Chapter
Nassim Taleb on Barbell Investing
1:20:12 - 1:28:26 (08:14)
Nassim Taleb has helped inform the concept of investing with a barbell strategy, which means having the majority of investments in cash or its equivalents and a small portion in high-risk/high-reward opportunities. This approach utilizes the upper tail to pay for the lower tail.
Clips
The guest speaker talks about how Nassim Taleb's writing style and philosophy inspired him to incorporate it into his teaching, particularly in his exercise class.
1:20:12 - 1:21:13 (01:01)
Summary
The guest speaker talks about how Nassim Taleb's writing style and philosophy inspired him to incorporate it into his teaching, particularly in his exercise class.
ChapterNassim Taleb on Barbell Investing
Episode#239: How to Reverse Aging with Art De Vany
PodcastThe Tim Ferriss Show
The pharmaceutical industry is heavily skewed, with a few companies selling billions of dollars worth of drugs each year, and a long tail of smaller companies.
1:21:13 - 1:24:40 (03:27)
Summary
The pharmaceutical industry is heavily skewed, with a few companies selling billions of dollars worth of drugs each year, and a long tail of smaller companies. One solution to this distribution could be a swamp-like instrument that uses revenue from the upper tail to pay the lower tail.
ChapterNassim Taleb on Barbell Investing
Episode#239: How to Reverse Aging with Art De Vany
PodcastThe Tim Ferriss Show
The concept of investing in a barbell fashion, where the majority of assets are in cash or cash-like equivalents, is not only counterintuitive but also influenced by behavior.
1:24:40 - 1:28:26 (03:46)
Summary
The concept of investing in a barbell fashion, where the majority of assets are in cash or cash-like equivalents, is not only counterintuitive but also influenced by behavior. Nassim Taleb advises selling down to a sleep-at-night level, which provides a behavioral advantage.