Nassim Taleb - The Black Swan (21 Ideas I Learned)

Andrew Wilkinson - Never Enough: From Barista to Billionaire (11 Insights I Learned)

📚 Try Shortform free for 5 days and get 20% off: https://shortform.com/almanack⁠ [https://shortform.com/almanack] 💌 My newsletter where I share a timeless idea some Fridays (expect it once a month): ⁠⁠https://www.littlealmanack.com [https://www.littlealmanack.com/] 📙 My (free) ebook 43 Nuggets to Become Better, Richer, and Wiser: ⁠⁠https://pickingnuggets.com [⁠⁠https://pickingnuggets.com] ------------------------- CHAPTERS 0:00 - Introduction 1:05 - Insight #1: The Advantage of Being Lazy 3:49 - Insight #2: Business Is About Solving Problems for Other People 8:23 - Insight #3: There’s No Harm in Asking 15:37 - Insight #4: Most People Hate Risk 16:39 - Insight #5: Be the Only One in Your Category 19:30 - Insight #6: Create Goodwill 20:15 - Insight #7: Save and Invest 23:18 - Insight #8: Anti-Goals 27:31 - Insight #9: The Best Investors Think in Decades 28:45 - Insight #10: Invest in What You Know 29:42 - Insight #11: No One Is Impressed with Your Possessions as Much as You Are DISCLAIMER Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you!

Nassim Taleb - Skin In The Game (16 Ideas I Learned)

👉 Blog post version - https://www.littlealmanack.com/p/skin-in-the-game-nassim-taleb [https://www.littlealmanack.com/p/skin-in-the-game-nassim-taleb] 🟠 My notebook with over 5,000 insights (Doers Notebook) - https://www.doersnotebook.com/ [https://www.doersnotebook.com/] 📚 Get a 20% discount with Shortform using my link - https://shortform.com/almanack [https://shortform.com/almanack] 💌 My weekly newsletter where I share a timeless idea every Friday - https://www.littlealmanack.com/ [https://www.littlealmanack.com/] 📙 My (free) ebook 43 Nuggets to Become Better, Richer, and Wiser - https://pickingnuggets.com/ [https://pickingnuggets.com/] ------------------------- CHAPTERS 0:00 - Introduction 0:59 - Idea #1: Never Lose Touch with Reality 9:55 - Idea #2: Skin in the Game is about Honor 13:35 - Idea #3: Soul in the Game 19:13 - Idea #4: Heroes Were Not Library Rats 23:52 - Idea #5: The Public and the Private 26:00 - Idea #6: Unpopular Virtue 29:46 - Idea #7: Beware of Advice that Benefits the Advice-Giver and Never Harms Him 33:07 - Idea #8: Talking One’s Book & Revealed Preferences 38:02 - Idea #9: The Minority Rule 46:06 - Idea #10: Employee vs Contractor 50:00 - Idea #11: The Origin of Envy 55:28 - Idea #12: The Lindy Effect 1:01:38 - Idea #13: Simplicity and Complication 1:06:32 - Idea #14: The Agency Problem 1:11:11 - Idea #15: How to Make True Friends 1:13:51 - Idea #16: Rationality is about Survival DISCLAIMER Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you!

Nassim Taleb - The Black Swan (21 Ideas I Learned)

👉 The Black Swan (Amazon) - https://amzn.to/4j5tVnE [https://amzn.to/4j5tVnE] 👉 Blog post version - https://www.littlealmanack.com/p/the-black-swan-nassim-taleb [https://www.littlealmanack.com/p/the-black-swan-nassim-taleb] 🟠 My notebook with over 5,000 insights (Doers Notebook) - https://www.doersnotebook.com/ [https://www.doersnotebook.com/] 📚 Get a 20% discount with Shortform using my link - https://www.shortform.com/almanack [https://www.shortform.com/almanack] 💌 My weekly newsletter where I share a timeless idea every Friday - https://www.littlealmanack.com/ [https://www.littlealmanack.com/] 📙 My (free) ebook 43 Nuggets to Become Better, Richer, and Wiser - https://pickingnuggets.com/ [https://pickingnuggets.com/] ------------------------- CHAPTERS 0:00 - Introduction 4:47 - Idea #1: Focus on the Outliers 8:49 - Idea #2: Platonicity 12:31 - Idea #3: The Anti-Library 15:46 - Idea #4: Scalable and non-scalable professions 22:16 - Idea #5: The Province of Mediocristan 24:34 - Idea #6: The Province of Extremistan 27:17 - Idea #7: The Problem of Induction 30:20 - Idea #8: Black Swans are always relative to knowledge 31:08 - Idea #9: The Round-trip Fallacy 33:12 - Idea #10: The Error of Confirmation (aka THE CONFIRMATION BIAS) 35:43 - Idea #11: The basis for true Self-Confidence 40:48 - Idea #12: The Narrative Fallacy 44:09 - Idea #13: Silent Evidence 48:06 - Idea #14: The Ludic Fallacy 54:32 - Idea #15: Epistemic Arrogance & Epistemic Humility 56:56 - Idea #16: The Fire Hydrant Experiment 1:02:26 - Idea #17: Budget for Uncertainty 1:04:09 - Idea #18: Ditch the 5-year plan 1:06:52 - Idea #19: Maximize the Serendipity around you 1:08:36 - Idea #20: Look for asymmetric outcomes 1:10:21 - Idea #21: Set up your own game DISCLAIMER Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you!