🎧 Get a 20% discount on BeFreed by signing up with my link - https://www.befreed.ai/?ref=LittleAlmanack

(and start learning from 10K+ podcast-style audio lessons based on books)

💌 My weekly newsletter where I share a timeless idea every Friday - https://www.littlealmanack.com/

-------------------------

CHAPTERS0:00 - Introduction8:10 - Idea #1: Measure Fragility, Not Risk11:47 - Idea #2: Please Behead Me17:27 - Idea #3: Adopt a Mindset of Necessity20:00 - Idea #4: Overcompensation23:30 - Idea #5: Touristification30:51 - Idea #6: Antifragile at the Expense of Others37:09 - Idea #7: Pseudo-Stabilization42:10 - Idea #8: Naive Interventionism and Iatrogenics47:31 - Idea #9: Always Have Redundancies51:09 - Idea #10: The Barbell55:11 - Idea #11: The Green Lumber Fallacy58:46 - Idea #12: The Survival of Ideas1:00:35 - Idea #13: Lecturing Birds How to Fly1:03:13 - Idea #14: Small Is Beautiful and Less Fragile1:08:55 - Idea #15: Nonlinearities1:10:00 - Idea #16: Aging in Reverse — The Lindy Effect1:14:55 - Idea #17: Fasting1:17:53 - Idea #18: Heroism

📚 Try Shortform free for 5 days and get 20% off: https://shortform.com/almanack⁠

💌 My newsletter where I share a timeless idea some Fridays (expect it once a month): ⁠⁠https://www.littlealmanack.com

📙 My (free) ebook 43 Nuggets to Become Better, Richer, and Wiser: ⁠⁠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!

👉 Blog post version - https://www.littlealmanack.com/p/skin-in-the-game-nassim-taleb

🟠 My notebook with over 5,000 insights (Doers Notebook) - https://www.doersnotebook.com/

📚 Get a 20% discount with Shortform using my link - https://shortform.com/almanack

💌 My weekly newsletter where I share a timeless idea every Friday - https://www.littlealmanack.com/

📙 My (free) ebook 43 Nuggets to Become Better, Richer, and Wiser - 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!

👉 The Black Swan (Amazon) - https://amzn.to/4j5tVnE

👉 Blog post version - https://www.littlealmanack.com/p/the-black-swan-nassim-taleb

🟠 My notebook with over 5,000 insights (Doers Notebook) - https://www.doersnotebook.com/

📚 Get a 20% discount with Shortform using my link - https://www.shortform.com/almanack

💌 My weekly newsletter where I share a timeless idea every Friday - https://www.littlealmanack.com/

📙 My (free) ebook 43 Nuggets to Become Better, Richer, and Wiser - 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!