Chapter
Methods for Making Money
09:41 - 22:59 (13:18)
The process of getting rich quick is not easy and requires a lot of learning, like translating a new language. These methods are shared by successful people such as Nassim Taleb to help others make money.
Clips
Nassim Taleb shares insights on the paradox of teaching people how to get rich, and his conversation with Tim Ferriss.
09:41 - 15:22 (05:40)
Summary
Nassim Taleb shares insights on the paradox of teaching people how to get rich, and his conversation with Tim Ferriss. Taleb had his own experiences of getting rich and shares his lessons on it; his advice is that getting rich quick does not come at the start.
ChapterMethods for Making Money
Episode#183 - William Leith - Why Some People Become Ridiculously Rich
PodcastModern Wisdom
Learning is crucial for success in any field, whether it's languages or running a business.
15:23 - 18:12 (02:49)
Summary
Learning is crucial for success in any field, whether it's languages or running a business. The Slight Edge by Jeff Olson emphasizes the need to put in the work to learn and acquire knowledge to succeed.
ChapterMethods for Making Money
Episode#183 - William Leith - Why Some People Become Ridiculously Rich
PodcastModern Wisdom
The key to successful investing involves having a hypothesis and finding evidence to support it.
18:12 - 20:15 (02:02)
Summary
The key to successful investing involves having a hypothesis and finding evidence to support it. Learning from successful investors such as Benjamin Graham can also contribute to success.
ChapterMethods for Making Money
Episode#183 - William Leith - Why Some People Become Ridiculously Rich
PodcastModern Wisdom
The imbalance of only seeing people's success stories makes us miss out on the work and failures that led to their success.
20:15 - 22:59 (02:44)
Summary
The imbalance of only seeing people's success stories makes us miss out on the work and failures that led to their success.