Podcast Notes Playlist: Business

What I learned from rereading Les Schwab Pride In Performance: Keep It Going! by Les Schwab.

What I learned from reading the NEW Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger.

Knowledge Project

Key Takeaways

• Check out the Knowledge Project Podcast Episode Page & Show Notes

Read the full notes @ podcastnotes.org



We all inhabit different identities throughout our day. Perhaps we’re entrepreneurs or employees, mothers or fathers, athletes or CEOs. But how can you harness the strengths of these different identities to get the best out of yourself? And can these different identities be used to get through tough times? Todd Herman calls on more than two decades of experience working with top performers on performance, strategy, mindset, and execution to discuss his thoughts on peak performance, the value of patience, the fear that prevents us from performing our best, imposter syndrome, and how he worked with Kobe Bryant to build the legendary alter-ego of The Black Mamba.
Herman has worked with elite athletes, peak performers, and entrepreneurial leaders for over 22 years. He helps them achieve their most ambitious goals by becoming more resilient, creative, confident, and courageous. He is also the author of the bestselling book The Alter Ego Effect.

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In this episode, Stig Brodersen talks with investment expert Lyn Alden about currencies, debt, inflation, and how to invest in an uncertain world.

IN THIS EPISODE YOU’LL LEARN:

00:00 - Intro

Why the bull theses are always more thoughtful and plentiful, and how to account for that

The relationships between debt, inflation, and wars.

How to best take advantage of debt in your portfolio

How capital controls work

How a debt restructuring works in practice

Can technology be so deflationary that the FED can print us to inflation? 

The future role of the Euro on the global scene 

Whether China is in a balance sheet recession 

The pros and cons of Argentina dollarizing its economy

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.

Lyn Alden’s book, Broken Money – Read reviews here 

Our interview with Lyn Alden about her book, Broken Money

Our interview with Lyn Alden about How the Fed Went Broke

Our interview with Lyn Alden about Macro and the Energy Market

Our interview with Lyn Alden about Money

Our interview with Lyn Alden about Gold and Commodities 

Lyn Alden's free website

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Monetary Metals

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Reflections from my dinner with Charlie Munger.

Clay is joined by Sahil Bloom, together they explore the philosophies and frameworks that Sahil has used to build a meaningful life that has impacted hundreds of thousands of people while also staying true to what is truly most important to him.

What I learned from reading Ted Turner's Autobiography.

Who is the greatest economist of all time? In Tyler Cowen's eclectic view, you need both breadth and depth, macro and micro. You can't have been too wrong--and you need to be mostly right. You have to have had a lasting impact, and done both theory and empirical work. If you meet all these criteria, you may just be history's greatest economist. Listen as Cowen talks about his new and freely accessible book GOAT with EconTalk's Russ Roberts. Along the way to crowning a winner, Cowen offers original insights into what shaped the theories and worldviews of the greatest economists of all time. Cowen and Roberts also talk about the evolution of economics from a field concerned mainly with ideas to one that mostly grapples with empirical challenges.

Welcome to the first episode of the first season of “Age of Miracles”. This new show from Packy McCormick, investor and writer of the Not Boring newsletter, asks the question: how do we create a future of abundance?

This season, we’re exploring the future of energy – specifically, diving deep into nuclear energy, both fission and fusion. The world needs more energy, not less, argues Packy, and nuclear has been neglected as a clean, reliable source of energy for too long. Joining Packy as co-host this season is Julia DeWahl, who previously helped scale SpaceX’s Starlink and Opendoor and is now co-founder of micro-nuclear reactor startup Antares. 

In this episode, Packy and Julia set the stage for the season. They start with how they each got nuke-pilled and how the global narrative on energy has shifted, following events like the war in Ukraine and growing inflation. Next, they bust the three most common myths about nuclear energy: it’s too unsafe, there’s too much nuclear waste, and nuclear energy = nuclear weapons. And then they set the stage for the real challenges we’ll tackle this season: the economics of nuclear power, regulation and the role of government, and the power of public perception. 

If you’re curious about the future of energy, technology, or how to get out of a doomer loop and start working towards an abundant future, join us. An age of miracles is within reach — if we're willing to work for it.

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For the full list of resources referenced in this show: https://ageofmiracles.co/ 

Subscribe to Not Boring to get weekly doses of tech and business strategy, straight to your inbox: https://www.notboring.co/

Follow our hosts:

Packy McCormick on Twitter and LinkedIn

Julia DeWahl on Twitter and LinkedIn

Timestamps:

(00:00) Why the world needs more energy

(06:43) Preview of this season of Age of Miracles

(10:03) Let's talk nuclear fission

(19:15) Busting common nuclear myths: disasters, waste, and proliferation

(30:22) The 201 challenges with nuclear energy

(36:21) Could all the energy in 2050 just be fusion?

(45:23) Closing thoughts

This show is produced and distributed by Turpentine, a network of shows and other media properties.

Credits: Nancy Xu produced this season of Age of Miracles. Audio editor: Justin Golden. Video editor: Jake Salyers. Executive producers: Amelia Salyers, Packy McCormick, and Erik Torenberg.

My guest today is Palmer Luckey. Palmer is the founder of Defense company Anduril Industries, which makes next-generation military technology for the US and its allies. Since bringing the company to life in 2017, Palmer and Anduril have disrupted the established order in the Defense industry. Prior to Anduril, Palmer founded Oculus VR, a virtual reality business that he sold to Facebook for $2 billion.

Palmer is only in his early 30s, but he has already experienced more than most people will in a 40-year career. We talk about innovation, invention, differentiated thinking, and so much more. Please enjoy this great discussion with Palmer Luckey.

Listen to Patrick's Business Breakdown with Anduril CEO.

Listen to Founders Podcast

For the full show notes, transcript, and links to mentioned content, check out the episode page here.

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Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes. 

Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more.

Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.

Follow us on Twitter: @patrick_oshag | @JoinColossus

Show Notes:

(00:03:28) - The importance of synthetic long-chain hydrocarbon fuel

(00:09:37) - Ranking America's potential for innovation

(00:12:43) - Why there aren't more Thiel Fellowships

(00:14:56) - The principles that motivate and drive him

(00:18:21) - What it has been like working in the world of defense after the attack on Israel

(00:20:34) - Surprising lessons learned when building a large company

(00:24:02) - How to approach a new field initially

(00:28:45) - Meeting other out-of-the-box thinkers

(00:33:11) - Inventors working backward from existing systems versus forward from their ideals

(00:34:51) - The most pressing issue in national security

(00:41:01) - What matters most for America from a defense perspective

(00:43:58) - How to determine which problems to prioritize

(00:50:24) - Lessons learned from working with AI

(00:57:21) - How Apple is shaping the future of VR

(01:01:36) - Which videogame a prospective employee should excel at

(01:04:06) - Why Oculus was so successful in marketing

(01:11:13) - The kindest thing anyone has ever done for Palmer