights, so take notes, and if you have questions, hit me up on Twitter. Here's Codie Sanchez. Episode Description: James sits down with Main Street Millionaire author Codie Sanchez to explore the art of building wealth through "boring" businesses. Codie explains why chasing trendy industries like AI and crypto might not be the best path to financial freedom, and instead focuses on buying, scaling, and profiting from existing small businesses. They discuss why these overlooked enterprises can be goldmines and how to find, evaluate, and acquire them—even with minimal upfront capital. This episode is a roadmap for anyone dreaming of stepping off the corporate treadmill and building sustainable wealth. What You'll Learn: The Power of "Boring" Businesses: Why laundromats, car washes, and other Main Street enterprises consistently generate wealth. How to Find the Right Business to Buy: Codie's framework for identifying ideal opportunities, from seller motivations to business profitability. Creative Financing Strategies: Learn how to buy a business with little to no money down using seller financing. Scaling Simplified: Actionable tips to grow a small business by increasing visibility, average order value, and customer engagement. Overcoming the Fear of Entrepreneurship: How to shift your mindset and take calculated risks, even if you're starting as an employee. Timestamped Chapters: [01:30] Introduction to Codie Sanchez and her wealth-building philosophy. [02:29] Why "boring" businesses create lasting wealth. [03:01] Interview begins: Codie and James discuss Belgian Malinois dogs. [04:29] Following your own advice as an entrepreneur. [06:46] The power of a good book title and its lasting impression. [09:33] The evolution of business self-help books. [11:31] The Lindy Effect: Predicting a business's future longevity. [13:49] The decline of small business ownership in America. [14:59] Tax benefits of owning a business versus being an employee. [16:18] Seller financing explained: Buying with minimal upfront capital. [19:32] The Lindy Effect and why older businesses are safer investments. [22:27] Scaling strategies: Raising prices and increasing average order value. [29:45] Codie's journey: From corporate employee to serial entrepreneur. [36:23] First business acquisition: Lessons from Codie's laundromat. [38:55] Overcoming fear and ego risk in entrepreneurship. [44:18] Structuring deals: The balance between upfront payment and seller financing. [50:37] Real-life example: A flooring restoration business deal. [56:14] How to connect with retiring entrepreneurs for off-market deals. Additional Resources: Codie Sanchez's book: Main Street Millionaire Follow Codie Sanchez on Twitter:
A Note from James:If my kids asked me, "What is the one podcast we should listen to to create financial security, wealth, whatever?"—this is the one I'd recommend. Codie Sanchez is so smart, thoughtful about business, and open about her journey to success, including the failures she's overcome.Her book, Main Street Millionaire, highlights how the most boring businesses—laundromats, car washes, and other everyday enterprises—are the true wealth creators. Codie shares her strategies for buying these businesses for little to no money down and scaling them for massive success. This episode is packed with actionable insights, so take notes, and if you have questions, hit me up on Twitter. Here's Codie Sanchez.Episode Description:James sits down with Main Street Millionaire author Codie Sanchez to explore the art of building wealth through "boring" businesses. Codie explains why chasing trendy industries like AI and crypto might not be the best path to financial freedom, and instead focuses on buying, scaling, and profiting from existing small businesses. They discuss why these overlooked enterprises can be goldmines and how to find, evaluate, and acquire them—even with minimal upfront capital. This episode is a roadmap for anyone dreaming of stepping off the corporate treadmill and building sustainable wealth.What You'll Learn:The Power of "Boring" Businesses: Why laundromats, car washes, and other Main Street enterprises consistently generate wealth.How to Find the Right Business to Buy: Codie's framework for identifying ideal opportunities, from seller motivations to business profitability.Creative Financing Strategies: Learn how to buy a business with little to no money down using seller financing.Scaling Simplified: Actionable tips to grow a small business by increasing visibility, average order value, and customer engagement.Overcoming the Fear of Entrepreneurship: How to shift your mindset and take calculated risks, even if you're starting as an employee.Timestamped Chapters:[01:30] Introduction to Codie Sanchez and her wealth-building philosophy.[02:29] Why "boring" businesses create lasting wealth.[03:01] Interview begins: Codie and James discuss Belgian Malinois dogs.[04:29] Following your own advice as an entrepreneur.[06:46] The power of a good book title and its lasting impression.[09:33] The evolution of business self-help books.[11:31] The Lindy Effect: Predicting a business's future longevity.[13:49] The decline of small business ownership in America.[14:59] Tax benefits of owning a business versus being an employee.[16:18] Seller financing explained: Buying with minimal upfront capital.[19:32] The Lindy Effect and why older businesses are safer investments.[22:27] Scaling strategies: Raising prices and increasing average order value.[29:45] Codie's journey: From corporate employee to serial entrepreneur.[36:23] First business acquisition: Lessons from Codie's laundromat.[38:55] Overcoming fear and ego risk in entrepreneurship.[44:18] Structuring deals: The balance between upfront payment and seller financing.[50:37] Real-life example: A flooring restoration business deal.[56:14] How to connect with retiring entrepreneurs for off-market deals.Additional Resources:Codie Sanchez's book: Main Street MillionaireFollow Codie Sanchez on Twitter: @Codie_SanchezExplore the concept of the Lindy Effect: Wikipedia - Lindy Effect ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to “The James Altucher Show” wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn
Arsen Thagapsov is the head of social media at Relai - a Swiss Bitcoin-only savings app. Previously he founded Bitcoin Therapy - one of the biggest Bitcoin-only newsletters. Arsen has also written on various topics, such as getting hired in the Bitcoin industry and how to do social media marketing for Bitcoin brands. Finally, he wrote a university thesis on Bitcoin and Austrian economics. › Follow Arsen on https://twitter.com/satoshibaggins SPONSOR
Guests: Joe Thomas, CEO and co-founder of Loom; and Ilya Fushman, partner at Kleiner PerkinsLoom CEO Joe Thomas had a lot of things to think about before he sold his company to Atlassian for $975 million: The impact an acquisition might have on the product, how to keep the Loom brand alive, the risk of remaining independent... but it wasn't until after the deal was announced that he really understood what it meant for his team. “I didn't know how emotional it'd be for me,” Joe says. “All of the Loom employees, current and former, that reached out when this was announced, they did their calculation and they're like, ‘Oh my God.' That, to me, was the most emotionally transformative part of the process. I didn't fully recognize what that would be like, on the individual front.”Chapters:(01:34) - The Atlassian acquisition (05:25) - The bittersweet moment (08:15) - Transforming Loom (13:30) - Ilya's perspective (18:04) - Life-changing (22:55) - Doing it again (25:00) - Loom's early days (28:26) - The Series A (32:33) - Turning on monetization (35:37) - The Series B (37:05) - Loom AI (43:13) - Revenue orientation (48:18) - The acquisition landscape (52:27) - Working inside Atlassian (54:04) - Atlanta tech (55:00) - Who Atlassian is hiring (55:24) - What “grit” means to Joe Mentioned in this episode: Wilson Sonsini, Vinay Hiremath, Andrew Reed and Sequoia Capital, Zoom, Mike Cannon-Brookes, Shahed Khan, COTU Ventures, Andreessen Horowitz, Scott Farquhar, the Lindy Effect, SVB, Google Chrome, Dropbox, Slack, Snapchat, HubSpot, the Van Westendorp Price Sensitivity Meter, Dylan Field and Figma, Atlassian Rovo, Palo Alto Networks, Salesforce, and Garrett Langley and Flock Safety.Links:Connect with JoeLinkedInTwitterConnect with IlyaTwitterLinkedInConnect with JoubinTwitterLinkedInEmail: grit@kleinerperkins.com Learn more about Kleiner PerkinsThis episode was edited by Eric Johnson from LightningPod.fm
Clay Finck chats with Andy Edstrom about why Bitcoin should be considered as a part of an investment portfolio, how Andy thinks about valuing Bitcoin as an investment, how investors can potentially keep themselves from ‘buying the top' in Bitcoin, the 14 characteristics of money and how Bitcoin stacks up against gold and fiat currency, some of the common misconceptions around Bitcoin, and much, much more! Andy Edstrom, CFA, CFP is a wealth manager at Wescap Group and is Managing Director of Swan Advisor Services. IN THIS EPISODE, YOU'LL LEARN 00:00 - Intro 02:00 - How Andy discovered Bitcoin and ended up buying it. 07:40 - Why investors should consider adding Bitcoin as a part of their portfolio. 07:40 - Why Bitcoin has a lot of potential to continue achieving very high returns. 26:13 - How Andy thinks about the value of Bitcoin today when buying it for his portfolio. 26:13 - How investors can potentially keep themselves from ‘buying the top' in Bitcoin. 40:53 - Why it's important to first understand money, what is good money versus what is bad money. 40:53 - What the 14 characteristics of money are. 58:17 - What is driving the continued growth in the adoption of Bitcoin in portfolios? 58:17 - Why El Salvador is embracing Bitcoin and what countries might be next. 01:18:01 - What makes Bitcoin different from all of the other cryptocurrencies? 01:18:01 - Why Bitcoin incentivizes the movement towards renewable and green energy. 01:27:12 - Why the US government is not likely to ban Bitcoin. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Check out Swan Advisor Services. Andy's book, Why Buy Bitcoin. Trade Bitcoin with Swan. Check out TIP's Mayer Multiple and the Mayer Multiple Twitter Account. Square and Ark Invest's Report, Bitcoin is Key to an Abundant, Clean Energy Future. Explanation of the Lindy Effect. Related Episode: Listen to MI032: Bitcoin, Cryptocurrencies, and Blockchain (Part 1) w/ Preston Pysh, or watch the video. Related Episode: Listen to MI044: Bitcoin, COVID-19, And Macroeconomics For Beginners Part 1 w/ Pomp, or watch the video. Check out the books mentioned in the podcast here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Range Rover Airbnb Toyota Public NetSuite Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
In this episode of QAV, Cameron and Tony dive into recent market activities, the RBA's decisions, the Lindy Effect, substantial shareholder announcements, and GrainCorp's prospects, along with a detailed analysis of Embark Early Education (EVO). Member questions about living off a share portfolio during down years and the differences between value and quality investing are addressed. Additionally, Tony clarifies the calculation of shares on issue for Rio Tinto, emphasizing global figures for earnings per share. In after hours, the duo also covers Mario Puzo's 'The Godfather', Alphonse Mucha, and the Archibald Prize, and discuss the potential and risks of AI, drawing references from science fiction. They wrap up with thoughts on films and books, including 'Klara and the Sun'.
Every episode we explore a Lindy book, and find Timeless ideas you can apply to business and life. We strive to become polymaths like our investing and business icons, pulling the Big Ideas from a wide range of disciplines to help us become better investors and operators. Join 3,000+ curious minds and avid readers by subscribing @ rationalvc.com to get free access to essays and exclusive content. For the video version of episode click here. Timestamps: (00:00) Intro (11:39) Antifragile definition (19:13) Introduction to the core concepts (22:04) Hormesis, naïve interventionism, iatrogenics (33:55) Peter Kaufmann and Charlie Munger(35:57) Modernity, Switzerland, political systems (55:21) Concavity vs Convexity and Black Swans (1:07:30) FU Money and wealth (1:13:12) Optionality and wealth (1:21:47) Barbell strategy (1:43:02) Rational Flaneur (1:47:23) The Lindy Effect (2:01:22) Raising antifragile kids (2:12:19) Green Lumbar fallacy (2:23:53) Signal vs Noise (2:29:00) Via Negativa (2:51:07) Ethics of Antifragility and Skin in the Game (2:57:36) Deep dives and quotes (3:35:32) Closing thoughts - Our website (all essays and podcasts): rationalvc.com Our investment fund: rational.fund Cyrus' Twitter: x.com/CyrusYari Iman's Twitter: x.com/iman_olya - Links mentioned in the episode: Cyrus referenced Tweets: https://x.com/CyrusYari/status/1792279103862681603 https://x.com/CyrusYari/status/1757715505819906419 https://x.com/CyrusYari/status/1679174178195353600 Peter Kauffman Rational VC episode: https://www.youtube.com/watch?v=kMiOFC07X8M&t=8s The Black Swan episode: https://youtu.be/HVGJQ25Cr2k?si=8b2DPBPX80Pgbgag Vizi Andrei: https://twitter.com/viziandrei Daniel Vassallo: https://twitter.com/dvassallo Cyrus essay on Angel Investing (incl. Barbell Investing): https://www.rationalvc.com/articles/angel WhosAria Bars of Wisdom newsletter: https://www.barsofwisdom.com Fat Tony's Community: https://fattonys.net/ - 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). #Lindy #knowledge #books
Is het merk BITCOIN te vertrouwen? Hier geen verhalen over mensen die vroeger pizza's kochten met honderden bitcoins of schandalen van handelsplatforms die plots verdwenen met crypto's van trouwe klanten: wij hebben het over 'het merk BITCOIN'. Bitcoin is een cryptocurrency of cryptovaluta, maar het is ookveel meer dan dat. In deze nieuwe aflevering van 'Don't be a penguin' bespreken Tal, Ties en Bob de positionering van het merk BITCOIN en welke factoren meewegen in het succes en falen over de afgelopen jaren. De meesten van ons kennen bitcoin van het nieuws. Vaak omdat de koers van de munt de lucht in schiet of afstevent op een enorm dal. Maar BITCOIN is veel meer dan een digitale munt die te verhandelen is op cryptobeurzen: het is een merk. Een merk dat bestaat bij de gratie van het vertrouwen dat wij als consumenten er in hebben. Vertrouwen. Dat blijkt dan ook het kernwoord van deze aflevering. Maar hoe bouw je aan je vertrouwen, als merk? Dat is wat wij samen bespreken. Wat weet je bijvoorbeeld van het Lindy-Effect? En wat hebben religie, geld en merken met elkaar gemeen? We praten over de oprichters van BITCOIN, de veelbesproken 'whitepaper', wie daadwerkelijk de merkidentiteit bedacht heeft en wat het beoogde is met de technologie. Ties en Tal zijn het niet met elkaar eens en gaan met elkaar de strijd aan om hun ideeën te verdedigen. Laat ons weten wat je van onze content vindt door een comment achter te laten op YouTube of te reageren via de mail of onze socials. Vinden we leuk! We maken dit immers samen met jullie! Verder Heb je suggesties voor thema's of vragen voor Ties en Tal over marketing en positioneren? Stuur ze naar dontbeapenguin@merkelijkheid.com of laat een berichtje of comment achter waar je kijkt of luistert. Moet het korter? Kijk op TIKTOK: @merkelijkheid Of check onze kanaalpagina voor de nieuwste shorts over de meest uiteenlopende merken! Dank voor het kijken en tot de volgende!
This week Ross and Dan unpack how The Lindy Effect could be considered as part of your investing journey. Check out the Market Sentiment post that inspired the show for a great study on how investing in the old guard might be your best bet.Email your questions or ideas to checkyourbalances@outlook.com.Check out this week's show on YouTube.Follow us on Instagram.
(NOTAS Y ENLACES DEL CAPÍTULO AQUÍ: https://www.jaimerodriguezdesantiago.com/kaizen/188-creatividad-vi-espera-lo-inesperado/)«Tenía 8 o 9 años. Y mi madre tuvo un ataque al corazón. Y… cuando volvió a casa… el médico me dijo: “Nunca discutas con tu madre porque podrías matarla”»(RISAS)«Lo segundo que dijo fue: “trata de hacerla reir”. Nunca había tratado conscientemente de hacer reír a nadie. Pero me puse a ello. Y supe que había tenido éxito cuando se meó en los pantalones»(RISAS)«Pero es verdad. Mi nombre real es Jerry, no Gene… Y ella me dijo: “Jerry, mira lo que me has hecho hacer”. Sé que esto es un rodeo para responder a tu pregunta, pero ese fue el comienzo de la creatividad para mí. Hubo otro momento importante para mí. Cuando estaba en primero de primaria, había una maestra, creo que aún recuerdo su nombre, la Sra. Bernard. Tenía todos nuestros dibujos colgados. Pintábamos con ceras y colgábamos los papeles en las paredes. Menos los míos. Y le pregunté por qué no estaba el mío colgado. Y me respondió: “No eres lo suficientemente bueno aún”. Y eso, simplemente, me mató durante años y años. Hasta que en 1984… »(RISAS)«Creéis que es broma, pero no lo es… empecé a pintar. Y ahora trato de pintar todos los días de mi vida. Cuando no estoy escribiendo o trabajando en una película, pinto. Pero aquella estúpida mujer…»(RISAS)Así respondía un genio del humor, Gene Wilder, a la pregunta de «¿qué es la creatividad?». Que termina por no responder… ¿o sí?En el fondo, lo que dice es que detrás de la creatividad está lo que sea que nos lleve a crear algo. Puede ser nuestra necesidad de expresarnos o las ganas de alargar la vida a nuestra maltrecha madre o de demostrarle a cierta profesora de primaria que somos capaces de hacer lo que dijo que no podríamos. Claro que normalmente no basta con ese impulso. Una cosa es la motivación y otra eso que llamamos la inspiración. Una cosa es querer crear y otra saber qué o cómo crearlo. De hecho, cuando hablamos de creatividad, normalmente de lo que hablamos es de la capacidad de encontrar formas nuevas o inesperadas de superar un reto. Puede ser un reto que a nadie se le hubiera ocurrido antes, como transmitir emociones pintando con grandes bloques de color, como Rothko, o hacer algo que ya se había hecho antes de una forma nueva, como representar un toro con apenas 11 trazos, como Picasso. De alguna manera, la creatividad se relaciona con lo inesperado. Es lo que hace Gene Wilder en su respuesta. Con ese dominio que tenía de la pausa, en cada silencio parece tomar la decisión de dar un giro que nos sorprenda. Mucho de lo que llamamos creatividad nace de ser capaces de esperar lo inesperado. Así dicho suena a trabalenguas extraño, pero esa frase, junto con otras muchas igual de peculiares, nos va llevar directos a quien algunos consideran el primer maestro de la creatividad occidental: Heráclito. Si cuando digo que los griegos ya lo sabían todo es por algo… ¿Te gusta kaizen? Apoya el podcast uniéndote a la Comunidad y accede a contenidos y ventajas exclusivas: https://www.jaimerodriguezdesantiago.com/comunidad-kaizen/
What if you could peek into the future and see how technology will shape the world of marketing? What if you could learn the secrets of how to thrive in an AI-driven world? That's what Perry Marshall, the marketing genius and author of 80/20 Sales and Marketing, offers in this episode of the Perpetual Traffic podcast. Perry joins us to share his insights on how AI is transforming the digital marketing space, and how to ask the right questions to stay ahead of the curve. He also explains the Lindy Effect, a powerful concept that helps you predict the longevity and relevance of your business ideas. Whether you are a marketer, an entrepreneur, or a curious listener, this episode will blow your mind with Perry's vision of the future, and equip you with the tools and strategies to succeed in the age of AI. Listen and learn how Perry Marshall's crystal ball can help you master AI, marketing, and the future.Chapters:00:00:00 Introduction: Setting the Stage with Perry Marshall00:07:54 AI's Game Changer: Transforming Digital Marketing00:08:46 Next-Gen Visuals: AI's Revolution in Photography and Mapping00:10:40 Exploring the Lindy Effect: Time-Tested Success Principles00:12:45 AI Anxiety: Addressing Job Replacement Fears00:15:15 AI as a Problem Solver: Enhancing Human Capability00:17:45 The Road Ahead: AI and the Future of Transportation00:19:54 AI in the Workplace: Redefining Professional Landscapes00:23:37 Digital Trust: Building Confidence in the Age of AI00:28:25 Beyond the Screen: Valuing Real-World Connections00:30:04 Digital Divide: Addressing Inequality in the Tech Era00:32:12 What's Next for AI: Looking into the Crystal Ball00:35:18 Wrapping Up: How to Embrace AI's Potential for the FutureLINKS AND RESOURCES:Perry Marshall WebsiteTier 11 JobsPerpetual Traffic on YouTubeTiereleven.comSolutions 8 Perpetual Traffic SurveyPerpetual Traffic WebsiteFollow Perpetual Traffic on TwitterConnect with Kasim on Twitter and Connect with Ralph on LinkedInThanks so much for joining us this week. Want to subscribe to Perpetual Traffic? Have some feedback you'd like to share? Connect with us on iTunes and leave us a review!
Durant cet épisode, Coach Frank discute de motivation, de répartition des récompenses, de justesse dans les objectifs, et des enjeux du système sportif avec Jacques Forest, Ph. D. À propos de Jacques: Il est professeur titulaire au Département d'organisation et des ressources humaines à l'ESG UQAM, Psychologue et CRHA, Jacques Forest est passé maître dans l'art de créer des ponts entre la science et la pratique. Les travaux de recherche de Jacques Forest s'intéressent à la théorie de l'autodétermination (TAD) ainsi qu'aux facteurs de motivation pour tenter de savoir comment il est possible de concilier performance et bien-être de façon durable. L'outil « Échelle multidimensionnelle des motivations au travail », dont il est co-auteur, est maintenant traduit en 26 langues. En 2006, il a reçu un prix lors du Concours de vulgarisation scientifique de l'Association francophone pour le savoir (ACFAS) et il a également décroché le Prix de la relève professorale en recherche de l'ESG UQAM, en 2011. Jacques Forest a publié ou co-publié à ce jour 62 articles scientifiques et 18 chapitres de livre, en plus d'intervenir comme expert en motivation auprès des entreprises et de l'élite sportive. Sa capacité de rendre accessibles des concepts souvent complexes font de Jacques Forest un vulgarisateur d'exception, convoité non seulement par tous les types d'auditoires, mais aussi par les médias du Québec et de l'international. Pour rejoindre Jacques: forest.jacques@uqam.ca Pour accéder au livre de Jacques: https://www.leslibraires.ca/livres/liberer-la-motivation-jacques-forest-9782898260964.html Pour nous rejoindre par courriel: info@tresbonpoint.com Pour en savoir plus sur nos services: https://tresbonpoint.com/contact NOTES D'ÉMISSION Introduction de Jacques Forest*.* Qu'est-ce que les gens ne réalisent pas du sport de snowboard? (1:49) Qu'est-ce que tu veux dire par le « swing initial »? (4:27) Comment détourner ou combattre l'objectif de la récompense? (6:22) Récompense financière « Functional meanings of rewards ». (9:38) Comment rendre l'invisible visible? (11:24) Les 4 types de motivation : plaisir, sens, pression interne et pression externe. (13:31) Les 3 cibles à atteindre selon la théorie de l'auto détermination : la satisfaction, des besoins psychologiques de l'autonomie, les compétences et l'appartenance sociale. (15:02) Le sport est plein d'exemples de très grande performance sportive qui sont réalisés dans des régimes contrôlants autoritaires. (17:05) Les classes sociales sportives. (22:13) Justifié et injustifié des salaires de millions de dollars dans le sport. (28:48) La théorie d'autodétermination, c'est quoi la chose qui est mal comprise? (34:11) La motivation identifiée. (35:31) Comment on fait passer les jeunes athlètes de la motivation introjectée à intersectée? (38:03) « Needs supportive behaviour » comportement de satisfaction des besoins. (40:15) Le sens fonctionnel que tu vas attribuer peut être autodéterminé ou pas. (42:36) Les entraîneurs qui veulent avoir du succès mais le faire de la bonne façon, un climat positif agréable pour les athlètes. (45:42) Qu'est-ce que les gens devraient retenir de ton livre « Libérez la motivation avec la théorie de l'autodétermination» ? (48:30) Qu'est-ce qu'on veut pour notre environnement et comment le mettre en pratique? (52:29) Est-ce l'objectif de « job crafting » ? (55:37) L'importance de développer ces forces et les connaître. Trois catégories de forces. (1:00:12) Comment est ce que tu vois le changement de paradigme et cette approche? (1:03:26) Question : Pour retourner en arrière et donner un conseil à toi même de quand tu avais 22 ans, ça serait quoi? (1:16:46) Qu'est-ce qui va devenir un avantage compétitif dans le monde dans 10 ans? (1:08:15) Mot de la fin et comment rejoindre Jacques Forest : jacques@uqam.ca (1:11:21) PERSONNES ET ORGANISATIONS MENTIONNÉES Jacques Forest (16) Jacques Forest (researchgate.net) Université Norvégienne des sciences du sport Ecole norvégienne des sciences du sport – Uni24k Pierre-Nicolas Lemyre Pierre-Nicolas Lemyre | Norwegian School of Sport Sciences (nih.no) Bloom Bloom's Literature – Infobase « Libérez la motivation avec la théorie de l'autodétermination» Libérer la motivation. Avec la théorie de l'autodétermination : Forest, Jacques, Van den Broeck, Anja, Van Coillie, Hermina, Mueller, Marcus B., Ryan, Richard M: Amazon.fr: Livres Mikaela Shiffrin Mikaela Shiffrin – Wikipedia « Serial Winning Coaches » (16) (PDF) Serial Winning Coaches: People, Vision, and Environment (researchgate.net) Anja Van den Broeck (16) Anja Van den Broeck (researchgate.net) Hermina Van Coillie (16) Hermina van Coillie (researchgate.net) Marcus B. Mueller (30) Marcus B. Muller, PhD, MBA | LinkedIn Values in Action VIA Character Strengths Survey & Character Reports | VIA Institute Lindy Effect [What is the Lindy Effect? | Lindy Health](https://lindyhealth.com/lindy-effect/#:~:text=The Lindy Effect is a phrase that signifies,the future the more it lasts in society.)
My guest today, Pieter Levels, claims that "Indie Hacking is dead." Yet, Pieter runs several indie AI startups (and a few traditional ones), totaling $250,000 in revenue every month. So, how can he be a successful indie hacker while dismissing the foundations of his work?It turns out that Indie Hacking is very much alive. But it has changed significantly. And Pieter has been there from the early days.Today, Pieter and I talk about what it means to be an Indie Hacker in the age of AI tools, platforms, and businesses. From dependency risk to preparing software businesses for a potential exit, we tackle a wide variety of topics that every Indie Hacker has to deal with. We also dive deep into Pieter's personal journey: from digital nomadism through thoughts of teaming up with fellow makers. You'll get the full picture of an entrepreneur who tells it the way he sees it — which, as you will find, has made the world of social media a very interesting place for him to work in.With insights into the meme of bad coding, the Lindy Effect, the importance of social proof, and the generational divide regarding AI, this conversation with Pieter Levels is a must-listen for anyone interested in AI startups, indie hacking, and the future of digital entrepreneurship.Pieter on Twitter: https://twitter.com/levelsio/Pieter's projects: https://levels.io/projects/00:00:00 - Indie Hacking and AI Startups Evolution00:07:17 - Dependency on Suppliers and Finding Alternatives00:16:37 - Prioritizing Speed in Entrepreneurship Execution00:27:11 - Future of AI With Positive Outlooks00:40:11 - AI Business Challenges and Potential00:44:52 - Future Work and Travel With AI00:52:56 - Twitter Changes and the Need to Adapt00:57:50 - Attention Economy and Communication Impact01:01:39 - Navigating Controversy and Authenticity on TwitterThis episode is sponsored by Acquire.comThe blog post: https://thebootstrappedfounder.com/pieter-levels-the-indie-hackers-guide-to-ai-startups/The podcast episode: https://share.transistor.fm/s/db7c1d51The video: https://www.youtube.com/watch?v=9Wjec3wh4p8You'll find my weekly article on my blog: https://thebootstrappedfounder.comPodcast: https://thebootstrappedfounder.com/podcastNewsletter: https://thebootstrappedfounder.com/newsletterMy book Zero to Sold: https://zerotosold.com/My book The Embedded Entrepreneur: https://embeddedentrepreneur.com/My course Find Your Following: https://findyourfollowing.comHere are a few tools I use. Using my affiliate links will support my work at no additional cost to you.- TweetHunter (for speedy scheduling and writing Tweets): http://tweethunter.io/?via=arvid- HypeFury (for massive Twitter analytics and scheduling): https://hypefury.com/?via=arvid60- AudioPen (for taking voice notes and getting amazing summaries): https://audiopen.ai/?aff=PXErZ- Descript (for word-based video editing, subtitles, and clips): https://www.descript.com/?lmref=3cf39Q- ConvertKit (for email lists, newsletters, even finding sponsors): https://convertkit.com?lmref=bN9CZw (00:00) - - Indie Hacking and AI Startups Evolution (07:17) - - Dependency on Suppliers and Finding Alternatives (16:37) - - Prioritizing Speed in Entrepreneurship Execution (27:11) - - Future of AI With Positive Outlooks (40:11) - - AI Business Challenges and Potential (44:52) - - Future Work and Travel With AI (52:56) - - Twitter Changes and the Need to Adapt (57:50) - - Attention Economy and Communication Impact (01:01:39) - - Navigating Controversy and Authenticity on Twitter
Hlustaði í fullri lengd inni á www.patreon.com/skodanabraedur Mikið í gangi, mikið í gangi! Skoðanabræður fara yfir það sem skiptir máli. Drake plata, hið sanna siðferði alheimsins sem birtist í popptónlist, ísbirnir á landi, The Lindy Effect og mikið mikið meira. Njótið lífsins kæra bræðralag
249-year old Birkenstock goes public today with an IPO — And if “The Lindy Effect” applies, Birkenstock will live *another* 249 years.Roku's new streaming strategy: Buy leftover TV shows — We call it The Moneyball Strategy: find value in things others don't.And Billionaire Charles Feeney invented the Duty-Free Store — He passed away yesterday, but not before giving away his entire $8B fortune to charity.$BIRK $ROKU $DUFRYSubscribe to our newsletter: tboypod.com/newsletterWant merch, a shoutout, or got TheBestFactYet? Go to: www.tboypod.comFollow The Best One Yet on Instagram, Twitter, and Tiktok: @tboypodAnd now watch us on YoutubeSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Paul (a.k.a. LindyMan) is a technology lawyer and writer that has made a name for himself living a lifestyle based on The Lindy Effect. He regularly publishes blog posts through The Lindy Newsletter and is active on social media. Follow him on X @LindyMan. [0:17] - How Paul became the LindyMan [10:33] - Introducing Lindy and its usefulness as a lens for life [17:41] - On the dynamic nature of Lindy and why generational churn is a critical qualifier [23:55] - The Lindy Diet [31:27] - A thesis on hydration driving youthfulness appearance [40:20] - Drug use from a Lindy perspective [45:52] - The Lindy Walk, and why walking is great for thinking [54:56] - The 4 Hour Life, how modern employment and environmental design can be interpreted through the Lindy frame [1:03:54] - The changing dynamics of modern dating (not Lindy) [1:12:26] - Refinement culture and the flattening of aesthetics For more episodes, go to podofjake.com. Previous guests include Mark Cuban, Vitalik Buterin, Brian Armstrong, Balaji Srinivasan, Keith Rabois, Ali Spagnola, Anthony Pompliano, Raoul Pal, Julia Galef, Jack Butcher, Tim Draper, and over 100 others alike. Learn from founders and CEOs of companies like OpenAI, Coinbase, Solana, Polygon, AngelList, Oura, and Replit, and investors from Founders Fund, a16z, Union Square Ventures, and many more. I appreciate your support and hope you enjoy. Thanks to Chase Devens for the show notes and Yiction for the music. Lastly, I love hearing from fans of the pod. Feel free to email me any time at jake@blogofjake.com. Thank you!
Strap yourselves in for a riveting journey into the shadowy realms of financial fraud with our esteemed guest, Dan Davies. Prepare to be captivated as we peel back the layers of the audacious Great Salad Oil Scam, examining how this intricate deception cleverly outmaneuvered control mechanisms. It's a story that hammers home the importance of meticulous research and constant alertness when considering any investment.Ever wondered what goes on inside the minds of white-collar criminals? As we delve into the psychology of fraud, we reveal how fraudsters rationalize their actions and delve into the power dynamics of high-status individuals. The conversation also emphasizes the need for constant vigilance against fraud, and the surprising status it can hold. With insights from Dan, we'll help you better understand the complexities and challenges of detecting and preventing fraud.As we approach the conclusion, we turn our attention to the controversial correlation between easy monetary policy and fraudulent activities. We discuss how easy access to credit can be exploited by unscrupulous individuals, allowing fraud to persist longer. Plus, we explore the 'Lindy Effect' and how it can be utilized in detecting fraudulent activities. Ponder over the thought-provoking insights shared by Dan on how governments should tackle fraud, and why simply restricting individuals from trading stocks isn't enough. From the Great Salad Oil Scam to the Lindy Effect, this episode is a must-listen for anyone interested in the murky world of investment fraud.ANTICIPATE STOCK MARKET CRASHES, CORRECTIONS, AND BEAR MARKETS WITH AWARD WINNING RESEARCH. Sign up for The Lead-Lag Report at https://theleadlag.report/leadlaglive and get 30% off as a podcast listener.Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.The Canadian Money RoadmapDiscover strategies to save, invest, and grow your money effectively.Listen on: Apple Podcasts SpotifyFoodies unite…with HowUdish!It's social media with a secret sauce: FOOD! The world's first network for food enthusiasts. HowUdish connects foodies across the world!Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups!HowUdish makes it simple to connect through food anywhere in the world.So, how do YOU dish? Download HowUdish on the Apple App Store today:
Marketing School - Digital Marketing and Online Marketing Tips
In episode #2529, we take a look at a new concept known as the inverse entrepreneur effect. This concept of business implies that your regular hierarchical pyramid is flipped upside-down. With the creator or brand on the bottom, they build upward with positions and people they need as the business grows. Join us as we take a look at the trouble with this new creator economy and explore the idea of reversing the upside-down pyramid to prevent your business from becoming reliant on one person, negating the Key Man Risk. For more insights and practical takeaways, tune in now. TIME-STAMPED SHOW NOTES: [00:00] Today's topic: What is the Inverse Entrepreneur Effect? [00:05] A new concept where the pyramid is flipped upside-down. [00:40] The trouble with the creator economy. [01:50] A good example of making everything not reliant on the brand/creator. [02:28] We talk about ‘The Lindy Effect.' [03:00] Reversing your company to a right-side-up pyramid. [04:00] How to prevent your business from becoming/being reliant on one person. [04:40] A quick look at what Logan Paul is doing. [05:11] ‘Key Man Risk' and what it means in business. [05:24] That's it for today! Don't forget to rate, review, and subscribe! Go to https://www.marketingschool.io to learn more!Links Mentioned in Today's Episode: Don't forget to help us grow by subscribing and liking on YouTube! LVMH with Bernard Arnault. Logan Paul and Prime. Register for the Leveling Up Founders Event here! Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review. Connect with Us: Single Grain
Marketing School - Digital Marketing and Online Marketing Tips
In episode #2529, we take a look at a new concept known as the inverse entrepreneur effect. This concept of business implies that your regular hierarchical pyramid is flipped upside-down. With the creator or brand on the bottom, they build upward with positions and people they need as the business grows. Join us as we take a look at the trouble with this new creator economy and explore the idea of reversing the upside-down pyramid to prevent your business from becoming reliant on one person, negating the Key Man Risk. For more insights and practical takeaways, tune in now. TIME-STAMPED SHOW NOTES: [00:00] Today's topic: What is the Inverse Entrepreneur Effect? [00:05] A new concept where the pyramid is flipped upside-down. [00:40] The trouble with the creator economy. [01:50] A good example of making everything not reliant on the brand/creator. [02:28] We talk about ‘The Lindy Effect.' [03:00] Reversing your company to a right-side-up pyramid. [04:00] How to prevent your business from becoming/being reliant on one person. [04:40] A quick look at what Logan Paul is doing. [05:11] ‘Key Man Risk' and what it means in business. [05:24] That's it for today! Don't forget to rate, review, and subscribe! Go to https://www.marketingschool.io to learn more! Links Mentioned in Today's Episode: Don't forget to help us grow by subscribing and liking on YouTube! LVMH with Bernard Arnault. Logan Paul and Prime. Register for the Leveling Up Founders Event here! Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review. Connect with Us: Single Grain
In today's episode of Daily Show Up, Darin dives into an intriguing concept known as the Lindy Effect. Have you ever wondered why some things withstand the test of time while others fade away quickly? 1. Understanding the Lindy Effect and Its Significance for BusinessThe Lindy Effect is a fascinating principle that can profoundly impact your business choices. In simple terms, the Lindy Effect suggests that the future lifespan of non-perishable things, like technology and ideas, is directly tied to their current age. The longer something has been around and proven its worth, the longer its overall life expectancy. Think of it as a way to gauge the durability of concepts and strategies.2. Prioritizing Tried and True Strategies in BusinessWith the Lindy Effect in mind, it's essential to recognize the value of proven strategies in the business world. It's tempting to chase after the latest trends and fads, hoping they'll bring instant success. However, history shows us that these novelties often have shorter lifespans. Instead, the tried and true methods – those that have stood the test of time – should be your main focus. Allocating your resources wisely by investing in established strategies can provide stability and sustainability.3. Balancing Innovation and the Lindy EffectInnovation is crucial for any business's growth, but it's important to strike a balance between innovation and the principles of the Lindy Effect. While experimenting with new trends can lead to breakthroughs, the core of your efforts should be built on the foundations that have proven successful over time. By combining innovation with tried and true strategies, you create a strong framework that can withstand industry fluctuations and changes.
若神話是眾人之夢, 我們該孤獨而清醒, 還是設法活在集體的夢裡。 什麼是千面英雄? 什麼是英雄旅程? 我該走向英雄旅程嗎? - 本集訪談「析心事務所」陳璿丞醫師, 從神話學,談憂鬱症, 從生存焦慮,談英雄旅程。 片尾特別訪談: 我的朋友正在自傷,我該怎麼辦? 極端實用,敬請收聽! - 最後,本集天外飛來集氣業配, 醫學專業+正念冥想=還沒開過的工作坊 「正念冥想工作坊_意願蒐集」(2023/7/23 更新 已有七人填表 積極籌畫中) 佛系開表單,滿八人後再來協調時間, 大家別緊張,一切慢慢來, 我們可以從容自在的, 往更動人的旅程前進。 / (00:02:28) THE BOOK《千面英雄》 (00:06:27) 《英雄的旅程》 (00:06:38) 怎麼當英雄|TED-Ed (00:06:54) 《作家之路》 (00:08:39) 英雄之旅:12階段 (00:11:15) 集體潛意識|榮格 (00:12:43) 《愛在黎明破曉時 Before Sunrise》 - (00:15:10) 過動症、生存焦慮 (00:16:28) 《魔神英雄傳》、《黑色五葉草》 (00:20:53) 危機就是危機,不會讓你越挫越勇|從大腦到心理 EP.114 (00:23:15) 「感謝社群媒體,讓憂鬱症比例上升」 (00:30:17) 神話,眾人遙不可及之夢 (00:32:30) 《活出意義來》 (00:33:14) 在沒有意義的日常,撒上神話調味 - (00:41:39) 時光隧道:英雄如何做出選擇? (00:43:27) 林迪效應 Lindy Effect (00:45:21) 人生勝利組裡的失敗者?!台大醫科最後一名該如何自處?|茜珊 (00:51:35) 選擇、資源、能力|生活中的程式 (00:55:40) 「我接受,我是平凡人」 - (01:00:01) 正念冥想工作坊_意願蒐集 (01:05:53) 身心科醫師,給憂鬱症的建議 (01:09:00) 精神衛生法第 32 條:「警察機關或消防機關於執行職務時,發現病人或有第三條第一款所定狀態之人(指思考、情緒、知覺、認知、行為等精神狀態表現異常),有傷害他人、自己或預期傷害危險者,應即護送前往就近適當醫療院所就醫。」 (01:15:06) 放棄急救 Do Not Resuscitation (01:18:17) 《千面英雄》最喜歡的觀念 - FB|陳璿丞醫師 x 析心事務所 IG|@soansengtan Podcast|
Uno stanco Sino e Dom tornano con un episodio pasquale tra i downside del turismo, festività, uova di pasqua, opere che (non) durano la prova del tempo, moralità e molto altro --- Send in a voice message: https://podcasters.spotify.com/pod/show/expatriati/message
Durant cet épisode, je discute de motivation, répartition des récompenses, justesse dans les objectifs, et les enjeux du système sportifs avec Jacques Forest, Ph. D. À propos de Jacques: Il est professeur titulaire au Département d'organisation et des ressources humaines à l'ESG UQAM, Psychologue et CRHA, Jacques Forest est passé maître dans l'art de créer des ponts entre la science et la pratique. Les travaux de recherche de Jacques Forest s'intéressent à la théorie de l'autodétermination (TAD) ainsi qu'aux facteurs de motivation pour tenter de savoir comment il est possible de concilier performance et bien-être de façon durable. L'outil « Échelle multidimensionnelle des motivations au travail », dont il est co-auteur, est maintenant traduit en 26 langues. En 2006, il a reçu un prix lors du Concours de vulgarisation scientifique de l'Association francophone pour le savoir (ACFAS) et il a également décroché le Prix de la relève professorale en recherche de l'ESG UQAM, en 2011. Jacques Forest a publié ou co-publié à ce jour 62 articles scientifiques et 18 chapitres de livre, en plus d'intervenir comme expert en motivation auprès des entreprises et de l'élite sportive. Sa capacité de rendre accessibles des concepts souvent complexes font de Jacques Forest un vulgarisateur d'exception, convoité non seulement par tous les types d'auditoires, mais aussi par les médias du Québec et de l'international. Pour rejoindre Jacques: forest.jacques@uqam.ca Pour accéder au livre de Jacques: https://www.leslibraires.ca/livres/liberer-la-motivation-jacques-forest-9782898260964.html Suivez Coach Frank sur TWITTER: https://twitter.com/coachfrankphd Pour rejoindre la communauté: info@bettersport.ca ABONNEZ-VOUS à l'infolettre: https://drcoachfrank.com/contact/ --- NOTES D'ÉMISSION Introduction de Jacques Forest*.* Qu'est-ce que les gens ne réalisent pas du sport de snowboard? (1:49) Qu'est-ce que tu veux dire par le « swing initial »? (4:27) Comment détourner ou combattre l'objectif de la récompense? (6:22) Récompense financière « Functional meanings of rewards ». (9:38) Comment rendre l'invisible visible? (11:24) Les 4 types de motivation : plaisir, sens, pression interne et pression externe. (13:31) Les 3 cibles à atteindre selon la théorie de l'auto détermination : la satisfaction, des besoins psychologiques de l'autonomie, les compétences et l'appartenance sociale. (15:02) Le sport est plein d'exemples de très grande performance sportive qui sont réalisés dans des régimes contrôlants autoritaires. (17:05) Les classes sociales sportives. (22:13) Justifié et injustifié des salaires de millions de dollars dans le sport. (28:48) La théorie d'autodétermination, c'est quoi la chose qui est mal comprise? (34:11) La motivation identifiée. (35:31) Comment on fait passer les jeunes athlètes de la motivation introjectée à intersectée? (38:03) « Needs supportive behaviour » comportement de satisfaction des besoins. (40:15) Le sens fonctionnel que tu vas attribuer peut être autodéterminé ou pas. (42:36) Les entraîneurs qui veulent avoir du succès mais le faire de la bonne façon, un climat positif agréable pour les athlètes. (45:42) Qu'est-ce que les gens devraient retenir de ton livre « Libérez la motivation avec la théorie de l'autodétermination» ? (48:30) Qu'est-ce qu'on veut pour notre environnement et comment le mettre en pratique? (52:29) Est-ce l'objectif de « job crafting » ? (55:37) L'importance de développer ces forces et les connaître. Trois catégories de forces. (1:00:12) Comment est ce que tu vois le changement de paradigme et cette approche? (1:03:26) Question : Pour retourner en arrière et donner un conseil à toi même de quand tu avais 22 ans, ça serait quoi? (1:16:46) Qu'est-ce qui va devenir un avantage compétitif dans le monde dans 10 ans? (1:08:15) Mot de la fin et comment rejoindre Jacques Forest : jacques@uqam.ca (1:11:21) PERSONNES ET ORGANISATIONS MENTIONNÉES Jacques Forest (16) Jacques Forest (researchgate.net) Université Norvégienne des sciences du sport Ecole norvégienne des sciences du sport - Uni24k Pierre-Nicolas Lemyre Pierre-Nicolas Lemyre | Norwegian School of Sport Sciences (nih.no) Bloom Bloom's Literature - Infobase « Libérez la motivation avec la théorie de l'autodétermination» Libérer la motivation. Avec la théorie de l'autodétermination : Forest, Jacques, Van den Broeck, Anja, Van Coillie, Hermina, Mueller, Marcus B., Ryan, Richard M: Amazon.fr: Livres Mikaela Shiffrin Mikaela Shiffrin - Wikipedia « Serial Winning Coaches » (16) (PDF) Serial Winning Coaches: People, Vision, and Environment (researchgate.net) Anja Van den Broeck (16) Anja Van den Broeck (researchgate.net) Hermina Van Coillie (16) Hermina van Coillie (researchgate.net) Marcus B. Mueller (30) Marcus B. Muller, PhD, MBA | LinkedIn Values in Action VIA Character Strengths Survey & Character Reports | VIA Institute Lindy Effect [What is the Lindy Effect? | Lindy Health](https://lindyhealth.com/lindy-effect/#:~:text=The Lindy Effect is a phrase that signifies,the future the more it lasts in society.) La formation sur les forces Utiliser ses forces signatures - Formation Psychologie positive (perfectionnement.com) Self Determination Theory selfdeterminationtheory.org – Page Array – An approach to human motivation & personality
This is a podcast on M&A Stories regarding Serial Acquisitions and New-Age Acquisitions with Nitin Kumar Show Notes: On the perspective of serial acquirer vs occasional acquirer, in the past there were three types of acquirers: Occasional, Frequent and Serial Acquirer. Since then the world of M&A has changed quite a lot. Companies that were known as serial acquirers, who had created processes around it and created playbooks, no longer can say that they are a continuous serial acquirer. Due to the massive expansion on types of acquisition i.e. consolidation, adjacencies, acquihire, carve-out integration and new business models, the traditional definition of serial acquirers no longer holds good. New trend is emerging where companies want to integrate new operating models or get acquihires to boost their strategy realization faster than the timeline pursued in conventional integrations. It is not just the size of an acquisition but also the complexity of an acquisition that drives the length of time for integration. Now there are companies that have started parallel acquisitions alongside their serial acquisitions. Integrations have radically evolved since the last decade and definitely from the last century. Integrations can be functional or structural. Functional integrations is all about functions integrating with each other but in the era of disruptions that we are living in, structural integrations are at play here in many cases. Structural integrations may be cross-functional like revenue synergies where sales, marketing, product management, pricing teams need to be involved or it may include digital transformation that rationalizes many roles and functions. Synergies in the classic way may not be enough in today's integration. Companies need to factor in Lindy Effect, Metcalfe's Law, Networks that can drive exponential synergies there. These synergies do not necessarily come out of the functions or the back office. How should IMO be configured? Should it be drive-and-deliver, advise-and-support posture, lead-and-influence, is it augment-and-report with business units doing drive-and-deliver work? Driving value these days is not just cost synergies and revenue synergies but also includes reciprocal synergies where both parties bring something to the table and create value. There are sequential synergies i.e. if a certain sequence of steps are undertaken, it can lead to creation of new viable steps that result in value creation. There are beta synergies that isolate value drivers and synergies that directly impact stock prices. Listen to the episode to know more. Nitin Kumar is a 25-year veteran, transformative CEO, and ex Management Consulting Partner focused on the TMT sectors. He has led hyper-scale organizations ($multi-billion P/L) and start-ups with global experience across all major markets (six continents). In 2020, he was recognized by CEO Today magazine as the "Master of the Pivot", CIO Bulletin as "Top 10 CEOs to Watch" and CEO World as “Most Influential Exec”. https://www.linkedin.com/in/nikumar/ ------- The hosts of the interview are: Anirvan Sen, CEO Fifth Chrome: https://www.linkedin.com/in/anirvansen/ Marcella Hall, HR M&A Expert: https://www.linkedin.com/in/hallmarcella/ ------- This interview is part of a series run by Fifth Chrome (https://www.fifthchrome.com), a firm that enables experienced professionals to build "Future Capabilities for Business to thrive". ------- Books mentioned: - Exponential Organizations by Salim Ismail | https://smile.amazon.com/dp/B00OO8ZGC6 - The Price of Tomorrow by Jeff Booth | https://smile.amazon.com/dp/B08334WFSQ
Today we're talking about the Lindy Effect. Is an idea, institution or custom valuable just because it's old? How much should ancient ways inform our modern lifestyles and ways of being? Join as we explore how the past informs our present.
Happy Summer y'all! Remington and Jeana are trying to figure out how to define what they do for a living. Other topics include: the premise of a good relationship, the A.I. war on spirituality, author and consultant, the collective unconscious bias of Johnny Depp, the Lindy effect, the number 16, TOWER CARD and more. P.S. - the duck wallpaper is still up.
Paul Skallas aka Lindy Man drops by the pod to talk about the Lindy effect, the 4HL, refinement culture, literature, romance and more.
What is the Lindy Effect? Rich shares how he learned about the concept back in the summer of 2021 when he met Paul Skallas (aka Lindy Man) while bartending at the Lincoln Station in Chicago. Skallas is a technology lawyer and an author who tries to use the most robust ideas from human history to make sense of the challenges and opportunities in daily life. Highly recommend checking out his Twitter and Newsletter. Paul's Twitter Paul's Newsletter Paul's New York Times feature profile
NFT News7 day market: https://cryptoslam.io/ External/Internal news: Animoca Brands snaps up mobile game maker Grease Monkey Games https://dappradar.com/blog/magnus-carlsen-and-the-sandbox-move-chess-into-the-metaverse NBA Top Shot to Auction NFTs That Grant Five Years of VIP All-Star Game Access - Decrypt New ZED class system and tournaments Affordable projectAiVATAR - Collection | OpenSea Quick highlight on any past projects: Keep Us Honest Affordable Project Tracker Go through the AAA valuation checklist Theme discussion https://en.wikipedia.org/wiki/Lindy_effect The lindy effect explained “In Taleb's 2012 book Antifragile: Things That Gain from Disorder he for the first time explicitly referred to his idea as the Lindy Effect, removed the bounds of the life of the producer to include anything which doesn't have a natural upper bound, and incorporated it into his broader theory of the Antifragile. If a book has been in print for forty years, I can expect it to be in print for another forty years. But, and that is the main difference, if it survives another decade, then it will be expected to be in print another fifty years. This, simply, as a rule, tells you why things that have been around for a long time are not "aging" like persons, but "aging" in reverse. Every year that passes without extinction doubles the additional life expectancy. This is an indicator of some robustness. The robustness of an item is proportional to its life! [8]” If it hasn't died yet, it probably will WAGMI! ZED RUN Showing signs of life, secondary sales are upon genesis and certain horses[Zed Run] Aggressive 2022 roadmap with Tokens, renting, horse burning mechanisms, tournament adjustments, breeding dynamics changing and generally listening to the community Time is not enough - look for interest/transactions/volume over time. Irreversible aspect of blockchain will result in many dead projects
Clip is 10 mins into this deleted Lindy Talk episode: https://web.archive.org/web/20210312232914/https://paulskallas.substack.com/p/03-lindy-talk-w-marc-andreessenProtocol on a16z and the Lindy Effect
The "What is Money?" Show ✓ Claim Podcast Notes Key Takeaways Bitcoin has at least a 10x up to 100x from here.Everything is going to be on-chain, have a token, and be in constant competition.At $1Million per coin, Bitcoin becomes a pro-freedom governmentSatoshi was not a Maximalist; there will be coins and the safest play will be to hold BTC.Read the full notes @ podcastnotes.orgBalaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBalaji's Twitter: https://twitter.com/balajisBalaji's Website: https://balajis.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 The Future of a “Price Stable” Fiat Currency00:04:24 The Future of On-Chain Automation00:08:30 Bitcoin as Point “Zero, Zero” of Global Digital Economy00:11:22 The Geopolitical Thesis, Antithesis, and Synthesis of Bitcoin00:15:32 The Lindy Effect, Bitcoin, and Technological Disruption00:19:13 Will Other Forms of Property Become Digitized?00:22:14 Bitcoin is Both for Power Users and the Marginalized Users00:25:25 NYDIG00:26:32 The Polarity of Adoption for Bitcoin and Digital Securities00:30:44 Satoshi Nakamoto was Not a Bitcoin Maximalist00:34:43 Bitcoin's Path Toward Global Dominance00:37:08 Antiquated Securities Laws and Social Scalability00:41:55 Holding the Principle Above the Implementation00:48:57 “There's Nothing So Good That You Can't Overdo It”00:52:54 Champagne Socialism is the Only Kind of Socialism00:57:06 Transhumanism vs. Anarcho-Primitivism01:03:13 The History of Maoism and How China Got Rich01:11:14 In Communist China, Entrepreneurship was Punishable by DeathSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack
Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTBalaji's Twitter: https://twitter.com/balajisBalaji's Website: https://balajis.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 The Future of a “Price Stable” Fiat Currency00:04:24 The Future of On-Chain Automation00:08:30 Bitcoin as Point “Zero, Zero” of Global Digital Economy00:11:22 The Geopolitical Thesis, Antithesis, and Synthesis of Bitcoin00:15:32 The Lindy Effect, Bitcoin, and Technological Disruption00:19:13 Will Other Forms of Property Become Digitized?00:22:14 Bitcoin is Both for Power Users and the Marginalized Users00:25:25 NYDIG00:26:32 The Polarity of Adoption for Bitcoin and Digital Securities00:30:44 Satoshi Nakamoto was Not a Bitcoin Maximalist00:34:43 Bitcoin's Path Toward Global Dominance00:37:08 Antiquated Securities Laws and Social Scalability00:41:55 Holding the Principle Above the Implementation00:48:57 “There's Nothing So Good That You Can't Overdo It”00:52:54 Champagne Socialism is the Only Kind of Socialism00:57:06 Transhumanism vs. Anarcho-Primitivism01:03:13 The History of Maoism and How China Got Rich01:11:14 In Communist China, Entrepreneurship was Punishable by DeathSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack
IN THIS EPISODE, YOU'LL LEARN: 07:40 - Why investors should consider adding Bitcoin as a part of their portfolio.26:13 - How Andy thinks about the value of Bitcoin today when buying it for his portfolio.36:42 - How investors can potentially keep themselves from ‘buying the top' in Bitcoin.39:33 - What the 14 characteristics of money are.01:15:21 - What makes Bitcoin different from all of the other cryptocurrencies.01:24:32 - Why the US government is not likely to ban Bitcoin.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.EPISODE RESOURCESRobert and Clay's tool for picking stock winners and managing our portfolios: TIP Finance - use coupon code ‘ROBERT' for 50% off.Check out Swan Advisor Services.Andy's book, Why Buy Bitcoin.Trade Bitcoin with Swan.Check out TIP's Mayer Multiple and the Mayer Multiple Twitter Account.Square and Ark Invest's Report, Bitcoin is Key to an Abundant, Clean Energy Future. Explanation of the Lindy Effect.Related Episode: MI032: Bitcoin, Cryptocurrencies, and Blockchain (Part 1) w/ Preston Pysh.Related Episode: MI044: Bitcoin, COVID-19, And Macroeconomics For Beginners Part 1 w/ Pomp.Get a FREE audiobook from Audible.Check out our Investing Starter Packs about business and finance.Support our free podcast by supporting our sponsors.Save with a credit union that helps you build financial confidence with Navy Federal Credit Union.Make your home safe with Simplisafe and get 40% off today. Indoor and outdoor cameras, comprehensive sensors, you name it.Now, not only the wealthy can afford collectibles! Enter Otis, an investment platform that makes it possible for almost anyone to invest in shares of cultural assets. Sign up now at withotis.com/TIP to get your first share for FREE!Get exclusive rewards and comprehensive benefits with Point Card. Membership starts at $99 a year and comes with unlimited cash-back on every purchase! Use promo code INVEST to get 25% off current membership fees when you create an account. Valid until January 31, 2022 only, so sign up now!Switch to Mint Mobile and get premium wireless service, starting at JUST $15 bucks a month, and get the plan shipped to your door for FREE.Read this episode's transcript and full show notes on our website.Connect with Andy: Website | LinkenIn | TwitterConnect with Clay: Twitter See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Video on BitChute: https://www.bitchute.com/video/Dbhg6ain6n3o/ Video on Rumble: https://rumble.com/vnj28j-bitcoin-elections-china-covid-vaccinesjabs-wall-street-kitty-cats-f1-racing.html Video on Odysee: https://odysee.com/@chycho:6/CurrentEvents_Sept26_2021_chycho:9 CensorTube Intro: link will be provided shortly ***SUPPORT*** ▶️ Patreon: https://www.patreon.com/chycho ▶️ Paypal: https://www.paypal.me/chycho ▶️ Subscribe Star: https://www.subscribestar.com/chycho ▶️ Streamlabs at: https://streamlabs.com/chycholive SELECT APPROXIMATE TIMESTAMPS: - CensorTube Introduction (0:11-2:17) - Thoughts on Bitcoin: Be careful, There Are Problems (4:40-8:48) - Voting in the United States: The US is Not a Democracy, Elections Have Been Compromised by Technocrats and Oligarchs (8:48-10:46) - Bitcoin Is Not a Currency, It Is a Digital Collectable: Currencies Must Be Fungible, Bitcoin is not Fungible (11:48-14:30) - China - The Argument That Bitcoin Has Value Because It Takes Energy to Create Is a Fallacy (15:21-17:06) - Problem With Crypto (17:52) - The War Against China In Perspective: Would You Travel to Australia? (18:57-23:05) - Thoughts on Wall Street: The Stock Market is Extremely Overvalued (23:14-26:38) - Bitcoin Is Not Digital Gold, It Is a Digital Collectable: Action Comics #1 Vs Bitcoin, Consider the Lindy Effect (26:38-28:30) - ... more discussion on China - El Salvador and Bitcoin: A Model to Roll out Non-fungible Centrally Controlled Digital Currencies (34:14-37:06) - Norm Macdonald (38:55) - ... some food and jab discussion - Join Our Discord Server To Share Information and Stay Up With Current Events (46:58-48:35) - ... and more. - To Those That Have Gotten the Jabs, Defend and Support Those That Are Being Demonized and Brutalize by the State (52:18-54:52) - Motivation (55:35) - Cognitive Dissonance & Hypnosis: Jabbers Wishing Humanity Death, the Resistance Wishing Them Good Health (56:52-59:28) - Regarding Fanatical Atheists - Covid Origin - How to Help the Jabbed Understand What's Going On: Helping Those Dealing with Cognitive Dissonance about the Covid "Vaccines" (1:05:01-1:10:06) - Using Israel's Covid Vaccine Rollout Data to help people understand what's going on: Bureaucracy kills (1:10:30-1:15:04) - Kitty Cat Break and Update, What to Do with Your Grape Harvest, F1 Grand Prix Racing and Religions, Faith and Morality (1:17:35-1:50:43... and further but for CensorTube cut we stopped it here) - The Type's of Cars That I Have Owned (1:52:41-1:54:22) ***WEBSITE*** ▶️ Website: http://www.chycho.com ***LIVE STREAMING*** ▶️ Twitch: https://www.twitch.tv/chycholive ***VIDEO PLATFORMS*** ▶️ YouTube: https://www.youtube.com/user/chychochycho ▶️ BitChute: https://www.bitchute.com/channel/chycho ▶️ Rumble: https://rumble.com/c/chycho ▶️ Odysee: https://odysee.com/$/invite/@chycho:6 ▶️ Twitch: https://www.twitch.tv/chycholive ***FORUM*** ▶️ Discord: https://discord.gg/MXmS7B9 ***CRYPTO*** ▶️ As well as Cryptocurrencies: Bitcoin (BTC): 1Peam3sbV9EGAHr8mwUvrxrX8kToDz7eTE Bitcoin Cash (BCH): 18KjJ4frBPkXcUrL2Fuesd7CFdvCY4q9wi Ethereum (ETH): 0xCEC12Da3D582166afa8055137831404Ea7753FFd Ethereum Classic (ETC): 0x348E8b9C0e7d71c32fB2a70DcABCB890b979441c Litecoin (LTC): LLak2kfmtqoiQ5X4zhdFpwMvkDNPa4UhGA Dash (DSH): XmHxibwbUW9MRu2b1oHSrL951yoMU6XPEN ZCash (ZEC): t1S6G8gqmt6rWjh3XAyAkRLZSm9Fro93kAd Doge (DOGE): D83vU3XP1SLogT5eC7tNNNVzw4fiRMFhog Bitclout: BC1YLinv7tYLFyNQDeB2uWiqXVTUtWQGYHreXxELq5F75oxrDgk8HYb Peace. chycho
On Using Time as a Filter. knowyourselfperformance.com
Ready to take on the COVID-19 divide? In this special roundtable edition of our podcast, two red and two blue Braver Angels leaders tackle big questions about vaccines and vaccine mandates. How do the left and right help and hurt America's struggle against the pandemic? Are President Joe Biden's vaccine mandates tough love or bad medicine? Featuring John Wood, Jr. (national ambassador), Alma Cook (music ambassador), Ciaran O'Connor (CMO), and Mónica Guzmán (director of digital and storytelling). Also in this episode: John Wood, Jr. lays out his vision for the upcoming launch of the John Wood, Jr. Show, Alma explains the “Lindy Effect,” Mónica dishes on why her cooking no longer sucks, and Ciaran shares a message for Nikki Minaj. What tough topic should we tackle next month? Email media@braverangels.org to share your thoughts! Ready for the launch of the John Wood Jr. Show? Subscribe on YouTube here: https://www.youtube.com/channel/UCy2NKTrKM_MY_WbY8ISSq2g Twitter: @braverangels, @moniguzman, @ciaranjoconnor, @JohnRWoodJr, @HearAlma
This week we have @sinstockpapi joining the Value Hive. We dive into why invests in sin stocks, what is limbic capitalism, everything you need to know about tobacco companies such as British Tobacco, what is the Lindy Effect, the bull and bear case for Swedish Match, his thoughts on ESG investing, and a Q&A from the FinTwit Community. Here is the time-stamp: [0:00] Who is @sinstockpapi? [4:30] Investment Philosophy [9:00] Understanding the Business as a Customer [13:00] Lessons Learned from the Covid 19 Crash [16:00] Sins Stock: What is Limbic Capitalism? [22:00] Sin Stocks' Misconceptions: Tobacco [26:00] Making Money on Tobacco Stocks. [29:00] What It feels to have a Nicotine Withdrawal. [33:00] What is the Lindy Effect? [39:00] Sinstockpapi's Portfolio [40:30] British Tobacco (BTI) [43:00] Who is Kenneth Darth? [44:00] The Bull Case for Swedish Match (SWMA) [49:00] The Bear Case for Swedish Match (SWMA) [52:00] ESG Investing [56:00] Twiter Q&A [57:00] Is TPB a future 10x Compounder? [1:02:00] Unlevered vs Levered Multiples when Analyzing Tobacco Companies [1:04:00] Favorite Juul Flavor? [1:05:00] Why is SWMA better than BTI? [1:07:00] Should Tobacco Companies Abolish Dividends? [1:09:00] Closing questions Make sure to check out SinStockPapi's new Substack here. We're also proud to introduce our newest sponsor, Quartr! Quartr is revolutionizing the way investors interact with IR departments, listen to conference calls, and engage in investment research. The best way to think of Quartr is like Spotify for investor conference calls. Quartr is 100% free and includes markets from twelve countries (with plans to expand in the future!). Investors can easily request new companies, and Quartr is quick to add them. You can learn more about Quartr by visiting their site, Quartr.se If you're interested in changing the way you research companies, download the app today and give it a try on Apple and Android.
Ryan reads today's daily meditation and talks to Paul Skallas about the Lindy Effect, why certain works stand the test of time and how to replicate them, how to order your life according to the Lindy Effect, and more.Paul Skallas is a technology lawyer and an author of many books including Life & The Lindy Effect. Skallas is an original thinker who tries to use the most robust ideas from human history to make sense of the challenges and opportunities in daily life.The Jordan Harbinger Show is one of the most interesting podcasts on the web, with guests like Kobe Bryant, Mark Manson, Eric Schmidt, and more. Listen to one of Ryan's episodes right now (1, 2), and subscribe to the Jordan Harbinger Show today.DECKED truck bed tool boxes and cargo van storage systems revolutionize organization with a heavy-duty in-vehicle storage system featuring slide out toolboxes. DECKED makes organizing, accessing, protecting, and securing everything you need so much easier. Get your DECKED Drawer System at Decked.com/STOIC and get free shipping.LinkedIn Jobs is the best platform for finding the right candidate to join your business this fall. It's the largest marketplace for job seekers in the world, and it has great search features so that you can find candidates with any hard or soft skills that you need. And now, you can post a job for free. Just visit linkedin.com/STOIC to post a job for free. Athletic Greens is a custom formulation of 75 vitamins, minerals, and other whole-food sourced ingredients that make it easier for you to maintain nutrition in just a single scoop. Visit athleticgreens.com/stoic to get a FREE year supply of Liquid Vitamin D + 5 FREE Travel Packs with subscription. Sign up for the Daily Stoic email: http://DailyStoic.com/signupFollow us: Instagram, Twitter, YouTube, TikTok, and FacebookFollow Paul Skallas: Homepage, Twitter
This week the Gwartney team talks about the Lindy effect. The Lindy effect is The Lindy Effect is the idea that the older something is, the longer it's likely to be around in the future. Nassim Nicholas Taleb, in his book, Antifragile: Things That Gain From Disorder, defines it for non-perishable items (things like information, intellectual production, etc.) as so: If a book has been in print for forty years, I can expect it to be in print for another forty years. But, and that is the main difference, if it survives another decade, then it will be expected to be in print another fifty years. This, simply, as a rule, tells you why things that have been around for a long time are not “aging” like persons, but “aging” in reverse. Every year that passes without extinction doubles the additional life expectancy. This is an indicator of some robustness. The robustness of an item is proportional to its life! Enjoy!!
The gals return with a discussion on the Lindy Effect, a new "lifestyle" that seeks inspo from the ancients. Syd details the paradoxical story of Lifelock, an identity theft company that fell victim to identity theft. *womp womp* Check us out on https://www.youtube.com/channel/UCcC1YOAIBRooo04RCinn4MQ (Youtube)!
Sometimes learning to live in the modern world that's constantly changing requires us to look for guidance from the ancient world. Paul Skallas is an evangelist for something called The Lindy effect, he talks to Jesse.
You follow him on Twitter. You've read his books. You've subscribed to his Substack. And now, you've seen him in the Thursday Styles section of The New York Times. Default Friend and the Personality Girl are stoked to welcome the inimitable Paul Skallas, aka the LindyMan, to After the Orgy, where they have a wide-ranging conversation about the Marvel Cinematic Universe, tech, strivers, Adderall, young adult literature, parenting, and everyone's favorite topic: women under 25.Theme: Lindy by Kenny Chesney
"Bitcoin is the most important innovation to happen to money in 1,000 years." - Vijay Boyapati In this very special episode, Vijay returns to talk with Ced about his new book the Bullish Case for Bitcoin & where we are in this cycle. We discuss: - What are the common mistakes made during a bull run - How a bull market tests your conviction more than a vicious bear market - Is the current cycle different than prior cycles - El Salvador, nation state adoption, inflation & the Berlin Wall - How Bitcoin poses an existential threat to government monetary policy - Bitcoin as a collateral asset - Gartner hype cycles, Bitcoin's fundamentals, the Lindy Effect & tulips - Will countries ban proof of work mining - Mike Hearn, Ron Paul, big tech, Google, Silicon Valley, altcoin season, QE, AMC, Gamestop, meme stocks & so much more
In this, Episode #27 of the BPR Podcast, I caught up with my old friend and founder of Agora Financial, Addison Wiggin. Over the course of an hour or so, Addison and I talked about the books that matter to him, why we should resist growing calls to “cancel” the western canon, how politics has changed over the course of the US empire, and why having fist fights at 40,000 feet is probably not a good idea. We also looked at exploding government debt in a “post-covid” world, reminisced about his “big budget” movie, I.O.U.S.A. and wondered what the classically trained Founding Fathers would think of the current state of the union. All that and more in my conversation with Addison Wiggin, below... (00:45) - Intro (04:20) - Interview (07:50) - Addison on his unique and formative experience at St. John's College (14:35) - Eva Brann and the value of the examined life (18:05) - The road less travelled... takes Addison to Annapolis (19:05) - From Annapolis to Agora (21:05) - Claude Bernard's scientific method and standing on the shoulders of giants (24:35) - Can the classics survive “cancel culture”? (28:00) - Literature and the “Lindy Effect” (29:30) - The mark of an educated mind and the definition of classical liberalism (32:45) - “Nobody is trying to be civically responsible, not in the age of social media. They're just trying to win votes.” Addison Wiggin (33:15) - It's not “right” vs “left” as much as it is “liberal” vs. “Illiberal” (38:40) - From the Founders Fathers limited government to the Post Pandemic supermonster - lessons in the growth and growth of the governmental apparatus (41:00) - I.O.U.S.A. remembering a “big budget” movie (45:00) - The case for optimism - is this the beginning of a New Era of Prosperity? (46:40) - The central flaw of modern western democracies (50:00) - “Never let a good crisis go to waste,” said every government, ever. (49:55) - Civil liberties in America - an outsider's perspective (55:30) - Why a healthy democracy needs space for opposition (57:30) - Examining the facts on the ground - Addison heads to Greenland (1:03:00) - A useful corollary to Gresham's Law from Saul Bellow (1:04:00) - That which one does not know, one ought not claim to know
DNR community researchers Davidy, Holly & Margo join me to discuss the "Lindy Effect" and more. Follow on IG: @db00ts, @holyyyycow, @ismargohere, @do.not.research, @donotresearch DNR: Lindy meme: https://imgur.com/E2FHPCt Nassim Taleb, “Becoming Anti-fragile”: https://content.artofmanliness.com/uploads/2013/12/Anti-Fragile-2020.jpg Paul Skallas, “In Praise of the Lindy Walk”: https://paulskallas.substack.com/p/in-praise-of-the-lindy-walk Paul Skallas, “Why do we Work Out?” https://paulskallas.substack.com/p/why-do-we-work-out Raw Egg Nationalist, “Man’s World: Issue 2”: https://www.yumpu.com/en/document/read/65613344/mans-world-issue-2-the-sea-the-sea Raw Egg Nationalist, “Draw Me a Gironda”: https://www.amazon.com/Draw-Gironda-Nationalist-Presents-Book-ebook/dp/B08PBZDGHH Josh’s Gironda (Do Not Psychoanalyze): https://imgur.com/a19AzFN
But first, Mark Yusko reviews the 2020 Surprises. Mark talks about QE, volatility, currency valuation, oil prices, European equities, Chinese equities, gold and Bitcoin. Then he switches to forward looking predictions, including interest rates and the Fed's balance sheet, the #FourHorsemen, #MVGA, OPEC, the Land of the Rising Stocks, “Made for China,” Bitcoin and the Lindy Effect, and finally, SPACs are here to stay. Did Morgan Creek have a winning record last year? What does Mark think for Surprises in 2021? Tune in to find out. Want more? Watch the “Around The World With Yusko” webinar series live by contacting us at ir@morgancreekcap.com. Watch it after the fact at https://www.morgancreekcap.com/market-commentary/#investment-themes . Visit us on the web at https://www.morgancreekcap.com
Marketing School - Digital Marketing and Online Marketing Tips
What All Bestselling Book Launches Have in Common In episode #1649, we hear about what bestselling book launches have in common. Neil talks about the company he used when launching his book, and Eric shares why he decided to write Leveling Up. Be sure to tune in today! TIME-STAMPED SHOW NOTES: [00:25] Today's topic: What All Bestselling Book Launches Have in Common. [00:37] What made Neil's book, Hustle, a bestseller: hiring ResultSource. [01:23] Sometimes ‘bestseller' is an empty signifier and a vanity metric. [01:54] The Lindy Effect and the importance of having a book that stands the test of time. [02:32] Why Neil wouldn't write a book again. [03:12] Eric's motivation for writing his book and the hybrid publishing model he chose. [04:13] That's it for today! [04:13] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information or call us on 310-349-3785! Links Mentioned in Today's Episode: Hustle ResultSource How to Win Friends & Influence People The Lindy Effect The Coaching Habit Michael Bungay Stanier Leveling Up Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review. Connect with Us: Neilpatel.com Quick Sprout Growth Everywhere Single Grain Twitter @neilpatel Twitter @ericosiu
Marketing School - Digital Marketing and Online Marketing Tips
What All Bestselling Book Launches Have in Common In episode #1649, we hear about what bestselling book launches have in common. Neil talks about the company he used when launching his book, and Eric shares why he decided to write Leveling Up. Be sure to tune in today! TIME-STAMPED SHOW NOTES: [00:25] Today’s topic: What All Bestselling Book Launches Have in Common. [00:37] What made Neil’s book, Hustle, a bestseller: hiring ResultSource. [01:23] Sometimes ‘bestseller’ is an empty signifier and a vanity metric. [01:54] The Lindy Effect and the importance of having a book that stands the test of time. [02:32] Why Neil wouldn’t write a book again. [03:12] Eric’s motivation for writing his book and the hybrid publishing model he chose. [04:13] That’s it for today! [04:13] To stay updated with events and learn more about our mastermind, go to the Marketing School site for more information or call us on 310-349-3785! Links Mentioned in Today’s Episode: Hustle ResultSource How to Win Friends & Influence People The Lindy Effect The Coaching Habit Michael Bungay Stanier Leveling Up Leave Some Feedback: What should we talk about next? Please let us know in the comments below Did you enjoy this episode? If so, please leave a short review. Connect with Us: Neilpatel.com Quick Sprout Growth Everywhere Single Grain Twitter @neilpatel Twitter @ericosiu
Lyn Alden, CEO and founder of Lyn Alden Investment Strategies, and Raoul Pal, CEO & cofounder of Real Vision Group & Global Macro Investor, explain their thinking about Ethereum and its native token, and talk about their perspective on GameStop. In this episode, we discuss: why Raoul views ether as similar to bitcoin at a macro level (1:25) why Lyn decided ETH was not currently investable (5:06) an analysis of utility protocols (John Pfeffer's paper) (6:55) counterarguments to John Pfeffer's paper (9:31) how to allocate between BTC and ETH (11:22) why Raoul also invested in other coins beyond BTC and ETH (11:47) whether Metcalfe's law applies equally to all kinds of networks (13:35) why Lyn views Ethereum's use case as circular, and why that makes it less investable (15:09) whether Ethereum 2.0 and Ethereum Improvement Proposal 1559, and whether that could make ETH more investable (21:20) the impact of fees on the value of Ethereum (23:36) Raoul's views on what S-Curves and the Lindy Effect indicate about the development of a currency (25:22) how high fees make DApps less attractive, while low fees potentially decrease demand for ETH (27:06) how Lyn believes demand for DeFi is to circumvent compliance and know-your-customer processes, and she doesn't also see that as a downside for Bitcoin (33:10) how the regulators are behind innovation in cryptocurrencies, particularly around taxation (36:32) Raoul's and Lyn's predictions for the ETH price by end of 2021 (41:45) what GameStop says about the democratization of financial information (45:32) whether smart contracts could play in preventing situations similar to what happened with GameStop and/or Robinhood (49:03) how blockchain technology could be used to prevent a situation in which the hedge funds could short more shares than existed (54:03) how the GameStop/Robinhood saga is a giant advertisement for self-custody (54:53) whether r/WallStreetBets' behavior was market manipulation or not (56:53) Thank you to our sponsor! Crypto.com: http://crypto.com Episode links: Lyn Alden: https://twitter.com/LynAldenContact Lyn Alden Investment: https://www.lynalden.com/ Raoul Pal: https://twitter.com/RaoulGMI Real Vision: https://www.realvision.com/contributor/raoul-pal Global Macro Investor: https://www.globalmacroinvestor.com Raoul's tweet storm on Ethereum: https://twitter.com/RaoulGMI/status/1347013567799848961?s=20 Lyn Alden's research paper on Ethereum: https://www.lynalden.com/ethereum-analysis/ Raoul Pal's tweet: ETH equals BTC: https://twitter.com/raoulgmi/status/1347013567799848961?lang=en John Pfeffer's paper: https://s3.eu-west-2.amazonaws.com/john-pfeffer/An+Investor's+Take+on+Cryptoassets+v6.pdf Network effects and Metcalfe's Law: https://saylordotorg.github.io/text_developing-new-products-and-services/s04-12-there-is-power-in-numbers-netw.html Quantity Theory of Money: https://saylordotorg.github.io/text_economics-theory-through-applications/s30-01-the-quantity-theory-of-money.html How Will the Government React to GameStop?: https://www.coindesk.com/gamestop-regulators-response GameStop and Crypto trading: https://cryptonews.com/exclusives/are-gamestop-style-surges-in-crypto-any-different-from-old-p-9151.htm Robinhood Raises Extra funds: https://www.theblockcrypto.com/linked/93258/report-robinhood-billions-raised-investors-1 Possible role of blockchain in trading: https://cointelegraph.com/news/cardano-foundation-ceo-says-blockchain-could-prevent-gme-type-showdowns Caitlin Long: https://www.forbes.com/sites/caitlinlong/2019/05/16/naked-shorting-in-the-uber-ipo-it-couldnt-happen-on-a-blockchain/?sh=f2a0dcd4737d
Lyn Alden, CEO and founder of Lyn Alden Investment Strategies, and Raoul Pal, CEO & cofounder of Real Vision Group & Global Macro Investor, explain their thinking about Ethereum and its native token, and talk about their perspective on GameStop. In this episode, we discuss: why Raoul views ether as similar to bitcoin at a macro level (1:25) why Lyn decided ETH was not currently investable (5:06) an analysis of utility protocols (John Pfeffer’s paper) (6:55) counterarguments to John Pfeffer’s paper (9:31) how to allocate between BTC and ETH (11:22) why Raoul also invested in other coins beyond BTC and ETH (11:47) whether Metcalfe's law applies equally to all kinds of networks (13:35) why Lyn views Ethereum’s use case as circular, and why that makes it less investable (15:09) whether Ethereum 2.0 and Ethereum Improvement Proposal 1559, and whether that could make ETH more investable (21:20) the impact of fees on the value of Ethereum (23:36) Raoul's views on what S-Curves and the Lindy Effect indicate about the development of a currency (25:22) how high fees make DApps less attractive, while low fees potentially decrease demand for ETH (27:06) how Lyn believes demand for DeFi is to circumvent compliance and know-your-customer processes, and she doesn't also see that as a downside for Bitcoin (33:10) how the regulators are behind innovation in cryptocurrencies, particularly around taxation (36:32) Raoul's and Lyn's predictions for the ETH price by end of 2021 (41:45) what GameStop says about the democratization of financial information (45:32) whether smart contracts could play in preventing situations similar to what happened with GameStop and/or Robinhood (49:03) how blockchain technology could be used to prevent a situation in which the hedge funds could short more shares than existed (54:03) how the GameStop/Robinhood saga is a giant advertisement for self-custody (54:53) whether r/WallStreetBets' behavior was market manipulation or not (56:53) Thank you to our sponsor! Crypto.com: http://crypto.com Episode links: Lyn Alden: https://twitter.com/LynAldenContact Lyn Alden Investment: https://www.lynalden.com/ Raoul Pal: https://twitter.com/RaoulGMI Real Vision: https://www.realvision.com/contributor/raoul-pal Global Macro Investor: https://www.globalmacroinvestor.com Raoul's tweet storm on Ethereum: https://twitter.com/RaoulGMI/status/1347013567799848961?s=20 Lyn Alden’s research paper on Ethereum: https://www.lynalden.com/ethereum-analysis/ Raoul Pal’s tweet: ETH equals BTC: https://twitter.com/raoulgmi/status/1347013567799848961?lang=en John Pfeffer’s paper: https://s3.eu-west-2.amazonaws.com/john-pfeffer/An+Investor's+Take+on+Cryptoassets+v6.pdf Network effects and Metcalfe’s Law: https://saylordotorg.github.io/text_developing-new-products-and-services/s04-12-there-is-power-in-numbers-netw.html Quantity Theory of Money: https://saylordotorg.github.io/text_economics-theory-through-applications/s30-01-the-quantity-theory-of-money.html How Will the Government React to GameStop?: https://www.coindesk.com/gamestop-regulators-response GameStop and Crypto trading: https://cryptonews.com/exclusives/are-gamestop-style-surges-in-crypto-any-different-from-old-p-9151.htm Robinhood Raises Extra funds: https://www.theblockcrypto.com/linked/93258/report-robinhood-billions-raised-investors-1 Possible role of blockchain in trading: https://cointelegraph.com/news/cardano-foundation-ceo-says-blockchain-could-prevent-gme-type-showdowns Caitlin Long: https://www.forbes.com/sites/caitlinlong/2019/05/16/naked-shorting-in-the-uber-ipo-it-couldnt-happen-on-a-blockchain/?sh=f2a0dcd4737d
Today Ryan and Jimmy will be talking about simple success principles, long-term results, and what the "Lindy Effect" has to do with your Financial Freedom. The Lindy effect is this theory that a future life expectancy of some nonperishable thing like a technology or an idea is proportional to their current age. Essentially, every additional period of survival implies a longer life expectancy. So how does this apply to your financial freedom journey?We tend to look at the things we purchase as depreciating over time. But when it comes to investments, we must look at the principles and ideologies behind those tangible purchases. If you want to have continual and consistent results, then it's essential to base your gameplan on a foundation that stands the test in time.Tune into this week's episode to learn how to ensure your financial freedom plan is doing just that!Key Takeaways:What the Lindy Effect is (04:20)How long the concept of running a business has been around (07:30)How you make money (12:45)What a 401k was initially supposed to do (20:00)You decide if your financial plan works (26:00)Stepping into our purpose (35:00)--Additional Resources:Join Our Cashflow Tactics GroupTake Our FREE 5-day Cashflow Tactics Challenge--Subscribe to the show on your favorite Podcast App so you never miss an episode!If you enjoy listening to the Rise Up Live Free podcast, leave us a rating and a review on Apple Podcast!
My Main Podcast - A Curious Worldview - https://curiousworldview.buzzsprout.com/1485736The Lindy Effect is the extraordinarily popular heuristic for determining somethings value.My Writing Online: https://atlasgeographica.com/skin-in-the-game/I also turned these ideas into a youtube video https://youtu.be/j0OHUDerbWkAND finally.... join thousands of over people and sign up to my monthly newsletter 'A Curious Worldview' https://atlasgeographica.com/subscribe/NOW pump your juice into the algorithm and leave a review for this podcast! 5 stars and a comment would be magnificent :) Thanks for listening mate :)Reach out on Twitter @faulkos Hosted on Acast. See acast.com/privacy for more information.
Recently, I sat down with the Stained Glass Zealot to talk about the beauty of stained glass, and how it draws you in. Check out his Twitter account here or his Substack to see what he's doing to show how beautiful this art is. Mostly, we discussed the beauty of churches. But, we dove into several other topics like the Lindy Effect, Divine Light by Abbot Suger, fashion vs. eternal beauty, and much more. Listen here or subscribe below to watch the interview: One theme that came up again and again in this interview was that beauty draws us in. We know this from our own experience, if we stop to reflect. Generally, when we fall in love, it starts with some attraction to beauty. In a grocery isle, our eye jumps to bright, beautiful packaging. Beauty captures our attention. It captivates us, pulling us in. "My interest in art must have started with my Catholic upbringing. Art was everywhere: churches with its paintings, sculptures, stained glass, textiles, and fine metalwork." -Cheech Marin Stained Glass and the Lindy Effect According to Wikepedia, the Lindy Effect, "is a theory that the future life expectancy of some non-perishable things like a technology or an idea is proportional to their current age, so that every additional period of survival implies a longer remaining life expectancy." Basically, the longer something has been around, the longer it will last into the future. Therefore, much of the beauty we find in stained glass windows, some hundreds or a thousand years old, will remain beautiful for. along time. Obviously, they have to be maintained for that. to be the case. But, the principles of beauty they follow will last. The Origin of Stained Glass This art was largely inspired by Abbot Suger of St. Denis. His work of Divine Light was meant to encourage the use of beauty to inspire people to pursue Christ. In essence, he believed that beauty could be used to bring people into the Church. In fact, people took this idea even further and used the art itself to teach the faith. Today, many churches have stained glass windows that teach the gospel and of the saints. Join the Conversation of Our Generation. --- Send in a voice message: https://anchor.fm/conofourgen/message Support this podcast: https://anchor.fm/conofourgen/support
Recently, I sat down with the Stained Glass Zealot to talk about the beauty of stained glass, and how it draws you in. Check out his Twitter account here or his Substack to see what he's doing to show how beautiful this art is. Mostly, we discussed the beauty of churches. But, we dove into several other topics like the Lindy Effect, Divine Light by Abbot Suger, fashion vs. eternal beauty, and much more. Listen here or subscribe below to watch the interview: The post 168. Drawn in by Beauty – Stained Glass Zealot Interview appeared first on Conversation of Our Generation.
Retainers or projects? That’s a question a lot of copywriters ask themselves when they determine what kind of business they want to build. But who says you have to choose? Our guest for the 211th episode of The Copywriter Club is Brian Speronello who’s “Barbell Strategy” takes advantage of both projects and retainers to make his business stronger and more resilient. We asked him about: • how Brian used a course to specialize and launch his copywriting business • the “try it before you buy it” approach to buying a course • a random bar encounter and the importance of taking first steps toward success • what Brian would have done differently if he had to do it all again • the tripod framework for deciding to go full-time as a freelancer • how Brian was able to test-drive working for himself while holding down a FT job • what it takes to make the leap into freelancing • what Brian’s business looks like today—it’s half of his barbell strategy • the limits of retainers and how Brian makes them work in his business • the “Landlord Retainer” model that makes sure you always get paid • the big fail Brian had when he agreed to work for royalties • the legal clause he includes in all agreements to protect himself today • our thoughts on Brian’s business model • his process for getting clients to refer additional clients to him • the investments he’s made in his business to “fill the holes” in his skillset • the part we played in getting Brian to get his program ready to launch • why he treats his own project as his fourth business client • what the Lindy Effect means for the future of copywriting This is a great interview, full of tips and lessons any copywriter can apply in their own business. To hear it, click the play button below. Or download this episode to your favorite podcast player. Better still, subscribe and never miss an episode. And if you prefer to read, scroll down for a full transcript. The people and stuff we mentioned on the show: Ramit Sethi’s Earn 1K Upwork Kim Schwalm Justin Goff Stefan Georgi Alvaro Barrios Brian's website The Script Brian Talked about Kira’s website Rob’s website The Copywriter Club Facebook Group The Copywriter Underground Full Transcript: Transcript is underway...
The “Lindy Effect”, a term coined by Benoit Mandelbrot and most recently studied by Nassim Taleb, says that the longer a concept has been around, the longer it is likely to stick around in the future. What are some Lindy ideas in Education? In this episode, we explore how education has evolved over the past…25 CENTURIES! And use the Lindy Effect to predict what educational methods are likely to stick around for the long run. Thanks for Listening!
Bert en Peet zijn op vakantie, maar toch hebben we weer een top uitzending voor jullie klaarstaan. We hebben het over de supply van Ethereum, Microstrategy die 21k Bitcoin koopt en het leugenachtige gedrag van Hoekstra. Daarnaast heeft Bert weer een leuk weetje paraat. Luisteren dus. Satoshi Radio wordt mede mogelijk gemaakt door: Anycoin direct, Bitcoin Meester, Maven 11, Watson Law, Ledger Leopard, Litebit en Blox.
Host Vance Crowe discusses Nassim Taleb's concept of the Lindy Effect, talks about books suggested by past podcast guests, and put forwards a challenge for listeners to read Dante's Inferno before the last Friday of December when he will talk about it. A link to a good translation of Dante's Inferno Dan Crowe (@HoleDeal)Lyle Benjamin (@lylebenjamin4)Suggestions by guests:David Goggins (Can't Hurt Me)Ryan Holiday (Trust Me, I'm Lying) Danny Meyer (Setting the Table)Fredrik Backman (A Man Called Ove)
The return of Paul Skallas and the death of the Lindy Effect.
Rev.com's Head of Growth has tripled the company's landing pages conversion rates across all major products. Here is how he did it... This week on The Inbound Success Podcast, Rev.com Director Growth Barron Caster talks about the company's process for conducting audience research, and how the insights gleaned from that process have enabled them to triple their landing page conversion rates. If you like detailed, actionable takeaways, this episode is for you. Barron is sharing his exact process, right down to the nine questions he has his team ask when conducting audience research interviews. This week's episode of The Inbound Success Podcast is brought to you by our sponsor, IMPACT Live, the most immersive and high energy learning experience for marketers and business leaders. IMPACT Live takes place August 6-7, 2019 in Hartford Connecticut and is headlined by Marcus Sheridan along with special guests including world-renowned Facebook marketing expert Mari Smith and Drift CEO and Co-Founder David Cancel. Inbound Success Podcast listeners can save 10% off the price of tickets with the code "SUCCESS". Click here to learn more or purchase tickets for IMPACT Live Some highlights from my conversation with Barron include: Barron runs "growthproduct" and marketing at Rev. Marketing is focused on website traffic and growthproduct is about conversion. Barron believes that the best way to improve your marketing results is to learn from your customers, so he tries to speak to at least one customer every month. In addition, the team at Rev uses Net Promoter Scores to track how their customers are feeling about the company's products. He also has a requirement that everyone on his team meet with at least two customers per quarter to conduct audience research, and they have a stipend to support that effort. To ensure that the information gathered during customer interviews is accurate, Barron has created a one-pager that details exactly what should go into it, who they should be talking to, what questions they should be asking, etc. The one pager details the nine specific questions (shared in the transcript below) that his team must ask. All of the team's audience research interviews are recorded and transcribed using Rev. There are a dozen people on Barron's growth team and they meet for a half hour every week. During this meeting, they share the findings from their audience research in a "quickfire round" format. They pull key insights from this research and use the actual words of the customer to update copy on their website and landing pages. This has resulted in a 3X improvement in the company's landing page conversion rates. Another trick that Barron uses to understand customers is listening to what they are asking on the company's website live chat. Resources from this episode: Save 10% off the price of tickets to IMPACT Live with promo code "SUCCESS" Check out the articles that Barron has published on Medium Read Barron's article on how he tripled Rev's landing page conversion rates Visit the Rev.com website Listen to the podcast to hear Barron's process for gathering audience research and using the findings to inform Rev's conversion rate optimization strategy. Transcript Kathleen Booth (Host): Welcome back to the Inbound Success Podcast. I'm your host Kathleen Booth, and this week my guest is Barron Caster who is the Director of Growth at Rev.com. Welcome, Barron. Barron Caster (Guest): Thank you so much for having me. I'm excited to be here. Barron and Kathleen hamming it up while recording this episode Kathleen: This is such a cool interview for me to do because I use your product every single week. And so for those listening who don't know what Rev.com is, Barron can give a more complete description, but I will just say I do this podcast. If you listen with any degree of regularity and if you visit my show notes, all of the show notes are transcribed using Rev. So I send Rev, through the cloud, I send my audio file, and then usually within a few hours it comes back, and it's this beautifully transcribed, written version that I don't have to do myself. So I love Rev.com, and we use it for other things too. As a team we create the SRT files, which is what we use to caption our social videos, and many other things as well. So I'm really excited to have you here for that reason. Barron: Thank you. I'm excited to be here and excited to talk about what you just did for us, which is using customers' words to inform and educate other people, and to show the value of the services you provide. So thank you for the glowing introduction. Kathleen: Oh, my pleasure. My pleasure. There's nothing better than talking about a product you actually use and love. Barron: Totally hear you. Kathleen: Speaking of which, though, I know I only use certain parts of your product. So before we dig into the actual meat of the conversation, can you just take a minute and tell the listeners a little bit more, first of all about yourself, because you have an interesting background. You've been an entrepreneur. You've been a venture capitalist. You've done a lot of different things, and so I think that's kind of interesting as far as how it influences the work you do now. And then also give us the quick spiel on Rev and all of its different products so that people listening have a sense for the full breadth of what the company does. About Rev.com and Barron Caster Barron: Cool. Thank you. Yes. I'll give a quick introduction on myself. I started with an education in mechanical engineering. I got my undergrad and master's from USC in Los Angeles. And then I promptly threw my degree to the side and became a venture capitalist looking at the wearables, healthcare, and mobile spaces. And I worked at a firm called General Catalyst, evaluated early stage investments, and realized that before I wanted to spend more time investing, I really wanted to get operational and figure out the inner workings of a great company and see what that looks like. So I joined the fastest growing company at the time. It was called Zenefits. Kathleen: We are also a customer of Zenefits. I love them. Barron: You're a customer. Rev is also a customer of Zenefits. It was the fastest company at the time to go from zero to $60 million in AR, and I was there at an incredible scaling time of the company, saw a lot of incredible things there, met tons of amazing people, and then after being there and seeing this crazy scaling period, they started to have some issues, but I saw a future for myself in product, which I was not doing at Zenefits. So then I moved to Rev, which I'd never heard of at the time, to join as a product manager. And at the time, Rev only had a few services. I joined as a product manager on our core transcription service. The one that you just talked about so gracefully. Thank you for that. And then I started our growth team. I've been at Rev now three years, and I now run all of our growthproduct, and marketing. So "growthproduct" is one word and then marketing. And growthproduct is a few product managers working on products that once people are actually on our site, convince them to use our services and marketing as all of the things that inform customers about our services. So you also think about it in terms of traffic and conversion. Marketing is the traffic and brings people awareness and educates them, and then conversion is once they're actually on Rev properties, how do we convince them to buy from us? Kathleen: Great. And one of the things I thought was so interesting about your background, and I'm kind of jealous I have to admit, is that I have always wanted to go through Brian Balfour's Reforge program. Barron: Oh yes. Kathleen: I follow him really closely online. I love every single thing he writes about growth and product market fit, and all of that. You've been through that program, so I'm kind of excited to see how that comes into the conversation, or if it does. Barron: Brian and everyone from the Reforge program are incredible. He leads the thinking in a lot of ways and has helped define what growth teams look like. I went through the program when we didn't have a growth team at Rev. I think it was a month old, and I was the first person on it working with one of our co-founders trying to figure out what should the growth team look like longer term and what should be build towards. So by looking at all the frameworks and ways it's built at different companies, that helped us inform what it should look like at Rev because growth teams are going to look totally different based on the company and the people within the company, but it's really good to talk to other people who have done it. And we do that for all of our learnings at Rev. We try to talk to industry experts and figure out how are the best people doing it. How Rev.com Conducts Audience Research Kathleen: Love it. So when you started talking about how you kind of handle marketing and you handle growthproduct and you think of traffic and conversion as those two sides of the coin, and when you and I first spoke, you talked about how a big factor that influences how you approach these things is the audience research that you do. So maybe we could just start out there and you could talk a little bit more about audience research and where that fits within your strategies. Barron: I think it should help inform almost all strategies at the company, not just on the growth team but in pretty much all the things that we do. And I think there's just a number of ways that you can do customer research. One of the best is talking to them. So, take it a step back. A lot of marketers really love... They work for companies. They know what their company offers, and they love talking about all of the things that their company does today because they know the features. They talk to the people that are building them. They hear a lot of about why they're great. But what you really need to do is get out of the building, talk to your customers and understand why are they actually using you. What value does your service provide? How do you change their lives? What do they like, not like about it. What they want to improve, to really narrow down what is special about your product and service. How are you differentiated? We do it in a number of ways. I think talking to people is always great. I try to have at least one very in-depth customer conversation a month, even though I'm not even working day-to-day on specific channels or features, just to help inform the sorts of things we're doing. And then we also have a lot of other inputs from customers, whether it be Net Promoter Score, online ratings and reviews, and reading where people are talking about you online, emails to support, talks from sales, all of these different places are ways to get as much feedback as possible to help inform what you're doing. Kathleen: And I like that you try to do it once a month. That's something that I'm kind of working on too which is when you're in marketing, you're not always in a position where you have direct customer contact, but it is so important to come up with some kind of a cadence so that you don't become so out of touch. Barron: 100%. And I've actually... on my team started creating requirements that people get out of the building, we have a stipend for it, talk to customers, meet them in person, hear about their journey, how they found out about us, what they're using us for, what they love, don't love, all those sorts of things for at least two customers per quarter. It's a requirement even though many people will never have customer interaction in their day-to-day. I think it's essential to have that empathy and understand what are we actually trying to do here. Kathleen: Oh, I love that. Let's actually get a little bit kind of down to brass tacks here. You're requiring your team to do these customer meetings or conversations. You're doing some of them. Do you have any kind of guidelines or framework that you use or that you ask them to use for those conversations so that there's some degree of consistency in the information you're getting? Barron: Yeah. I'm a huge documentation nerd across the board, so whenever I have an idea for a project or things that I want to work on, I write out a document to explain my thinking very clearly and get feedback on it. I think it's extremely important. So I have a one-pager about the homework, exactly what should go into it, who you should be talking to, what questions you should be asking, all of those kinds of things. And then everyone shares it back in their own format, and then we discuss it as a group. And I have the questions if you would like to hear them. Kathleen: Yes. Of course I would like to hear them. Rev.com's Audience Research Questions Barron: Great. I like to break it out into almost like the moment before discovery, and then questions around discovery, and then about the service itself. We have nine key questions and then a couple bonus questions, but they are how did you know that you needed a transcription service? Before Rev, were you using a different transcription service or doing it yourself? So those are kind of how did you know had a need, and what were you doing? Then how did you find Rev? How did you evaluate Rev, or which transcription service you wanted to use? Those are kind of on the once you've discovered it, how did you actually evaluate it? And then more into the use case. So what do you use Rev for? What does that process look like? How has Rev changed your life is a really interesting question because it forces them to think about the value you provide and quantify it, which can be very hard for marketers at times to figure out the specifics of value that you add to people. What is your favorite part about Rev? Least favorite part about Rev? This one is a personal favorite. How would you describe Rev to a friend? What is your service from their perspective? And then who else do you know that might benefit from using Rev? So what other use cases can they think of top of mind that would be relevant? And then my two bonus questions are what other product app services do you use and love? So you're usually talking to someone who is not like you but they use your service, so what is the typical person that uses your service? What else are they doing? What other things are they reading online? What other actions are they taking to try to see if there are any nuggets in there about other things that you could be doing to get in front of other customers and users. And then also what are your favorite newsletters, podcasts? Like what information do they consume on a regular basis? Kathleen: I love that. And I really like that you ask that question about how would you describe Rev to somebody else because what's that famous quote they say that, "your brand is what people say about you when you're not there?" Barron: Yeah, exactly. Kathleen: That's really what it is. You're finding out what your actual brand is out in the marketplace, as opposed to what you want people to think your brand is. And hopefully- Barron: I totally agree. Kathleen: ... those two things match up, but they don't always. Barron: You want them to, and then if you don't, then you can dig into why. Deriving Insights From Audience Research Barron: And then another big requirement around this homework assignment is that all of it is recorded and transcribed using Rev. So another big piece of it is dogfooding, which is another thing that marketers sometimes don't always do. They take their products at face value instead of really using it, understanding the nuances of what actually looks like for a customer to be spending money on this, and what is the value that it adds back to their life. So when I ask people what are the insights from it, they actually have to go back, read through our online, easy to use, interactive transcript viewer, and highlight things, comment, do all of those sorts of things, but it really gets them in the mindset of dogfooding and what is the user experience. How should we be talking about it? Rev's Transcription Services Kathleen: I'm going to digress for a minute because you as a company have two different transcription options. There's the one that I have always used which is $1 per minute. Really reasonably priced in my opinion, and it's very accurate, so I don't have to spend a ton of time cleaning up the transcription after I get it. But then I saw that you recently released, and I'm not sure if it's still in beta or not, a new option that is going to be 10 cents per minute. It sounds like it's AI powered, and it's a great option for people who want like really quick results. Could be a great application for which could be exactly what we're talking about right now which is audience research interviews. Can you just talk about that for a second and then we'll pick up where we left off? Barron: Definitely. Rev historically has had a lot- Rev.com has had many human services. We have human audio transcription. We have English captioning for English videos. And then we have foreign subtitles for English videos, and foreign document translation. And it's always had these human services. But over time we have served many transcription customers, and... over 100,000 transcription customers, and we have all of this information and data about accurate transcription. So we decided as a company to make an investment a few years ago in speech technology. And we said we have the world's leading English dataset around English transcription. We want to create a speech engine around this. And we have and we launched a consumer version of this under a separate beta brand called Temi.com. For a number of years it's been incredibly successful. So now we're going to put that automated service that has industry leading accuracy because we have top speech scientists working on our incredible data to make the best engine out there, and we feel like it's in such a good place that we're going to serve it on Rev.com. So we've been doing it under a separate brand name for a number of years, and we feel like it's more than ready for prime time, so we're bringing it to all of our happy Rev customers who may have always used our human services, and we feel like this will be a great option in addition to our portfolio for certain types of audio. As you were saying, you don't always need perfect transcription. For this podcast, we're going to have perfect transcription because we want to know exactly the things that were said, but in certain cases, you have tons of interviews and you really just need to know the gist of what people were talking about or pull out some key quotes here and there. And that's when the automated version is ideal. So right now it's still in early access and we're rolling it out for prime time for all new customers starting in a couple weeks. Kathleen: That's great. Barron: And we're really excited for that. And then we also serve it directly to developers through an API as well under a brand Rev.ai. Kathleen: Neat. That's going to be a game changer as far as I'm concerned because I have no problem paying $1 per minute for the podcast as you said because it's important. I'm publishing that text. And it's for a variety of reasons, for accessibility, for somebody who wants to read and not listen, it needs to be legible and accurate. But it would be cost prohibitive if I were going to use that service to transcribe every sales call my team did, every meeting we had, every audience research interview. That could get expensive. And so this makes it so... I love that it makes it so accessible and you almost don't have an excuse not to do it, right? Barron: 100%. And we at first, when we launched our own automated version, we were a little bit worried about cannibalization. We're saying, "Are we disrupting ourselves too much?" And when we started giving it to customers, we saw no, instead of switching from human to automated, there were actually just recording more and getting more things transcribed. So we saw a lot of lift instead of shift. So we're really trying to broaden the market and make transcription more accessible to a wider audience. Kathleen: Well, and I can say just... Here's a little bit of audience research for you. Again, we've used it extensively for podcast transcription. I haven't used Rev for transcribing audience research interviews. I will now. It just is... It's so simple. Not trying to do a commercial, but I do love the product, so I wanted to say that. Barron: I knew you'd turn this into a commercial. Kathleen: You guys... So you do these interviews. You have the question set. And then I think I heard you say that everyone shares the results of the interviews in their own format. But part of that format is having the actual transcription, correct? Barron: Correct. We share the transcripts and Rev invests heavily in our online transcript viewer so when you get a transcript back from us, it doesn't just come in a Word doc. It used to, and we realized that people wanted to collaborate around them, so sharing learnings around a transcript. So we invested heavily in making a very simple, easy to use but robust online editor that people can share with teammates, make comments on, highlight key things, take notes around. Almost like a Google Doc where it's like a online viewer that a lot of people can share and look at together. And that's... yeah. So everyone shares the transcript with other members of the team. How Rev's Team Uses The Insights From Audience Research In The Company's CRO Strategy Kathleen: So you're having periodic meetings. How often do those take place where you all get together and review these findings? Barron: I do quick-fire rounds so we do those like once a quarter based on recent findings, but I encourage people all the time to talk with customers, and we have a budget for that where people can go out and get them transcribed no problem. And I urge people to always share learnings in a transcript back whenever they have them, and then we have a more formal meeting around it once a quarter. Kathleen: Tell me more about what a quick-fire round is. Barron: Oh, well we have almost a dozen people on the growth team, so we have a half hour meeting every single week to talk about different key topics. So when I say quick fire it's just everyone talking for a few minutes about the key findings that they had or any interesting insights or use cases that they discovered that weren't on our radar before. Kathleen: So you're sharing all of this feedback with the team. The team's sharing it with each other. Can you talk a little bit about then how you actually incorporate this into your marketing and your CRO strategies? Barron: Definitely. Each person on the growth team is working on a different project. So for the marketing team, we're much more channel focused, so we have someone who runs our paid marketing, someone who runs content, someone who runs SEO, someone who runs influencers, and social, and PR. So whenever you hear a customer insight, people on the team try to think about, "How can I incorporate that into the things that I am working on?" And CRO at Rev lives under the product side of things, and I did CRO for my entire time at Rev. Almost my entire time at Rev. So when we were working on conversion in A/B testing, we used customers' own words to inform the tests we were doing and actually use it as our own copy. Because we believe that customers understand the value of our services a lot more than we do because they proactively sought us out, started using us, and find value to keep coming back. So they really understand what value Rev has to offer, and we want to use those insights to help inform the next batch of people that may come across us. Kathleen: So it's true like voice of the customer application, you're pulling quotes out. You're using those quotes... Or is it full quotes, or is it just instead of calling it a transcription, we call it X kind of thing? Barron: It's a combination. We have customer testimonials on our website as well, and we also have a Twitter feed that shows real tweets from customers, just more forms of social proof, so that's actually using their own words that they have written. But then we also just use it to inform the landing page copy. Like what are the types of things that customers say about us? And I could pull up an example. Let's see. Kathleen: Let's do it. Barron: On our website, Rev.com/transcription, Audio Transcription Made Simple, that's been a tagline we've had for a while. That's because all of our customers say we're so easy to use. And I manage our entire self-serve business so it's my job to make sure it stays that way, as easy to use as possible. But then under the fold, and under the main call to action, we say, "Rev's transcription service help you capture more value from your recorded audio." That came about from me from a customer interview. They said that. They said, "You helped me capture more value from all the things I'm recording." Kathleen: Great. I love it. Barron: And we used that, and now we put it smack dab on the page, and people relate to it, and they understand exactly what it means because that was a real problem that someone had. They said, "We're recording all this audio. We're not sure how to get value and insights from it." And they used us, and they said, "This is incredible. You changed the way I work," and I said, "That's amazing. Everyone needs to know that." Right? So that's one example. And then throughout the page there's other pieces that we've gotten from customers over time. Kathleen: Great. I love it. And so it sounds like the key to what's making it successful for you guys is having a very systematic approach of everyone's getting out there and doing the interviews. Everyone's having them transcribed. They're coming back. You're all sharing the learnings, and then that can easily be applied. The Results That Rev Has Seen From This Process Kathleen: Can you talk a little bit about some of the results you've seen from the experiments you've run using the voice of the customer? Barron: Yes, I can. And I read a post about this on Medium as well, but in using customers' own words we have managed to triple the... landing-page-to-paid conversion rate for three of our services. So for the audio transcription, our main service on mobile, we managed to triple the conversion rate, so that means tripling the effectiveness of your ads because you're paying for every time someone comes to your page and you want each of them to convert. So we've done it for our main transcription service. We did it for our automated transcription service. And we did it for another Rev side project that we ended up actually shuttering a year ago because Rev always tries new ideas and businesses, and we experimented with one that ended up not working, but it wasn't because of our acquisition. It was because of other issues with the business. Kathleen: Wow. That tripling of the conversion rate, is that kind of an average across the board, or... and are there some pages that have had amazing results and some that are smaller? Or is it usually quite a big impact that those kinds of experiments have? Barron: We experiment on our main service landing pages. We spend a lot of time and energy getting people to understand what the service is and what value it provides. I will also say it's easier to test on your highest volume pages because you have more data to make more informed decisions. And you have more customers that you can talk to and learn from as well. So most of our work usually starts on our highest volume services, and then we transfer those learnings to lower volume services as well. The lion's share of my work has been on our transcription businesses because those are Rev's most mature businesses. How The Rev Team Conducts CRO Tests Kathleen: And can you just talk me through how you manage those experiments? Are you starting with a hypothesis and just choosing one variable at a time like classic A/B testing, and how long do you let the experiments run? Is there a defined time period or does it just depend on volume of sessions to the page? Barron: Those are both great questions. So the first question was how do you run experiments, and it's very hypothesis driven, but I would say you can't start with a hypothesis. You have to start with learning that helps inform what your hypothesis should be. Right? So for our website, we realized that... I watched a lot of user sessions. I talked to people. And I realized they weren't actually reading the words on the page. We had so much copy on our website... this is two and a half years ago, and people just weren't reading it. We had all the information there; it just wasn't packaged in a way that people could digest. So we made it a lot more digestible, and we saw that it was working. But the hypothesis was people aren't actually reading even though the content is there. We need to make it better. So I'd say start with learning that will help you develop your hypothesis. And then in terms of how we test, yeah. Sometimes we'll package a couple ideas together into one bigger test, but it will always be testing a singular hypothesis because if you just make a bunch of changes that you're not sure will be beneficial, you could end up hurting things and you wouldn't know. Another thing is once you have a certain number of... Actually, I'll say really quickly that Andy Johns who is a venture capitalist at Unusual Ventures, and he was a founding member of the growth team at Facebook. He's worked at Twitter as well, I believe, Quora and Wealthfront. At Wealthfront, I believe, he was the VP of Product and Growth, and now he's a venture capitalist. He has a great framework for thinking about experimentation as a size of the company and your maturity level. When you are a small business you don't have a lot of data so you have to spend tons of time and energy working around crafting the hypothesis the right way. Is this the right way to test it? Being very, very thoughtful around each test because you don't have enough data to move quickly with. So you have to be very, very thoughtful before putting it live. And on the opposite end of the spectrum, you have people that have tons of data such as a Facebook or a Pinterest, and they are well known, their growth teams, for testing so many things as quickly as possible. Because they have all the data in the world, so they can run an A/B test statistical significance- Kathleen: In like hours. Barron: ... in minutes. I think faster than hours at times. They just... So they test as many things as possible because they have almost unlimited data. Whereas a lot of people listening to this podcast are probably trying to figure out how do I make the most with what I have? And it's around being incredibly thoughtful for how you do things. And then you asked how long you test for. We've had A/B tests... So it's always important to set like a minimum bar before starting the test because once you launch a test, emotion will come into it and it looks like something's really hot out of the gate, you said, "Let's call it right now. This is amazing." And then things normalize. So I've gotten really, really good over time in not checking results early because although it's tempting, it can definitely skew your emotion and your emotional state. Kathleen: It's like confirmation bias too sometimes when you see- Barron: Yeah. Exactly. So setting a baseline is good, and there's a lot of articles out there about statistical significance and the sort of time you should wait, but we did it anywhere up to months for statistical significance on key changes because data was limited on certain services, or certain pieces of the funnel. Kathleen: And I was reading the article that you wrote on Medium where you talked about this, and one of the things I thought was interesting, we spent a lot of time talking about customer interviews and audience research, but I thought it was really interesting that you also look at chats, for example, on the site. I think you guys use Intercom. Is that right? Barron: Yeah. Not only do we look at chats, I ran Intercom for months on the site myself so that I could fully understand what questions customers are having and what they wanted to see. By seeing the high volume of people in real time through whatever chat widget is hot these days, whether it be Intercom, Drift, Zendesk, there's a number out there, but getting in touch real time with your customers when they're making buying decisions is hugely important. So yes, we have a number of ways we're learning from customers, and another very popular tool, and I have another article about different tools out there, but full story, in session viewing, and I know there's tools like Hotjar are out there that do the same thing, but seeing how people are interacting with your site is extremely powerful because you can user test all day long and it will not give you real data what customers are doing. Seeing it live is almost magical. It's really cool, and it will help you be a lot smarter about your decisions. Kathleen: We use Lucky Orange for the same thing and it's amazing how it also can help you find bugs on your website that you would not have ever realized existed. We found this weird bug on mobile that was just on like iOS tablet versions X, Y, and Z, and it was because we were seeing, we saw a really strange change in the time on page and the bounce rate for that very specific device and started going into Lucky Orange and looking at user sessions for people using that device, and I was like, "Of course. There's a pop-up that's messing things up." And it's just amazing what you can learn the more you dig. But it is a- Barron: That is spectacular. Kathleen: It's a rabbit hole though. It's a deep one. Barron: I love that. The only other source that I'd say is... sources that are amazing are your support and your sales team. Your support team knows what the biggest customer issues are because they talk to them all the time, and sales is trying to convince people to use your products so they know what the biggest questions are from people when evaluating. And to help inform that, I've done rotations on both of those teams in the past. If your company would allow that, I highly suggest it because it just helps you understand what the problems are a lot better. Kathleen: Amen. I was on our sales team for six months before I took on this role as head of marketing, and it was hugely valuable. And we record all of our sales calls, so I still think listening to those is so important. Barron: Amazing. Yes. And getting them transcribed so you can read them easier. Kathleen: Exactly. Using the new 10 cents per minute tool. No, this is great. You have so many good articles on Medium. I'm probably going to put a few of those links in the show notes, so if you're listening and you want to see more of what Barron has written, check out the show notes for sure. And you are @BarronCaster on Medium. I'll put that link in as well. Barron: Thank you. Kathleen's Two Questions Kathleen: And a couple questions for you that I ask all of my guests. I'm curious what you're going to have to say. First one is when it comes to inbound marketing, which is really what this podcast is about, is there a particular company or individual that you think is really killing it right now? Barron: Yes. There are many people I think that are killing it. Kathleen: You can give me multiple names. That's fine too. Barron: I will. How deep do you want me to go on how I think they're killing it? Kathleen: Oh. Fire away. I'll stop you- Barron: Great. I think- Kathleen: ... if I need to. Barron: Okay. I think the first name that comes to mind is Neil Patel. I think he's done a great job of building an incredible content library that is extremely extensive, and he touches people on all different sorts of mediums. He's active across all social channels, and he's built up a personal brand that is extremely strong. And what he's done more recently in the past couple years is layer on tons of free tools that incentivize people to come to his domain to evaluate their website, and see what their SEO is, or look for keyword ideas through his Ubersuggest tool. And I know he's focused on acquiring these different tools to help bolster his audience and provide value to people. So he always leads with value which I think is incredibly important. So as an individual who is a brand, he stands out amongst the crowd to me. And then another company that I think is doing really well, is this company called Animalz which is a B2B, content marketing agency that I love and I've been in touch with recently because I subscribe to their newsletter and all their content was incredibly thoughtful and informative around content marketing. So I could tell they did an incredible job because I loved reading and opening their newsletter, and it led me to reach out to them about their business. So because I'm a converted customer, I am a huge fan of the work that they've done in being able to show their value to me. And then- Kathleen: And that's Animalz with a Z, right? Barron: Animalz, yeah. Animalz with a Z. And then the last company that I'm not a customer of but I really like what they're doing is G2 Crowd. Ryan Bonnici over there who used to be at HubSpot has created a content engine that is unparalleled, I think. And they're just producing a high volume of high quality content, which is very difficult to do, and I know they're investing heavily in doing that. Kathleen: Ryan's been a guest on the podcast. Yeah, he's a really smart guy. And you're the second person to mention Animalz, so I'm going to have to reach out to somebody there and get them to come on now, because that's- Barron: If you talk to Jimmy, he's great. Kathleen: Jimmy, I'm coming for you. Barron: Great. And what they do is they... Most agencies will shop out a lot of their work to other freelancers, and they believe in value and quality so hugely that they only have in-house writers. They only staff in-house people, which is difficult to do as a large agency, but it helps you keep quality consistent across the board. Kathleen: Interesting. Well, those are great examples for anyone who wants to check them out. Again, links will be in the show notes. Second question is with digital marketing changing so quickly, how do you stay up to date? What are your personal kind of go-to sources for great information? Barron: This is an amazing question. My first answer is that you shouldn't be looking for the latest developments. You should start by going back to the classics of marketing because a lot of the classic principles don't change. It's more of the mechanics that change. So like the people I love and refer to commonly are Claude Hopkins, David Ogilvy, like Robert Cialdini. These like great marketing minds and advertising minds where the principles last forever. Like I created a robust A/B testing program at Rev, and then I read Claude Hopkins, Scientific Advertising, which was written 100 years ago, and he had all the same principles. I was like, "Oh my God. I would have saved so much time by visiting this first." When before I had been reading all the blogs and trying to figure out what the best tech companies were doing. A lot of the principles are the same. It's more of how you actually bring them to market that's changing. And for that, I really loved Drift as a brand because I think that David Gerhardt, who runs a lot of their marketing over there, subscribes to the same philosophy. He constantly revisits the classics and then figures out how does that work in today's modern world, but he starts with principles. And I think the principles are extremely important. And then my last favorite, more general growth newsletter that touches across product development, entrepreneurship, marketing, and growth, is Hiten Shah who's actually related to Neil Patel, and he has a just incredible newsletter that's very informative, and he does deep dives on businesses and their go-to-market that will help inform you about how great brands that you know today actually made it, and the evolution that they went through over time. Kathleen: I love it. So many good suggestions. Lots of reading ahead. Barron: I don't mean to overwhelm, but- Kathleen: No, this is great. I think- Barron: ... if you have limited time, start with the old stuff and then work your way forward. I'm also a big fan of Nassim Taleb and Antifragile as a book, and he has this thing he calls the Lindy Effect. The longer something has been in existence, the more likely it is to exist for a long period of time. So these older principles still hold true in today's modern world. Kathleen: I can't wait to check some of those out. One thing I've noticed from doing so many interviews with different marketers is the best marketers are just these voracious learners. They're always wanting to find something more to educate themselves with. So lots of recommendations. If you're listening, go get all the books. How To Connect With Barron Kathleen: Barron, if somebody wants to learn more about you, or has a question, or wants to learn more about Rev, what's the best way for them to get in touch or find you online? Barron: You can check out my Medium that you will post later which is great. You can send me an email directly. It's my name barron@rev.com. Please reach out if you have any questions about anything, or if you have ideas of articles that you want me to write, I would love to hear that as well. I'm always looking for ideas on things that people are curious about so I can answer a question for a lot of people. You Know What To Do Next... Kathleen: Love it. All right. Well, thank you so much. If you're listening and you learned something new, which I'm pretty sure you did because I feel like there's a lot of good stuff in this one, I would of course love it if you would leave a five star review on Apple Podcasts or the platform of your choice. And if you know somebody else who'd doing kick-ass inbound marketing work, Tweet me @WorkMommyWork because they could be my next interview. Thanks, Barron. Barron: Thank you so much, Kathleen. This has been incredible.
Today we had superstar VC, Rory Stirling (of Connect VC) and superstar founder, Nicholas Oliver from people.io. We go beyond the fundraising cliches and unearth the real capital raising truths. Enormous fun & LOTS & LOTS of learnings. 0 - 3.36 Mindless chittering 3.36 - 15m Intros - who is Rory, what is Connect VC, who is Nic, what is People.io 15m - 30m Expected Return & why VCs don’t invest in the things they should 30m - 40m —> avoiding the sanctimony of hindsight bias 40m-43.30 —> employees & the importance of founder humility 43.30-52.30m -> founder-investor communication & board meets: the truth 52.30 - 1.03m —> David rambles incoherently about Lorenz Differential Equations 1.03-1.13m —> Rory & Nic talk about founder burnout, decision fatigue and support (At 1.11m Rory mentions the Pledge To Founders, it is here: https://www.atlasq.com/journal/pledgetofounders) 1.13m - change of gear - more active pieces of advice: 1.14m — fundraising is your job, get on with it 1.19m - Founder make your decision on an investor very early 1.21m - No VC signs an NDA 1.25m - know the VC, but - do VCs know the difficulty of knowing VC? 1.32m GET THE MONEY IN THE BANK 1.33m - should we expect a better VC process? Or is that naive? 1.46m - show compassion for VCs too! 1.49m - how to connect VCs including Lindy, availability heuristic and momentum 1.59m wrap and final thoughts Rory -> https://twitter.com/rorystirling Connect—> http://connectventures.co/#team Nic —> http://www.nicholasoliver.co.uk/ people.io https://people.io/ What is expected return: https://www.investopedia.com/terms/e/expectedreturn.asp Hindsight bias: https://examples.yourdictionary.com/examples-of-hindsight-bias.html Pledge to founders: https://www.atlasq.com/journal/pledgetofounders Lorenz Differential Equations: https://en.wikipedia.org/wiki/Lorenz_system 1.21m: https://www.entrepreneur.com/article/245023 1.42m -Marcus Aurelius: https://www.brainyquote.com/authors/marcus_aurelius 1.49m Lindy Effect https://en.wikipedia.org/wiki/Lindy_effect Momentum begets Momentum: https://i.pinimg.com/474x/77/be/c2/77bec269ead3b07bbf9015684507a518.jpg Availability Heuristic: https://en.wikipedia.org/wiki/Availability_heuristic
Dom DeLuise, celebrity fat man (and five of clubs), has been implicated in the following unseemly acts in my mind’s eye: He has hocked a fat globule of spittle (nine of clubs) on Albert Einstein’s thick white mane (three of diamonds) and delivered a devastating karate kick (five of spades) to the groin of Pope Benedict XVI (six of diamonds). Michael Jackson (king of hearts) has engaged in behavior bizarre even for him. He has defecated (two of clubs) on a salmon burger (king of clubs) and captured his flatulence (queen of clubs) in a balloon (six of spades). Rhea Perlman, diminutive Cheers bartendress (and queen of spades), has been caught cavorting with the seven-foot-seven Sudanese basketball star Manute Bol (seven of clubs) in a highly explicit (and in this case, anatomically improbable) two-digit act of congress (three of clubs). In this episode of Made You Think, Neil and Nat discuss Moonwalking with Einstein by Joshua Foer. It is a fun book episode about how Joshua Foer came from nowhere to win the US memory championship with the challenge and coaching of Ed Cook. In the book Josh shows how to train our brain memory “muscle” and remember everything. We cover a wide range of topics, including: Why and how poetry, religion, and epics are interconnected because of memory Mnemonic techniques to remember numbers, names, cards, everything How to hack our brain to “live longer” Incredible memory stats How to impress your crush and make your dates memorable And much more. Please enjoy, and be sure to grab a copy of Moonwalking with Einstein by Joshua Foer! If you enjoyed this episode, be sure to check out our fun episodes on Emergency by Neil Strauss, a book for preppers, as well as our recent episode on How to Lie with Statistics by Darrell Huff, a short an easy book that shows how media can be manipulated. Be sure to join our mailing list to find out about what books are coming up, giveaways we're running, special events, and more. Links from the Episode Mentioned in the show How to win the U.S. memory championship [3:12] The Google Effect [8:40] Playstation [15:09] Twitter [19:35] LinkedIn [19:35] Pearl Harbor [21:35] 9/11 [21:36] Anki [26:34] Lindy Effect [29:10] Nat's book notes and Brain [48:49] Evernote [53:00] World Memory Records [59:17] Memrise [1:01:11] Ed Cook on Tim Ferriss Podcast [1:02:11] Duolingo [1:02:58] CMU [1:04:22] Fight Through the Suck – Justin Mares [1:07:28] 10000 Hour Rule on Google [1:12:15] The World Memory Championships [1:17:03] Joshua Foer TED talk [1:17:32] 21 (film) [1:18:04] Books mentioned Moonwalking with Einstein by Joshua Foer Atlas Shrugged by Ayn Rand [1:50] (Nat’s notes) (book episode) Homo Deus by Yuval Harari [1:52] (Nat’s notes) (book episode) Sapiens by Yuval Noah Harari [1:52] (Nat’s notes) (book episode part 1 & part 2) Gödel, Escher, Bach by Douglas R. Hofstadter [2:21] (Nat’s notes) (book episode) Emergency [2:32] (Nat’s notes) (book episode) Amusing Ourselves to Death by Neil Postman [6:11] (Nat’s notes) (book episode) The Torah [11:00] The Quran [11:00] The Tower – Hotel Concierge [31:16] (article episode) Essays by Montaigne [47:27] 12 Rules for Life by Dr. Jordan B. Peterson [50:15] (Nat’s notes) (Neil’s notes) (book episode) Way of Zen by Alan Watts [50:16] (Nat’s notes) (Neil’s notes) (book episode) Skin in the Game by Nassim Taleb [50:17] (Nat’s notes) (Neil’s notes) (book episode) The Elephant in the Brain by Kevin Simler and Robin Hanson [50:18] (Neil’s notes) The 4 Hour Chef by Tim Ferriss [1:02:34] Outliers by Malcolm Gladwell [1:03:48] Peak by Anders Ericsson [1:03:56] Remember, Remember by Ed Cooke [1:15:52] The Memory Book by Harry Lorayne [1:16:32] People mentioned Joshua Foer Albert Einstein Ed Cook [3:40] Homer [5:36] Plato [5:50] Simba [16:13] Mufasa [16:33] Adil Majid [17:55] (Crypto episode) Sigmund Freud [18:20] Pepper the Poochon [23:06] Montaigne [47:12] Tiago Forte [51:46] Cicero [53:56] Frank Sinatra [56:26] David Beckham [56:32] Superman [56:37] Alex Mullan memory grandmaster [59:43] Tim Ferriss [1:02:11] Anders Ericsson [1:03:41] Malcolm Gladwell [1:03:48] James Franco 1:18:17 Michael Serrick 1:18:24 Show Topics 3:12 – Extreme memory is not innate, comes from training. Until books became affordable, there were no easy means to record and keep information. We had to use our brains and information was passed down orally. There is no need of crazy photographic memory or some innate ability, but just training the "muscle". 7:50 – How many phone numbers do you remember? If you don't have to struggle to remember it, you'll not remember it. For efficiency your body doesn't want to do anything more than needed. Poetry and religion and epics are connected to memory training. 11:20 – The story of how Josh learnt the techniques of extreme memory. First technique: remembering names. Associating name sounds with a vivid image. Remembering not westernized names. What names can you remember with these images? Nailing down in front of a Playstation. A lion's son being chased by an gnat. A wizard dealing cards to Freud. When introducing someone to your friends, name your friends a lot so the new comer can remember their names. 19:04 – Practicing these techniques on Twitter or LinkedIn. Challenges in the competition. Remembering participants' attributes in a fake dinner, cards, string of numbers, and a poem. 20:33 – Second technique. Chunking. Remembering in chunks is easier than in smaller bits. In reduces the pieces of information. Example: string of 12 numbers chunked into the two big surprise attacks on American soil. Combining large chunks numbers into bigger images. Keeping the order of numbers by keeping a path to your memory palace. 25:41 – The time you need to dedicate each day is pretty small compared to its ROI. Remembering cards by associating 3 of each each time. These tactics were used for a long long time, even thousands of years ago. The importance of context. A big part of why this works is because we are good at remembering things in context but not when it's random information. Chessmasters examples. 31:03 – Increased perceived longevity. Nuances and quantity of experiences increases perceptual time. Life seems to speed up as we get older just because life gets less memorable, more repetitive. Monotony collapses time and novelty unfolds it. Downside of the idea of flow. Time experience is based on what we can remember. 37:15 – Tips to make a date memorable. Tips for planning parties. Plan 3 phases of a party, for example move the party in different rooms, different drinks, and change activities. It will feel like a longer party even if it took the same amount of time. It's kind of narrative fallacy used to our advantage. 41:05 – Memory images. Creating images for everything. Our brain prefers visual information and novelty. Collect numbers wandering in your house. The funnier, the looter, the more bizarre images, the better. Our brain takes 20% of our energy consumption. We forget dreams because our brain thinks it's junk data. 44:26 – Make images dirty and sexual. Use multiple senses too. Include smells, feelings, multi-sensory experiences. How we can remember songs even if we don't listen them for 10 years. Write your feelings and thoughts at the end of each book you read. Very useful if you are getting into speed reading or want to remember what the book was about, snippents will give you cues to remember it. Nat's book notes are efficient to remember core parts of a book. Neil's tactic to give attention to books’ concepts. 50:53 – Repetition. Nat's 3 layers strategy: pull out all important sections, bold important parts of sections, then highlight the most important part of the bolded part. Layer 4: adding a summary. 53:02 – The Method of Loci. Using memory images based on your environment. If you have to remember a speech, visualize the points you want to talk about at specific places. You can remember your speech by looking at specific parts of the auditorium or walking through the stage. Useful to remember dance movements. Advantages of the memory palace vs the Loci method. 55:59 – Remembering numbers. The PAO system: Person, Action, Object. First, associate an image to numbers going from 0 to 99. Remembering a 6 digit number can be done mixing the person of the first pair of digits, with the action of the second, and object of the third. 1:01:00 – Tangents. Memory training companies. 1:03:20 – Learning advice. How to get further the OK plateau. Experiments on memorizing. How the early University experiments on memory looked like. Reaching the peak of memory training is not about the hours put in, but the quality of those hours. During the first phase, known as the “cognitive stage,” you’re intellectualizing the task and discovering new strategies to accomplish it more proficiently. During the second “associative stage,” you’re concentrating less, making fewer major errors, and generally becoming more efficient. Finally you reach what Fitts called the “autonomous stage,” when you figure that you’ve gotten as good as you need to get at the task and you’re basically running on autopilot. You could call it the “OK plateau”, the point at which you decide you’re OK with how good you are at something, turn on autopilot, and stop improving. Breaking up the OK plateau. When you deliberately want to get better at something, you may get initially worse. Sometimes you need to go down to get at a higher point later. It's not enjoyable in the short term. You have to deliberately make yourself uncomfortable to break the plateau. Changing variables to find where the weaknesses are. The 10.000 hours rule. 1:14:18 – Other books and resources about memory training. 1:18:48 – Get the story part reading the book! If you want to listen the bonus material, get the book note we use for the show, go to our Patreon page. There you can comment about the book too after they come out. You can also join our monthly hangout. On our first hangout we have a very interesting conversation for an hour and a half. You can support the show in additional ways buying stuff on our Support page. Also, very important, tell your friends and help spread the show through word of mouth. Leave reviews on iTunes. Or leave Amazon book reviews ;) Find us on Twitter @Neil Soni (@TheRealNeilS) and @Nat Eliason (@nateliason). If you enjoyed this episode, don’t forget to subscribe at https://madeyouthinkpodcast.com
On this edition of the BitcoinNews.com radio show we discuss a luxury car dealership which is now accepting Bitcoin, the Lindy Effect, AsicBoost which increases Bitcoin mining profitability by 20%, the CNBC Reverse Indicator, and our exclusive interview with the RockItCoin Bitcoin ATM Co-Founder. --- Support this podcast: https://anchor.fm/bitcoinnewscom/support
Jimmy Song is a Bitcoin Core Contributor and former VP of Engineering for Armory. He caught the Bitcoin bug back in 2011 and started contributing to Bitcoin open source projects since 2013. He’s a contributor to CoinDesk and has a popular Bitcoin blog. He’s been teaching blockchain to engineers for over 3 years. Jimmy graduated from the University of Michigan with a Bachelors of Science in Mathematics.Seminar: http://programmingblockchain.com/ Newsletter: http://eepurl.com/cZr_Aj Medium: https://medium.com/@jimmysong Twitter: https://twitter.com/jimmysong Github: https://github.com/jimmysongFollow the best podcasts from the best minds in the Bitcoin and Cryptocurrency space on twitter.https://twitter.com/bitcoinpodcasts
Last month the NBT team had a rare live meet-up at the Ancestral Health Symposium in Bozeman, Montana. While there, we had a chance to see many of our previous podcasts guests in person presenting their latest work. For this podcast, we passed the microphone around and shared our impressions of some of the talks we’d seen. Along the way, we covered all kind of topics, ranging from the performance benefits of caffeine to setting up an ice bath at home. Dr. Tommy Wood shared highlights from his AHS presentation, “The Athlete’s Gut,” explaining why 70% of endurance athletes have a gut problem. We also caught up with friends from Virta Health, who are on a mission to reverse Type 2 Diabetes in 100 Million People. Here’s the outline of this conversation with Tommy, Megan, Clay, Zach, Josh, and Doug: [00:00:08] Ancestral Health Symposium 2018. [00:00:24] Swiss Water Decaf. [00:01:34] Association of coffee drinking with all-cause mortality; Studies: Loftfield, Erikka, et al. "Association of Coffee Drinking With Mortality by Genetic Variation in Caffeine Metabolism: Findings From the UK Biobank." JAMA internal medicine 178.8 (2018): 1086-1097. [00:02:55] Caffeine for improved performance; Studies: Astorino, Todd A., and Daniel W. Roberson. "Efficacy of acute caffeine ingestion for short-term high-intensity exercise performance: a systematic review." The Journal of Strength & Conditioning Research 24.1 (2010): 257-265; and Ganio, Matthew S., et al. "Effect of caffeine on sport-specific endurance performance: a systematic review." The Journal of Strength & Conditioning Research 23.1 (2009): 315-324. [00:03:09] Effect of CYP1A2 gene + caffeine; Studies: Guest, Nanci, et al. "Caffeine, CYP1A2 Genotype, and Endurance Performance in Athletes." Medicine and science in sports and exercise 50.8 (2018): 1570-1578; and Rahimi, Rahman. "The effect of CYP1A2 genotype on the ergogenic properties of caffeine during resistance exercise: a randomized, double-blind, placebo-controlled, crossover study." Irish Journal of Medical Science (1971-) (2018): 1-9. [00:03:39] Caffeine gene: CYP1A2; marker (SNP): rs762551; Click here to check your 23andMe results. AA: faster metabolizer of caffeine; AC: medium metabolizer; CC: slower metabolizer. [00:03:56] Podcast: How to Drop Your Cholesterol, with Dave Feldman. [00:04:23] Lean Mass Hyper-responders. [00:05:35] Podcast: Why Cholesterol Levels Have No Effect on Cardiovascular Disease (And Things to Think about Instead), with Dr. Malcolm Kendrick. [00:08:06] Inversion pattern. [00:10:56] Podcast: How Not to Die of Cardiovascular Disease, with Ivor Cummins. [00:11:14] Book: Eat Rich, Live Long: Mastering the Low-Carb & Keto Spectrum for Weight Loss and Great Health, by Ivor Cummins. [00:11:19] Podcast: The True Root Causes of Cardiovascular Disease, with Dr. Jeffry Gerber. [00:11:42] Peter Attia. [00:12:05] Dr. Tim Gerstmar Podcasts: How to Test and Predict Blood, Urine and Stool for Health, Longevity and Performance and Methylation and Environmental Pollutants. [00:12:15] AHS 2014 Talk: Methylation: How 1 Carbon Affects Your Brain, Your DNA and Everything - Tim Gerstmar, N.D. [00:13:06] Book: Antifragile; Nassim Taleb’s Lindy Effect. [00:14:22] Autoimmune Protocol (AIP) diet [00:17:48] Podcast: Optimal Diet and Movement for Healthspan, Amplified Intelligence and More, with Dr. Ken Ford. [00:17:55] Study: Fain, Elizabeth, and Cara Weatherford. "Comparative study of millennials' (age 20-34 years) grip and lateral pinch with the norms." Journal of Hand Therapy 29.4 (2016): 483-488. [00:19:01] Lucy Mailing. [00:19:54] Lactobacillus reuteri. [00:21:24] Age-related macular degeneration. [00:23:06] Podcast: How to Avoid Kidney Stones with Dr Lynda Frassetto. [00:15:30] Podcast: How to Have a Healthy Gut, with Dr. Michael Ruscio. [00:24:47] Podcast: Getting Stronger, with Todd Becker; hormesis. [00:25:36] Getting Stronger blog. [00:25:51] XPT Life. [00:27:18] Setting up a chest freezer cold bath. [00:29:07] Laird Hamilton and Gabby Reece. [00:31:12] Podcast: NBT People: Clay Higgins. [00:31:23] Podcast: How Oxidative Stress Impacts Performance and Healthspan. [00:31:46] Dr. Josh Turknett, Ancestral Health Symposium 2014 talk: Migraine as the Hypothalamic Distress Signal. [00:32:37] Mymigrainemiracle.com. [00:36:54] Strategy for avoiding migraines. [00:40:37] Book: The Migraine Miracle; mymigrainemiracle.com; Facebook group; The Miracle Moment Podcast, membership community. [00:41:54] Keto Blast. [00:42:49] Tommy's AHS 2018 talk: The Athlete's Gut. [00:45:47] Hadza studies: 1. Raichlen, David A., et al. "Physical activity patterns and biomarkers of cardiovascular disease risk in hunter‐gatherers." American Journal of Human Biology 29.2 (2017): e22919; 2. Pontzer, Herman, et al. "Energy expenditure and activity among Hadza hunter‐gatherers." American Journal of Human Biology 27.5 (2015): 628-637. [00:48:31] Effect of intense exercise on the gut; Study: van Wijck, Kim, et al. "Physiology and pathophysiology of splanchnic hypoperfusion and intestinal injury during exercise: strategies for evaluation and prevention." American journal of physiology-gastrointestinal and liver physiology 303.2 (2012): G155-G168. [00:49:32] Paula Radcliffe. [0:49:59] Fueling for endurance events. [00:51:15] Protein intake after workouts; Study: Aragon, Alan Albert, and Brad Jon Schoenfeld. "Nutrient timing revisited: is there a post-exercise anabolic window?." Journal of the international society of sports nutrition 10.1 (2013): 5. [00:54:13] Exercise for health and longevity. [00:55:12] Polarized training; MAF pace, sprints. [00:56:53] Undereating; ancestral athletes. [00:59:30] Adding carbs back in. [01:01:09] Gut dysbiosis and pathogens. [01:02:02] Parasites on lettuce: Chierico, Del. "Detection and prevalence of protozoan parasites in ready-to-eat packaged salads on sale in Italy." Food microbiology (2017). [01:02:13] Sebastian Winter. [01:05:36] Gut microbiota of cyclists; Study: Petersen, Lauren M., et al. "Community characteristics of the gut microbiomes of competitive cyclists." Microbiome 5.1 (2017): 98. [01:05:48] Lauren Petersen Podcasts: The Athlete Microbiome Project: The Search for the Golden Microbiome and An Update on The Athlete Microbiome Project. [01:05:52] Methane dominant SIBO; Methanobrevibacter smithii. [01:07:02] Book: The Brave Athlete: Calm the F*ck Down and Rise to the Occasion, by Simon Marshall and Lesley Paterson (audible version here). [01:07:56] Podcast: How Busy Realtors Can Avoid Anxiety and Depression Without Prescriptions or the Help of a Doctor, with Doug Hilbert. [01:08:01] Podcast: How to Reverse Insulin Resistant Type Two Diabetes in 100 Million People in Less Than 10 Years with Jim McCarter. [01:10:11] Virta Health. [1:20:04] Pain as motivation to change. [01:24:00] www.virtahealth.com. Apply to Virta Health.
“It is inevitable that we face problems but no particular problem is inevitable we survive and thrive by solving each problem as it comes up, and since the human ability to transform nature is limited only by the laws of physics none of the endless stream of problems will ever constitute an impassable barrier” In this episode of Made You Think, Neil and Nat discuss The Beginning of Infinity by David Deutsch. It’s a playful, meandering book on explanations that transform the world, covering evolution, physics, philosophy, politics, ecology, money, memetics, epistemology, history. It ties everything to the central idea that with enough knowledge anything possible, is achievable. “Every putative physical transformation to be performed in a given time with given resources or under any other conditions is either impossible because it is forbidden by the laws of nature or achievable given the right knowledge.” We cover a wide range of topics, including: Wrapping our brains around the concepts of advanced topics like infinity Thinking of problems as a gap in our knowledge that can be solved The repeating cycle of problem > solution > new problem Tangents on Aquatic Apes, Egyptology and Sphinxes Universality of systems Optimistic vs Pessimistic view points And so much more! Please enjoy, and be sure to grab a copy of The Beginning of Infinity by David Deutsch. If you enjoyed this episode, be sure to check out our episode on Godel, Escher, Bach by Douglas Hofstadter for a similar kind of book covering a wide range of topics. Also our episode on Leverage Points by Donella Meadows for how we should approach complex systems. Be sure to join our mailing list to find out about what books are coming up, giveaways we’re running, special events, and more. Links from the Episode Mentioned in the show Lindy Effect [3:20] Multiverse Concept [5:03] Quantum Entanglement [5:05] Theory of relativity [5:13] Infinity [5:25] Cholera [8:17] Empiricism [11:38] Fallibilism [15:02] The Mediocrity Principle [18:50] Anthropocentrism [19:00] Geocentrism [19:38] Garden of Eden [20:35] Rare Earth Hypothesis [20:40] Anthropomorphism [22:20] Quantum Theory [26:22] Aquatic Apes [30:43] Darwin’s Dangerous Idea [31:32] Confirmation Bias [31:50] Universality [33:22] Roman Numerals [33:30] Hieroglyphics [35:42] Reductionism [39:50] Lady Lovelace’s Objection [42:00] Chinese Room [48:00] Turing Test [48:02] DARPA [48:15] Netflix - Eddie Murphy Shows [50:55] Chris Rock - Controversial stand up [51:25] Chris Rock - Gun Control stand up [51:50] AlphaGo [52:43] MadeYouThink Podcast - Patreon Support [54:10] Death of the Universe [56:10] DMT [59:30] Neuralink [59:47] Neural lace [59:48] Malthus [1:01:04] X Prize [1:07:50] The Jungle - Characters [1:08:35] Sphinx [1:10:17] Joe Rogan Experience Podcast - Sphinx Episode [1:10:17] Semmelweis Reflex [1:15:30] Kevin Simler - Crony Belief [1:20:25] The China Study [1:23:30] Dos Toros [1:27:05] Toms Shoes [1:28:52] Postmodernism [1:29:30] XKCD Comic - Purity of Fields [1:34:01] Books mentioned The Beginning of Infinity by David Deutsch Gödel, Escher, Bach by Douglas R. Hofstadter [1:22] (Nat’s notes) (book episode) The Jungle by Upton Sinclair [3:36] (Nat’s notes) Atlas Shrugged by Ayn Rand [3:39] (Nat’s notes) (book episode) Darwin’s Dangerous Idea by Daniel Dennett [3:56] (book episode) The Denial of Death [8:55] (Nat’s notes) (book episode) The Rational Optimist by Matt Ridley [9:44] I Am A Strange Loop - Douglas Hofstadter [17:20] (Podcast Episode) Rare Earth by Donald Brownlee [20:25] Sapiens by Yuval Noah Harari [24:23] (Nat’s notes) (book episode part 1 & part 2) The Secret by Rhonda Byrne [25:56] The Nicomachean Ethics by Aristotle [39:40] Skin in the Game by Nassim Taleb [41:55] (Nat’s notes) (Neil’s notes) (book episode) Homo Deus by Yuval Harari [43:45] (Nat’s notes) (book episode) The Elephant in the Brain by Kevin Simler and Robin Hanson [43:50] The Jungle by Upton Sinclair [1:08:41] (Nat’s notes) Leverage Points by Donella Meadows [1:29:20] (article episode) Discipline and Punish by Michel Foucault [1:30:10] (Nat’s notes) (book episode) Merchants of Doubt by Naomi Oreskes and Erik M. Conway [1:33:05] (Nat’s notes) (book episode) The Selfish Gene by Richard Dawkins [1:45:40] People mentioned David Deutsch Daniel Dennett [1:45] (Darwin’s episode) Flatgeologist [3:00] Nassim Nicholas Taleb [2:50] (Antifragile episode) (Skin in the Game episode) Seneca [8:40] Matt Ridley [9:33] Nicolas Cage [13:43] Socrates [16:55] [1:09:00] Hermes [16:56] Jordan Peterson [21:29] Richard Dawkins [23:35] John Haldane [23:36] Freud [40:55] Plato [1:10:00] Dan Carlin [1:43:30] Show Topics 2:47 – In this book the author, David Deutsch, calls out some of the other authors that we have covered on the podcast before. He calls out Nassim Taleb on some of his ideas, which is something we almost hold sacred on this podcast. This book made us change the way we think about some of these things. 5:03 – Diving into advanced concepts like multiverse, quantum entanglement, relativity and infinity. You have to take your time to wrap your head around this. Our minds are not used to grasping these concepts. Explaining what’s the highest number to a kid. 7:00 – In the introduction the author says “all progress both theoretical and practical has resulted from a single human activity, the quest for what I call good explanations”. Everything is possible if it is not prohibited by the laws of physics. 8:10 – Deutsch uses the example of disease and cholera. People dying of diarrhea when they were right next to a fire and could have boiled their water. The problem was actually a problem of knowledge. A lot of problems we have today are the same and given the right amount of knowledge, can be solved. 8:55 – All other books that we have looked at, Seneca, Taleb and even the book Denial of Death. They all are predicated on the idea that we all will die. Deutsch says most likely yes we will die, but it doesn’t mean it’s not possible to solve. He isn’t saying there is one solution but there maybe solutions to each of the discrete problems - accidents, cancer etc, they are all problems waiting for the right knowledge to be able to solve them. 10:40 – Wealth as a society was another thing he called out in this book, as a species having the resources as well as the knowledge. Even if you had given cavemen the knowledge of how to build a plane, they don’t yet have the resources to get the metals out of the ground and shape the parts needed. Progress is a factor of both knowledge and wealth. 11:25 – He starts the book off in the intro with his refutation of empiricism, where we gain knowledge by experiencing things then learning from them. He makes this good distinction: “Experience is indeed essential to science but its role is different from that supposed by empiricism, it is not the source from which theories are derived its main use is to choose between theories that have already been guessed”. You really can’t learn from experience unless you have some guess about what should happen. You need to have conjecture or a hypothesis before you can actually test something. You’re trying to figure out what the truth might be. Startups “finding” insights in Big Data without an hypothesis to test. 15:00 – “Fallabilsts expect even their best and even most fundamental explanations to contain misconceptions in addition to truth and so they are predisposed to try to change them for the better.” This is like a life philosophy - anything you assume is true you should also assume part of it is wrong. Always look for ways to improve your understanding. 17:46 – Deutsch rounds out the first chapter by saying that “every problem is a signal that our knowledge is flawed or inaccurate.” Our goal as humans is to come up with better explanations which then inevitably leads to a new set of problems. That is this beginning of infinity, each problem leads to infinitely many more problems and the solutions that come with them. We are stuck with this continual loop of solve problem > discover new one > solve problem etc. The Principle of Mediocrity idea and Anti-Anthropocentrism. 23:20 – Deutsch says that humans can understand anything with enough time and knowledge. He is referencing John Haldane who said “The universe not only queerer than we suppose it is queerer than we can suppose”. Deutsch says that nothing is beyond our potential comprehension. 30:43 – Tangent. Aquatic Apes fringe theory. Go listen to Darwin’s dangerous idea episode. We don’t want the aquatic apes theory to be refuted, plus it would make a really good band name. 31:42 – Chapter 4. Form of infinities in the Universe: the process of biological evolution and knowledge growth. Ideas can be replicators same as genes can. 33:22 – Chapter 6. Universality. Some ideas are useful and functional in a contained, local sense and some make the jump to actually being universal and infinite. Roman Numerals were never really universal. It would always require more numerals to count higher and higher. Where as our Arabic system 0-9 they are just 10 symbols plus 1 rule, gives us an infinite number. Same as using an alphabet vs hieroglyphics, having a character represent a word, you will always need more characters. Asian scripts. 40:10 – Reductionism and the concept of the brain as a computer, the way we think about our brain is influenced by the technology of the day. Scaling problems. Knowledge creation for AI. Knowledge ownership. “First the brain was supposed to be like an immensely complicated set of gears and levers, then it was hydraulic pipes, then steam engines, then telephone exchanges, and now that computers are the most impressive technology brains are said to be computers. This is still no more than a metaphor and there is no more reason to expect a brain to be a computer than a steam engine” 47:55 – Tangent. Hofstadter and the DARPA Turing Test, AI joke creation and changing nature of humor through generations. Consciousness Test. 54:44 – Hotel Chapter. Understanding Infinity. Being at the beginning of infinite progress. Time subjective to our mental processing power. 1:00:11 – Optimism Chapter. All problems and evils in the world are caused by insufficient knowledge. All can be solved with enough knowledge. Evils are just situations where we haven’t solved the problem yet. There is never going to be a Garden of Eden state as you always unlock new problems. Deutsch says “We do not yet know what we have not yet discovered.” Sounds similar to the idea of blind faith, that we will just figure it out. We can be optimistic because if there is a necessity to solve something the market really impacts it, it’s a powerful corrective force. Investment and money gets put towards solving the problem. Ebola example. 1:08:33 – Multiverse Chapter. Funny dialogue between Socrates and Plato. 1:10:20 – Tangent. Sphinx theories, Egyptology and the Semmelweis reflex. Respecting and disproving Fringe Theories. Politics vs science in Medicine. 1:17:05 – Tangent. Anthropomorphising food. Now low cholesterol is tied to mortality causes. Where as previously high cholesterol was considered a huge health issue. Eating fat doesn’t make you fat, like Taleb says eating a cow doesn’t make you bovine. The cause for bull penis powder. 1:20:07 – Bad philosophies. Philosophies that prevents you from developing other philosophies. Religions, top-down theories, bad company traits. Crony beliefs. if you feel personally attacked when someone questions your belief, that shows it’s not a well reasoned idea and a bad philosophy for you – that may show you what you are believing because you want to. You often only believe things that are socially beneficial. Vegans, palm sugar, plastic activism, foreign orphanages and stupid activism. 1:29:40 – Postmodernism as bad philosophy. Problems in different types of Sciences. Explanational science. Tossing old knowledge requires an explanation. Chemical imbalance for depression. Second and third effects of drugs use. 1:39:41 – Politics Chapter. Separate essay. Beauty Chapter. There is objective universal beauty. Beauty in flowers and music. 1:45:33 – Evolution of Culture. Rational and anti-rational beliefs. Memes as a way of spreading ideas “Consider how you would be judged by other people if you went shopping in your pajamas or painted your house with blue and brown stripes - that gives a hint of the narrowness of convention that govern these objectively trivial inconsequential choices about style and the social cost of violating them. Is the same thing true of the more momentous patterns in our lives, careers, relationships, education, morality, political outlook and national identity. Consider what we expect to happen when a static society is gradually switching from anti-rational to rational memes”. Liberalism-conservatism conflict. Turning child into political statements. 1:58:15 – The Unsustainable Chapter. Easter Island culture diminished as they didn’t solve their problems. We often think things are finite when they can be solved in other ways. Pessimistic and Optimistic conceptions. “Pessimistic conception is that humans are wasters - they take precious resources and madly convert them into useless coloured pictures. This is true of static societies those statues were what my colleagues were what color televisions which is why comparing our culture with the old society of Easter Island is wrong - we are not a static society. The optimistic conception is that people are problem solvers, creators of the unsustainable solution and hence also of the next problem. In the pessimistic conception that distinctive ability of people is a disease for which sustainability is the cure - sustainability is the disease and people are the cure.” Trying to get people to work against their selfish desires isn’t going to work, so find a way to make what you want to work out for the greater good. For example with hotels and reducing washing. It’s a win-win for both the hotel and the environment. They will then encourage environmental acts like that. If it cost them money then they would not encourage that. "What lies ahead of us in any case, is in any case infinity - all we can choose is if it is an infinity of ignorance or of knowledge, wrong or right, death or life." 2:03:48 – Subscribe to Patreon to get our book notes, highlights, bonus material and more for the price of a book. Also, Nat will stop doing saying “it will make you think” once Patreon hits 10k. Participate of the private community! Leave us a review on iTunes to get possible guests on the show. You can write just a 1 sentence description of the show and how you like the tangents. Check our supporters at madeyouthink.com/support. We are drinking delicious Lapsang Souchong tea from Cup & Leaf. If you want some tangent fuel, try the Mushroom Lemonade Coffee and Chai Latte from Four Sigmatic. Perfect Keto Nut Butter is amazing. Try it frozen for an incredible texture. Check Kettle & Fire Mushroom-Chicken blend, now available on their site. Use our Amazon affiliate link, it doesn’t costs you anything extra and helps support the show. Keep tweeting to us at @Neil Soni (@TheRealNeilS) and @Nat Eliason (@nateliason). If you enjoyed this episode, don’t forget to subscribe at https://madeyouthinkpodcast.com
"Now happiness, more than anything else, seems complete without qualification. For we always choose it because of itself, never because of something else." In this episode of Made You Think, Neil and Nat discuss The Nicomachean Ethics by Aristotle. Aristotle "wrote" this book for his son, Nicomachea, in which philosophizes about the pursuit of happiness and how to find the point of flourishing of our lives. “We become builders building, we become harpists by playing the harp. Therefore we become just by doing just actions, temperate by doing temperate actions, brave by doing brave actions.” We cover a wide range of topics, including: How to find the perfect middle point to flourish in our activities Why happiness is a path that requires action, and not a destination Why sons may vote for the opposite of their parents Stones, horses and slaves that find their purposes in life Harvard admission problems with Asian-Americans Blaming the 2a.m. pizza And much more. Please enjoy, and be sure to grab a copy of The Nicomachean Ethics by Aristotle! If you enjoyed this episode, be sure to check out our episode on Letters from a Stoic by Seneca, a book that approach happiness from another perspective, as well as our episode on Atlas Shrugged by Ayn Rand, whose author proclaimed to be strongly influenced by Aristotle. Be sure to join our mailing list to find out about what books are coming up, giveaways we're running, special events, and more. Links from the Episode Mentioned in the show Nihilism [2:55] Postmodernism [2:55] The Donald on Reddit [22:39] Eugenics [23:21] The Office “Business School” – 4 types of business [26:33] 23andme [31:29] Asian-Americans Suing Harvard Say Admissions Files Show Discrimination – NYTimes [35:05] Chinese Room Experiment [55:38] Turing Test [55:46] Kantian Deontology [1:26:35] Lindy Effect [1:27:54] Books mentioned The Nicomachean Ethics Atlas Shrugged by Ayn Rand [10:03] (Nat’s notes) (book episode) Blank Slate by Steven Pinker [20:40] Sapiens by Yuval Noah Harari [30:06] (Nat’s notes) (book episode part 1 & part 2) Skin in the Game by Nassim Taleb [42:38] (Nat’s notes) (Neil’s notes) (book episode) The Power of Habit - Charles Duhigg [50:16] (Nat’s notes) Homo Deus by Yuval Harari [55:05] (Nat’s notes) (book episode) Letters from a Stoic by Seneca [1:14:27] (Nat’s notes) (book episode) People mentioned Aristotle Socrates [0:59] Plato [0:59] Alexander the Great [0:59] Saint Thomas Aquinas [2:23] Ayn Rand [10:03] (Atlas Shrugged episode) Steven Pinker [19:57] John Searle [55:46] Scott Adams [1:05:18] Lucius Annaeus Seneca [1:14:27] (Letters from a Stoic episode) Zeno [1:14:45] Marcus Aurelius [1:15:02] Epictetus [1:15:02] Nassim Nicholas Taleb [1:26:59] (Antifragile episode) (Skin in the Game episode) Show Topics 0:00 – Were these philosophers famous at their time or they became famous later? Plato's and Aristotle legacy and influence up to our days. Christianity and Virtue Ethics. Aristotle’s argumentation as a lawyer and dichotomy in opening speeches. 5:19 – Human flourishing as a better translation for happiness from Ancient Greek. 8:07 – Book 1. A book of ethics, how we should behave. Being able to judge what is happiness. Happiness Hierarchy. City Happiness before the Individual Happiness. Who decides what happiness is? How the Christian Church decided it was the source of morality. 11:51 – Aristotle and Buddhism. Appropriate level of moderation in all things. Difficulty to know what the a good middle is, but extremes are always bad. Alcohol during pregnancy. Using edge cases to find a good mean is not always possible. 16:46 – Extremism in politics. Family and switching to the opposite extreme view. 20:40 – Personalities traits pre-influenced by genes. Questions not allowed to be asked. "Nepotism" in professional basketball. Where to draw the line from extreme left or right. 25:56 – Hierarchies of a good life. Pleasure, political activity, philosophy. 28:06 – The perfect version of anything is what is most meant by nature. What sets human nature apart. Neanderthal and Sapiens stats. 32:02 – Hairy tangents. Why Indian people are hairy. Shaving dogs by mistake. Harvard discriminating Asians and Jews. Why colleges can ask for your race. 41:42 – Being virtuous requires action. One can't say its virtuous and become automatically it. Going to church doesn't make you a good person. Fasting before a feast. 44:20 – Learning the boundaries by experiencing and living. How to find the middle point by shooting to extremes first. Dating, relationships, meditation, etc. 47:24 – Book 2. Virtues of character. Virtue of thought arises and grows from teaching. Pulling from the observable to apply to the unobservable. The power of habits. Blaming the pizza for feeling bad after staying wake up past 2am. Post hangover foods. 52:48 – Being virtuous while being asleep doesn't count. Avoiding sin while sleeping. Concept of mind. The Chinese room experiment. Religion not being true, however still being useful to control people's behavior. One just can't just hope to do the right thing. One should know why it is a good thing, it is our duty as citizens to learn the why. 59:40 – Criticisms to religion based more on faith than reason. Christianity, Muslim, Pagans. Book as instruments to spread a Church's mission. Realism of a perfect God or person. Paganism vs monotheistic religions. 1:02:54 – Virtue ethics does not try to perfect ethical laws, it's a find-what's-good-by-yourself approach. Natural tendencies. Looking down on other people's tendencies while not recognizing our owns. Vices. 1:07:28 – Skimming through books 3, 4, 5. Common idea at the time: everyone knows everything, one just have to draw out of them (by using the Socratic method). Learning as a mutual discovery between teacher and student. 1:10:40 – Aristotle's Physics. Stones and horses flourishing, chemical stable states. Slaves feeling fulfilled. 1:13:11 – Book 7. Incontinence. People who know the right thing but then they don't do it. Putting down Stoicism. 1:15:21 – Book 8. Friendship. Land owning as a proxy for a good person throughout history. Proxies for intelligence or wealth: job, city where you're living, table manners,etc. 1:18:10 – Book 10. Pleasure. Main dichotomy: happiness of a base nature vs happiness of a higher nature. What pleasure is and why it is not sufficient for happiness. Pleasures relative to context. The problem of pleasure as a metric. 1:21:35 – The problem of happiness as a destination. The importance to know what shit one is able to put up with. Why entrepreneurship porn is popular. Acting in such a way it can become a universal rule for people in the same situation. Taleb's Platinum Rule (compared to the Golden Rule). Aristotle principles vs postmodernism. Ranges of mean where things are acceptable. Good enough vs overspecialized. 1:32:20 – Subscribe to Patreon to get our book notes, highlights, bonus material and more for the price of a book. Also, hang out with us, recommend books, and participate of our private community. Find us on Twitter @Neil Soni (@TheRealNeilS) and @Nat Eliason (@nateliason). Leave us a review on iTunes to get possible guests on the show. You can just write "Love this podcast! Neil and Nat are super fun.". Check our supporters at madeyouthink.com/support. We are drinking delicious Lapsang Souchong tea from Cup & Leaf. If you want some tangent fuel, try the Mushroom Lemonade Coffee and Chai Latte from Four Sigmatic. Perfect Keto Nut Butter is amazing. Try it frozen for an incredible texture. Check Kettle & Fire Mushroom-Chicken blend, now available on their site. Use our Amazon affiliate link to support the show effortlessly. If you enjoyed this episode, don’t forget to subscribe at https://madeyouthinkpodcast.com
Our second recap! In this episode of Made You Think, Neil and Nat revisit the previous books and topics discussed on the podcast. We delve into the most useful lessons that we’ve learned so far. It's perfect for newer listeners to catch up with the older episodes. Listen to this episode irrigated with Malbec. We cover a wide range of topics, including: The first 20 episodes summarized in one sentence. Reviewing books, speeches, articles, and even a music album. An article that changed our view on guns. Two books with an opposite view on Capitalism. Harari’s three part saga. Which book episodes were the most listened. And much more. Please enjoy, and be sure to check out all of our episodes here. If you enjoyed this episode, be sure to check out our first Recap episode. Be sure to join our mailing list to find out about what books are coming up, giveaways we're running, special events, and more. Links from the Episode Mentioned in the show Sesame Street [7:08] Blinkist [21:44] MentorBox [22:14] GE – General Electric [23:50] Aquatic Apes Hypothesis [25:03] Joe Rogan on Gender Warfare with Milo Yiannopoulos [38:20] Jordan Peterson on Joe Rogan’s Experience [38:32] Jordan Peterson on Jocko Podcast [38:59] Breaking Bad [44:58] A vegan diet in children may lead to spinal cord degeneration [46:51] Psychological Priming [47:20] Marshmallow Test [48:15] Lindy Effect [49:37] Vox [49:52] Fox News [1:07:01] Tesla [1:09:41] Prius [1:09:41] Starbucks [1:21:56] Distracted Boyfriend meme – Socialists vs. reality [1:36:26] Freakonomics [1:38:58] Genius [1:41:39] Stitcher [1:47:56] Books mentioned Antifragile by Nassim Taleb [2:46] (Nat’s notes) (book episode) Letters from a Stoic by Seneca [3:30] (Nat’s notes) (book episode) Mastery by Robert Greene [4:00] (Nat’s notes) (book episode) The Power of Myth by Joseph Campbell [4:18] (Nat’s notes) (book episode) The Sovereign Individual by James Dale Davidson [4:42] (Nat’s notes) (book episode) In Praise of Idleness [5:44] (Nat’s notes) (book episode) Amusing Ourselves to Death by Neil Postman [7:02] (Nat’s notes) (book episode) Finite and Infinite Games by James Carse [7:22] (Nat’s notes) (book episode) Way of Zen by Alan Watts [8:23] (Nat’s notes) (Neil’s notes) (book episode) Emergency [9:06] (Nat’s notes) (book episode) Gödel, Escher, Bach by Douglas R. Hofstadter [10:09] (Nat’s notes) (book episode) The Goal [12:52] (Nat’s notes) (book episode) Principles [13:50] (Nat’s notes) (book episode) The Inner Game of Tennis by Timothy Gallwey [14:39] (Nat’s notes) (book episode) The Psychology of Human Misjudgments by Charlie Munger [15:03] Work Clean [15:35] (Nat’s notes) (book episode) The Denial of Death [16:55] (Nat’s notes) (book episode) Influence by Robert Cialdini [17:18] (book episode) Revolt of the Masses by Ortega y Gasset [19:01] The Subtle Art of Not Giving a Fuck [22:41] Lean Startup [23:10] Darwin’s Dangerous Idea by Daniel Dennet [24:24] (book episode) What Every Body is Saying by Joe Navarro [28:50] (Nat’s notes) (book episode) Hiroshima Diary by Michihiko Hachiya [32:59] (Nat’s notes) (book episode) 12 Rules for Life by Dr. Jordan B. Peterson [35:59] (Nat’s notes) (Neil’s notes) (book episode) Merchants of Doubt by Naomi Oreskes and Erik M. Conway [42:18] (Nat’s notes) (book episode) Leverage Points by Donella Meadows [49:55] (article episode) Daily Rituals by Mason Currey [54:15] (Nat’s notes) (book episode) Skin in the Game by Nassim Taleb [59:40] (Nat’s notes) (Neil’s notes) (book episode) The Black Swan by Nassim Taleb [1:01:03] The Bed of Procrustes by Nassim Taleb [1:03:14] Blink by Malcolm Gladwell [1:01:48] The Riddle of the Gun by Sam Harris [1:06:11] (article episode) Discipline and Punish by Michel Foucault [1:12:20] (Nat’s notes) (book episode) Sapiens by Yuval Noah Harari [1:16:42] (Nat’s notes) (book episode part 1 & part 2) Homo Deus by Yuval Harari [1:16:42] (Nat’s notes) (book episode) Solitude and Leadership by William Deresiewicz [1:22:44] (speech episode) Atlas Shrugged by Ayn Rand [1:25:22] The Book of Five Rings by Miyamoto Musashi [1:29:58] (Nat’s notes) The Jungle by Upton Sinclair [1:32:55] (Nat’s notes) The Elephant in the Brain by Kevin Simler and Robin Hanson [1:37:58] The College Dropout [1:41:15] (album episode) People mentioned Jordan B. Peterson [0:51] (on Twitter) (12 Rules episode) Jeff Bezos [5:40] Adil Majid [6:05] (Crypto episode) Elon Musk [12:08] (on this podcast) Flatgeologists – Flat Earth Society [12:35] Joseph Campbell [14:09] Nassim Nicholas Taleb [19:49] (Antifragile episode) (Skin in the Game episode) Tim Cook [19:50] Eric Ries [24:19] Albert Einstein [41:42 Taylor Pearson [51:21] (Crypto episode) Ayn Rand [56:07] (Atlas Shrugged episode) Eric Weinstein [1:13:31] Friedrich Nietzsche [1:14:20] Malcolm Gladwell [1:21:11] Winston Churchill [1:35:36] Show Topics 1:25 – This episode is entirely sponsored by YOU via Patreon! Follows this link to directly support us. Check out the lovely bonuses you receive by supporting the show. 2:46 – Antifragile. Barbells strategy. Learning how to take advantage of chaos in the world. 3:30 – Letters from a Stoic. Acquire a new mental model for handling stress and challenges in your life. 4:00 – Mastery. 4:18 – The Power of Myth. Why we should take religions more seriously. 4:42 – Sovereign Individual. Rethink the permanence of the nation-states and what your future might look like in a society dominated by technology. 5:44 – In Praise of Idleness. Stop working so hard and reasons you should consider working less hard. 6:05 – Crypto episode. Principles of the tech behind Bitcoin and why you should care. 07:02 – Amusing Ourselves to Death. Don't watch the news, but listen to MYT. 7:22 – Finite and Infinite Games. Look at yourself as part of parallel finite and infinite games played in the world, and recognize artificial constraints to play infinitely. 8:23 – Way of Zen. All what you know about Buddhism and meditation is wrong. 9:06 – Emergency. Steps you should take to protect yourself when the society breaks down. 10:09 – GEB. Strange loops. Patterns that hint at the meaning of intelligence and why it may create issues while trying to understand our intelligence or building AIs. 12:08 – Think Like Elon Musk. Thinking independently vs copying the routines of others. Reasoning for firsts principles. 12:52 – The Goal. Theory of constraints, bottlenecks in businesses. 13:50 – Principles. Lots of business tactics. 14:39 – The Inner Game of Tennis. Learning how to get out of your own way to perform better. 15:03 – Psychology of Human Misjudgments. Guide for better decision making and catalog of human misjudgements. 15:35 – Work Clean. Keep your desk organized to get less distracted. 16:55 – Denial of Death. Our lives are driven by our fear of our mortality. 17:18 – Influence. Classic marketing tactics to make people trust you. 18:06 – Recap #1. 19:01 – Revolt of the Masses. Interesting ideas of the stratification of society. Against rent seekers and bureaucrat layers. Reading summaries will not convert you in Tim Cook, Apple’s CEO. 24:24 – Darwin’s Dangerous Idea. There's really no meaning to life if Darwin's evolutionary theories are correct. Aquatic Apes theory! Evolution makes life inherently meaningless. Superstition in animals. Should we eat humans? 28:50 – What Every Body is Saying. Textbook to decipher body language. Communicating with body language, and dating. 32:59 – Hiroshima Diary. Private diary of a doctor from Hiroshima injured in a blast. How much humans are capable of enduring without breaking. Perspective on hardship. 35:59 – 12 Rules for Life. Peterson is a quite controversial character. Gender ideas, misinterpretation, toxic masculinity. 42:18 – Merchants of Doubt. Scientists that get paid to create fake science to support destructive practices of some companies. The problem of Media communicating science. 49:55 – Leverage Points. 12 points you can intervene in a complex system to create some change, and the relative power of each of them. Which President is sitting in the Oval Office is less important than the rules, the government and context inside and outside the country. 52:26 – Support the show on Patreon and help us buy a Tangents Button. 54:15 – Daily Rituals. People doing a lot of drugs. Historically geniuses were drug nubs, drunks, and not sleeping. It's hard to evaluate instant productivity. 59:40 – Skin in the Game. Appendix to Antifragile. Comparing this book with others by Nassim Taleb. Good way to structure your own compensation. Curious notes on Taleb's personality. 1:06:11 – The Riddle of the Gun. A concise, clear, apolitical, view-changer article in favor of gun ownership. Nuances of a black-or-white issue. Micro and macro level incentives. The naive reaction of liberal people. 1:12:00 – Subscribe to the show's Patreon, and discover the secret Nat's misadventures on Facebook. 1:12:20 – Discipline and Punish. Not a BDSM-sex book. It requires discipline to go through the book, and, after it, you'll feel punished. Better to listen to our episode :). A book about post-modernism. Listen to our analogy on Nietzschism and Nazism. 1:16:42 – Harari's 3 parts saga. Sapiens part 1, part 2, and Homo Deus. Mythology and shared stories as big driving forces for human development and organization of large sets of humans. Examples: Money, Cities, Companies. 1:21:21 – Listeners Questions #1. Flow, happiness, power, future of work, personal backgrounds. Subscribe on Patreon to ask questions for the next Listeners' episode. 1:22:44 – Solitude and Leadership. Our first speech. Spend time on your own having the freedom from interruptions, to become a better thinker, doer and leader. Otherwise, amuse yourself to death or be an excellence sheep. There are so many differences between our reality and our biology that we have to construct our reality to be more in line with our biology. Think about your solitude the same way as your diet. 1:25:22 – Atlas Shrugged. The Behemoth. Compelling case for physical Conservatism. A book that will make you respect entrepreneurship. 1:29:58 – The Book of 5 Rings. Applying strategy, military tactics, and sword fighting, to life. 1:32:55 – The Jungle. A "funny" counterpart to Atlas Shrugged. Differences between Anarchism and Libertarianism. "Capitalism is the worst economic system except of all the others". 1:37:46 – The Elephant in the Brain. Secret motivations for doing things that we don't like to talk about because they are ugly and focusing on the pretty side of our actions. Evolutionary reasons to hide those motives even to ourselves. A case for not being so introspective. 1:41:15 – The College Dropout. Our first music album! Growing up poor and making it big. Poetry, well constructed, and with many levels of interpretation. even if you don't like rap, consider listening to the episode, it will make you like rap a little bit more. Kanye as a brilliant marketer. 1:45:05 – Sponsors. Sign up to Patreon to get more notes, goodies, and chat with us. Try Perfect Keto's Nut Butter. A frosting experience, great texture, great flavor, macadamia, cashew, coconut and MCT oil and sea salt. Try Four Sigmatic’s Lemonade, a jet black lemonade with activated charcoal along with chaga mushroom. Reach us on Twitter, TheRealNeilS and nateliason. Review us iTunes. Keep telling your friends, that's the #1 way people hear about MYT. If you enjoyed this episode, don’t forget to subscribe at https://madeyouthinkpodcast.com
Jurgis, too, had heard of America. That was a country where, they said, a man might earn three roubles a day; and Jurgis figured what three roubles a day would mean, with prices as they were where he lived, and decided forthwith that he would go to America and marry, and be a rich man in the bargain. In that country, rich or poor, a man was free, it was said; he did not have to go into the army, he did not have to pay out his money to rascally officials—he might do as he pleased, and count himself as good as any other man. In this episode of Made You Think, we discuss The Jungle by Upton Sinclair It is a novel that portraits realistically the life at the time of immigrant families. Aimed to promote socialism, it ended conceiving the first laws of consumer protection in the United States after the scandal created by the revelation of meat packing malpractices. “Leave it to me; leave it to me. I will earn more money—I will work harder. Jurgis.” We cover a wide range of topics, including: The 3-day weekend A list of malpractices in the meatpacking industry that ended Embalmed meat killing soldiers in Spain Children labor in tech startups Monstrous sized apples and food stamps diets Businesses taking advantage of illegal immigrants Fiverr ads in NY and the Gig economy And much more. Please enjoy, and be sure to grab a copy of The Jungle by Upton Sinclair! If you enjoyed this episode, be sure to check out our episode on Atlas Shrugged by Ayn Rand, counterpoint to The Jungle, a book that vows for Capitalism, as well as our Recap episode, where we summarize our first 20 books, all under the effects of alcohol :). Be sure to join our mailing list to find out about what books are coming up, giveaways we're running, special events, and more. Links from the Episode Mentioned in the show Lacroix [0:41] Pure Food and Drugs Act [2:46] Meat Inspection Act [2:46] Kettle & Fire [48:26] Food stamps don’t cover the cost of healthy eating [49:01] Costco [50:43] Peter Attia at the Joe Rogan experience - Cocaine Revolutionized Surgery [59:19] Snus – Chewing Tobacco [1:01:28] Lindy Effect [1:02:34] Verizon AT&T-Time Warner Trust [1:14:17] Interstellar [1:15:52] North Star Podcast [1:17:29] Foxconn [1:19:50] Nike [1:19:50] Patreon [1:38:19] Distracted Boyfriend meme - Socialists vs. reality [1:42:17] Uber [1:50:25] Fiverr Ads in NY [1:50:25] UpWork [1:51:28] Hinge [2:01:55] Books mentioned The Jungle by Upton Sinclair (Nat's notes) Uncle's Tom Cabin by Harriet Beecher Stowe [3:20] Seeing Like a State by James C. Scott [3:52] Atlas Shrugged by Ayn Rand [4:11] The Denial of Death by Ernest Becker [24] (Nat’s notes) (book episode) Liar's Poker by Michael Lewis [25:] Sapiens by Yuval Noah Harari [37-42] (Nat’s notes) (book episode part 1 & part 2) Skin in the Game by Nassim Taleb [1:03:18] (Nat’s notes) (book episode) Leverage Points by Donella Meadows [1:22:15] (article episode) The Elephant in the Brain by Kevin Simler and Robin Hanson [1:23:32] Animal Farm by George Orwell [1:44:49] The Power of Myth by Joseph Campbell [1:48:12] (Nat’s notes) (book episode) The Sovereign Individual by James Dale Davidson [1:49:38] (Nat’s notes) (book episode) Das Kapital by Karl Marx [2:04:37] War and Peace by Leo Tolstoy [2:05:22] Zen and Art of Motorcycle Maintenance [2:05:35] People mentioned Upton Sinclair Adil Majid [37:42] Nassim Nicholas Taleb [56:01] (Antifragile episode) (Skin in the Game episode) Chris Christie (sports betting in New Jersey) [56:52] Neil deGrasse Tyson [1:17:02] David Perell from the North Star podcast [1:17:29] George Orwell [1:44:21] Jordan B. Peterson [1:45:16] (on Twitter) (12 Rules episode) Warren Buffet [1:46:23] Elon Musk [2:04:05] (on this podcast) Jeff Bezos [2:05:06] Show Topics 0:00 – The Jungle It is a book commonly read in High School, but probably the intention gets missed when read young. The content of the story is very dark. At first it seems to be a book about the terrors of the meat industry, but Sinclair aimed at the perils of Capitalism. It shows the problems with pure Laissez-faire economic systems (while other books as Atlas Shrugged critique Top-Down economies). 4:28 – Sinclair was upset that his book didn’t meet the goal to promote socialism, all it had was the effect of changing how the US regulates the meat industry. The value of safety nets and consumer protection laws. 7:14 – We didn't had weekends as we know them today. Some people suggest we will be able to mitigate some of the effects of automation by shortening the work week even more. Some startups and companies already offer Summer Fridays, where employees take Friday off. This is backed by noticing that does not affect productivity. 11:47 – Sinclair disavowed Socialism, he said it was not well implemented. Also, that Unions are an equally corrupt part of the system too. However, the book seems quasi religious, as lacks critics to Socialism. 14:39 – The book tells the story of Jurgis, who decides to move from Lithuania to Chicago with his family. He first feel betrayed with his friend, which he thought was rich. At that time, moving was one-way, people didn't have the money to travel back. The experience to moving to a completely extraneous place you never saw and with different language. Practically there is no culture living in complete isolation today, given the spread of the Internet and the English language. 20:02 – Jurgis gets his first job is sweeping guts and parts of cattle into a pit. The joy of having a job and the feeling of being settled. Not being paid for partial clock ours or waiting ours. Investment banking seems like a modern upper middle class version of the same problem. 25:44 – No security. Jurgis get injured and rests at home, without being paid. Hard work spirit. “Leave it to me; leave it to me. I will earn more money—I will work harder.” 26:05 – Sinclair attacks meritocracy. It's not those who work hard that are the ones who are wealthy. The people who had made it are not the people who'd done a good job, it's the people who'd figured out how to rig the system. Meritocracy, honesty (or dishonesty), conditions at birth and luck as the shapers of one's future. Reconciling the victim mentality with the meritocratic attitude. 28:45 – White privilege is probably true, but people started very poor and developed wealth through generations. The leap from "making money to stay alive" to "making money and build wealth". College funds compounding. 32:52 – Part of why we create wealth is to pass it to our children. Taking out inheritance plus giving immigrants upper-middle class quality of life from the start, as Socialism suggest, would take out incentives to create wealth. Socialism as the evolution of King-and-Serve model, in the way that somebody else take care of you once you pay the access to the system. 35:30 – Parents that bring their kids to America but want them to maintain their customs of origin. Contingencies buying a house. Having to send the kids to sustain the mortgage payment. Our senses ignore the static, concentrate on changes. 38:45 – Child labor was common 100 years ago. Is it OK to forbid child labor? Imposing modern values to pre-modern societies. China negating climate protocols. What if children work in tech positions at startups? 43:36 – How bad the meat packing industry was in terms of what went into the final product. A list of malpractices in the meat industry. Embalmed meat killing soldiers in Spain. Poisoned bread for rats. Sausages diluted with potato flour. Diluted or doctored food. The bargain of the peasant and hunter-gatherer lifestyle vs modern society. 49:01 – Optimizing food stamps to get the best diet. Why produce are not nutritious any more. Charging crops by weight as a bad incentive to produce nutritious crops. Size difference between wild and domesticated fruit species. Comparing fruits with candies and soda. Coca tea good for altitude sickness. 56:00 – Drugs and gambling becoming ubiquitous in the US. Libertarian trend legalizing gay marriage, suicide, drugs, poker and weed, MDMA. Cocaine and marijuana schedules for trials for medical treatments. Consuming opioids and tobacco in natural form, reducing cancer and other unwanted long term effects. Overdosing sugar. 1:03:18 – Jurgis back to the job market at Packagetown, finds a job in the fertilizers plants. 1:05:27 – Scentbird: monthly subscription for premium perfumes and colognes, delivered at your door in convenient packaging and at incredible rates! Nat's favorite is Blue by Chanel, Neil's using Dolce & Gabbana's Light Blue. Use our code to get 50% off the first month. 1:08:43 – Jurgis passes through jail. Spoiler alert! Jurgis is blacklisted from all jobs and becomes a bum. Parallel between the beef trust and the communications trust. Jurgis finally gets a better job in Downtown. 1:18:09 – When the supply of work is much greater than the demand. Working by the day. Immigrants taking US jobs working in illegal conditions. Unfair systems that can't be fixed by just replacing the pieces at the top. Businesses aren't much penalized, individuals are, when talking about illegal immigrants. 1:24:24 – The Government job to protect citizens. Markets can take care of most of their problems, but sometimes rules are needed. GMOs at Walmart. 1:26:24 – Jurgis loses all his family and becomes a bum, a modern version of the hunter gatherer. Jurgis gets into the underground. Suggestion that the only way to get rich in America is by breaking the law. 1:32:52 – Jurgis gets back in a meat packing business, but in a better position. Finally gets out of Chicago. 1:35:35 – The book slides down into Socialism. Blind political speeches. Distinguishing Socialism from Communism. Free associations and Patreon. Degrees of Libertarianism. Anarchism. Countries not implementing Socialism properly argument. 1:42:17 – Is Socialism impossible because of Human nature? Strong man arguments for and against Socialism. Orwell and Peterson common background at the Socialist Party. Socialism as a satisfying and seductive system for the intellectual part of our brains. 1:46:00 – Top-down beats Bottom-up messy chaos on paper, but the opposite happens in reality. We tend to give more importance to things that can be measured, but that doesn't mean unmeasured things doesn't exists. Argumentative tactics. The miss of a Socialist hero in the plot. The Gig economy. 1:53:14 – Sinclair shows that each individual who is involved in the system is following the incentives they have. Seeing a true need for government. 1:54:08 – Sponsors! Scentbird. Only $7.50 for your first month subscription using our code. Kettle & Fire’s grass fed bone broth to reconstitute your gut health, up to 28% discount plus free shipping using our code. We highly recommend the mushroom chicken and mushroom flavor. Get 20% off for your keto related products on Perfect Keto. Exogenous ketones supplements, and MCT oil to supplement your good fat needs. Drink Four Sigmatic, delicious mushroom coffee. Try their new Golden Latte Mushroom Mix with shitaki and turmeric, and the Chai Latte Mush with turkey tail and reishi. None of these have caffeine, ideal to drink them the whole day. Get 20% off your first order from Cup & Leaf. Try the Cream Earl Grey and the Lopson su chong, the whiskey of black teas. Get the black tea sampler to try all black teas. 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What I learned from My Life and Work: The Autobiography of Henry Ford.A theory of business (0:01)If an old idea works then the weight of the evidence is all in its favor. The Lindy Effect. (7:30)All people are not equal (11:00) "That is why I never employ an expert in full bloom" (15:00), "I quit my job on August 15th, 1899 and went into the automobile business" (19:30)Henry Ford's philosophy on constant change (25:00)Henry Ford's 3 conclusions about business (26:00)Traits of a prosperous business (29:45)I cannot discover that anyone knows enough about anything on this earth definitely to say what is and what is not possible. .We get some of our best results from letting fools rush in where angels fear to tread. (34:00)Fix the problem. Do not think money will be the solution. (40:00)Overcome fear. Be free. (44:00)Fuck your feelings (52:30)Henry Ford's 4 principles of business (56:00)—“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast
In this episode, I talk about the five books that have a long future expectancy and prove true the concept called the Lindy effect. I first heard of the "Lindy Effect" while reading Nassim Taleb's "Antifragile" and decide to see what books I read fall under this concept. The five books I talk about are Napolean Hill's "Think and Grow Rich," Dale Carnegie's "How to Win Friends and Influence People," Paulo Coelho's "The Alchemist," Goerge Orwell's "1984," and "The Holy Bible." -My 2017 stats: http://bit.ly/2r3WTOp -2018 Reading Challange: http://bit.ly/2DdJDeZ -Want To Read List: http://bit.ly/2EJ27RD -Instagram: http://bit.ly/2rglmg9 -Twitter: http://bit.ly/2joINAC -Facebook: http://bit.ly/2DfYDZH --- Support this podcast: https://anchor.fm/anotherweekinthebooks/support
“Skin in the Game is about four topics in one: a) uncertainty and the reliability of knowledge (both practical and scientific, assuming there is a difference), or in less polite words bullshit detection, b) symmetry in human affairs, that is, fairness, justice, responsibility, and reciprocity, c) information sharing in transactions, and d) rationality in complex systems and in the real world. That these four cannot be disentangled is something that is obvious when one has…skin in the game.” In this episode of Made You Think, Neil and I discuss Skin in the Game: Hidden Asymmetries in Daily Life by Nassim Taleb. In this book, Taleb touches in many of the topics he’s covered in his previous work, such as virtue signaling and probability, and most of all, true risk taking. "[...] what people resent—or should resent—is the person at the top who has no skin in the game [...]" We cover a wide range of topics, including: Academia and its capability —or lack of it— of predicting real life. Having skin in the game and how it affects your behavior. How minorities impose their preferences to majorities. Judging a complex system by its elements. Sam Harris’ scalding opinion of Nassim Taleb. Virtue signaling. And much more. Please enjoy, and be sure to grab a copy of Skin in the Game by Nassim Taleb. "Not everything that happens happens for a reason, but everything that survives survives for a reason." If you enjoyed this episode, be sure to check out our episode on Antifragile by Nassim Taleb to dive deeper into Taleb’s work, and our episode on 12 Rules for Life by Jordan Peterson, so you too can imagine the awesome podcast Jordan and Taleb could create together. Be sure to join our mailing list to find out about what books are coming up, giveaways we're running, special events, and more. Links from the Episode Mentioned in the show Nassim Taleb on Medium [01:45] Nat Chat [01:04] (Antifragile episode) Twitter [03:48] Uber [13:04] Venture Capital [15:30] Y Combinator [15:37] Startup Company [15:37] Hedge Fund [17:09] Cryptocurrency [18:16] Gilgamesh coin [19:00] Lindy Effect [21:40] Virtue Signaling [24:32] Middlebury College [24:43] Statin [28:25] American Heart Association [31:30] Coca-Cola [35:20] Confirmation Bias [38:47] The Placebo Effect [38:50] The Most Intolerant Wins: The Dictatorship of the Small Minority by Nassim Taleb [40:29] Kosher Food [40:29] New Atheism [45:16] Reddit [45:26] Facebook [45:27] Starbucks [45:30] Dick’s Sporting Goods [46:00] Box Company [46:52] Google [56:42] Mutual Assured Destruction [01:02:04] JPMorgan Chase [01:09:00] Apple Inc. [01:09:30] Amazon [01:09:30] Uber [01:09:33] Instacart [01:09:33] Fat Tony [01:09:52] The National Football League (NFL) [01:18:36] Tesla [01:12:54] In-n-Out Burger [1:23:33] Chipotle [1:23:33] D'Souza rips apart smug leftist student over "white privilege" [1:27:30] Humanitarians of Tinder [01:33:17] Toms Shoes [01:33:45] Malaria nets [1:34:33] Sam Harris on Nassim Taleb “insufferable” quotation [1:43:10] The best podcast ever by Sam Harris [1:49:10] Russell Brand Podcast’s Under the Skin [1:49:10] Books mentioned 12 Rules for Life: An Antidote to Chaos by Dr. Jordan B. Peterson [00:39] (Nat’s notes) (Neil’s notes) (book episode) Antifragile: Things That Gain from Disorder by Nassim Taleb [01:04] (Nat’s notes) (book episode) Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets by Nassim Taleb [02:00] The Black Swan: The Impact of the Highly Improbable by Nassim Taleb [02:00] The Bed of Procrustes: Philosophical and Practical Aphorisms by Nassim Taleb [02:00] Happy Accidents: Serendipity in Modern Medical Breakthroughs by Morton A. Meyers [14:05] Charlie Munger: The Complete Investor by Tren Griffin [26:30] Merchants of Doubt: by Naomi Oreskes and Erik M. Conway [34:54] (Nat’s notes) (book episode) Gödel, Escher, Bach: An Eternal Golden Braid by Douglas R. Hofstadter [39:34] (Nat’s notes) (book episode) Leverage Points: Places to Intervene in a System by Donella Meadows [52:13] (book episode) Hiroshima Diary: The Journal of a Japanese Physician by Michihiko Hachiya [01:01:28] (Nat’s notes) (book episode) Genghis Khan and the Making of the Modern World by Jack Weatherford [01:37:03] A History of Private Life by Paul Veyne [01:40:39] Waking Up: A Guide to Spirituality Without Religion by Sam Harris [01:47:35] Lying by Sam Harris [01:47:35] People mentioned: Nassim Nicholas Taleb (Antifragile episode) Hillary Clinton [06:58] Steven Pinker [06:58] [1:35:59] Ayn Rand [07:54] Anne Hearst [24:52] Charles Murray [24:57] Aaron Levie [46:51] Donald Trump [01:06:40] Marco Rubio [01:07:22] Chris Christie [01:07:31] Jeff Bezos [01:11:58] Bill Gates [01:12:05] Mark Zuckerberg [01:12:14] J.K. Rowling [01:33:00] Alexander The Great [01:36:39] Jordan B. Peterson [01:41:32] (on this podcast) Sam Harris [01:41:32] Scott Adams [01:49:26] Russell Brand [01:49:47] Jocko [01:53:40] Show Topics 01:30 – Taleb's bibliography, his previous releases. Contrasts and relations between his previous works and Skin in the Game. A greater focus in philosophy and morals, rather than the mathematical focus of his other books. Skin in the game concept for business and non-business people. 06:38 – Taleb's use of criticism of other people, perhaps partially for publicity reasons. Criticizing people at your own weight vs needless harassment. The Ayn Rand effect. 08:50 – The books’ introduction. Academia vs real life. You can’t predict the behavior of a system by studying the behavior of individual elements within the system. Emerging qualities of complex systems. Academia back-explaining knowledge that’s created practically. Skin in the game for Roman architects and medicine scientists. 14:57 – True progress is only possible when you actually stand to lose something should you fail. Defining “rent-seeking” as opposite for “skin in the game”. Different types sorts of investments and whether they constitute rent-seeking. 19:25 – The contents of the book can become a lens through which you see the world. 20:03 – Sponsors. Get a shot of Four Sigmatic Mushroom Coffee mixed with MCT oil powder from Perfecto Keto. Follow our advice, we have skin in the coff… in the game. 20:59 – You can’t judge whether something is robust, if it can survive stressors, if you’re not at risk in case it can’t. The test of time. 23:30 – Business plans and their usefulness, or usefulness for procrastination. 24:54 – Book 2: A First Look at Agency. Advice, and knowing when to listen to it. Advice that’s helpful to the person offering it, rather than who’s being advised. Incentives and metrics under judgement. 26:50 – Judging actions by their intentions, rather than their effects. Nazism vs Communism. Diets, cholesterol, weight, and its effects on health as single elements of a complex system. 35:36 – Avoiding doctors when you have low-risks health issues. Prayer and religion developing related to health, and the high risk of medical procedures. The Placebo Effect. 39:20 – Book 3: That Great Asymmetry. Ant and ant colony metaphor. Predicting a complex system’s behavior through the behavior of singular elements. A small vocal minority affecting the behavior of large groups. The minority effect on holiday greetings and restaurant choices. 45:56 – Gun regulation, and changes in policy meant for advertising. Virtue signaling and what you do out of your beliefs, versus what’s done for public recognition. Standing up for your opinions even if, or specially if, it has social consequences. 50:57 – The free market, bottom-up or top-down models. Changing the parameters of individuals will not change the parameters of the emerging system. 52:57 – Book 4: Wolves Among Dogs. The trade off between security and freedom. Working as a dog, comfortably but restrained, versus working as a wolf, with much more freedom, but less safety. Tactics big companies use domesticating their employees. English manners as a way to domesticate lower classes. 00:59:39 – Suicide bombers and Mutual Assured Destruction. Reasoning and incentives in terrorists perspective, and how to discourage them to commit suicide. Sacrificing oneself and sacrificing the whole nation. 01:02:26 – Freedom and social media. Voluntarily adopting habits of the lower class as a signal of freedom. Nassim Taleb and Twitter. 01:05:53 – Book 5: Being Alive Means Taking Certain Risks. Politicians and relatability. Feeling like a politician is a real person, or simply a scripted facade. The case for Trump and his relatability. 01:08:36 – Resentment against people at the top who don’t have skin in the game, who are not really risking anything. Economic equality and what it truly means. Unfair barriers put up to keep people in the 1% when they might not really be earning their spot anymore. Florence example, where a handful of families has kept the power for more than 5 centuries. 01:14:38 – Peer approval, the minority effect, and real freedom. 01:17:06 – Book 6: Being Alive Means Taking Certain Risks. Between two people who are equally qualified, the person who looks less “the part” is a wiser choice, as they have had to overcome more challenges to get to where they are. Quarterbacks vs common sense. Elitism and food: steaks, fast-food, and wine. Big mansions and living away from everything. 01:27:38 – Virtue signaling. Protesting or complaining without putting action behind your beliefs. Charity that’s mostly for show and its negative consequences. 01:35:12 – History and violent events: decreasing in frequency, but increasing rapidly in intensity. War, urban violence, and the magnitude of violence. Life that isn’t covered in history outside of big, dramatic events. 01:41:26 – Book 7: Deeper Into Agency. Religion, Beliefs, and Skin in the Game. Sam Harris, Nassim Taleb, and Jordan Peterson. Religion, science, and scientism. 01:49:22 – Sam Harris’ podcast and its infamous guests. 01:50:38 – Book 8: Risk and Rationality. The last section of the book, and concepts in it that are being explored in-depth by Taleb for the first time. “Skin in the Game” as an entry point for Taleb’s work. 01:52:26 – You don’t necessarily need to know what is the reason for something, even if you know that there is a reason. 01:54:31 – Ergodicity and non-ergodicity, or assembled probability vs individual probability. Paranoia and risk reversion. Risk taking and relative risk rather than objective risk. Bathtubs’ and bullets’ potential to scale to kill people. Terrorism, gun violence and non-multiplicative risks. 02:01:35 – Ties back to Taleb’s previous work. Static and dynamics probabilities and life expectancy. 02:05:37 – Wrapping up and sponsor time! Make sure to grab your own copy of “Skin in the Game” through our Amazon sponsored link. To help the podcast maintain the freedom of the market, check out as well our sponsors: Kettle & Fire for all your delicious bone broth needs, with up to 30% OFF! We recommend Perfecto Keto’s coffee-flavored exogenous ketones. Four Sigmatic: for your mushroom coffee and all your other mushroom needs. And as always, don’t forget to check out our Support page. If you enjoyed this episode, don’t forget to subscribe at https://madeyouthinkpodcast.com
Nassim Nicholas Taleb talks with EconTalk host Russ Roberts about the manuscript version of his forthcoming book, Skin in the Game. Topics discussed include the role of skin in the game in labor markets, the power of minorities, the Lindy effect, Taleb's blind spots and regrets, and the politics of globalization.