Wiser Than Yesterday

Wiser Than Yesterday

By Sam Harris & Nicolas VereeckeSociety & CultureEducationArtsBooksPhilosophy
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Wiser Than Yesterday episodes

  • Investing: NFTs (Non-Fungible Tokens), explained
    NFTs (Non-Fungible Token), explained

    A non-fungible token (NFT) is a unique and non-interchangeable unit of data stored on a digital ledger (blockchain). NFTs can be associated with easily-reproducible items such as photos, videos, 3D models, audio, and other types of digital files as unique items (analogous to a certificate of authenticity). NFTs use blockchain technology to provide a public proof of ownership. Copies of the original file are not restricted to the owner of the NFT, and can be copied and shared like any file. The lack of interchangeability (fungibility) distinguishes NFTs from blockchain cryptocurrencies, such as Bitcoin.

    NFTs have drawn criticism with respect to the energy cost and carbon footprint associated with validating blockchain transactions as well as its frequent use in art scams. Further criticisms challenge the usefulness of establishing proof of ownership in an unregulated market based on digital files that are easy to copy.

    Resource: Wikipedia

    Key Takeaways
    • The difference between fungible tokens and non-fungible tokens is fungible tokens are cryptocurrencies like Bitcoin while non-fungible tokens are unit of data that represent a unique digital asset stored and verified on the blockchain.
    • NFT represents a lot of things (which is usually a picture). It is also a pointer within the URL to that picture which is usually stored in an interplanetary file system.
    • NFTs are not divisible but can be fractionalized.
    • There are four major types of NFTs which are: cryptopunks, bored ape yacht club crypto (BAYC), game NFTs, and collectible NFTs.
    • Currently, art is the second biggest pillar of NFTs with two types of art which is an original art and generative art.
    • Original art type of NFTs are designed in a software like an image or GIF and sells it as an NFT.
    • Generative art type of NFTs are designed through an algorithm that will create the art on the moment it is minted.
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      40 min
    • Investing: The Bitcoin Standard: The Decentralized Alternative to Central Banking by Saifedean Ammous
      The Bitcoin Standard: The Decentralized Alternative to Central Banking

      By Saifedean Ammous

      The Bitcoin Standard analyzes the historical context to the rise of bitcoin, the economic properties that have allowed it to grow quickly, and its likely economic, political, and social implications.

      While Bitcoin is a new invention of the digital age, the problem it purports to solve is as old as human society itself: transferring value across time and space. Ammous takes the reader on an engaging journey through the history of technologies performing the functions of money, from primitive systems of trading limestones and seashells, to metals, coins, the gold standard, and modern government debt.

      Key Takeaways
      • The sound money means government cannot easily make more while unsound money means that they can make more.
      • Bitcoin was the first engineering solution that allowed for digital payments without having to rely on a trusted third-party intermediary. By being the first digital object that is verifiably scarce, Bitcoin is the first example of digital cash.
      • Gold became the basis for sound money.
      • Host rating for 'The Bitcoin Standard'
        Nico

        Rating: 9/10

        Sam

        Rating: 8.5/10

        Subscribe!

        If you enjoyed the podcast please subscribe and rate it. And of course, share with your friends!

        You can also listen and join us on ReasonFM or just ask questions.

        52 min
      • Investing: The Intelligent Investor by Benjamin Graham
        The Intelligent Investor

        By Benjamin Graham

        The Intelligent Investor by Benjamin Graham, first published in 1949, is a widely acclaimed book on value investing. The book provides strategies on how to successfully use value investing in the stock market. Historically, the book has been one of the most popular books on investing and Graham’s legacy remains.

        Key Takeaways

        Investment is not gambling or speculating

        An investment is going to protect the principal and provide an adequate return. Anything that does not meet these criteria is speculation.

        Margin of Safety

        In simple term, Graham's goal was to buy a dollars worth of assets for $0.50

        Defensive Investor

        Not every investor has a lot of time to analyze the stock and invest. Graham said that the majority of people should be a defensive investor. He said, aim for an investment portfolio of 50-50 split between stocks and bonds, and rebalance every year base on the changes.

        Enterprising Investor

        This kind of investor has a lot of time to spend looking at the market. As enterprising investor, you can choose the correct stocks and bonds to invest in.

        Host rating for 'The Intelligent Investor'
        Nico

        Rating: 6/10

        Sam

        Rating: 5/10

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        45 min
      • Investing: Talking To My Daughter About The Economy by Yanis Varoufakis
        Talking To My Daughter About The Economy: A Brief istory of Capitalism

        By Yanis Varoufakis

        In this letter to his teenage daughter, one of the world's most famous economists uses vivid stories to explain what economics is and why it is so dangerous. What is money and why does debt exist? Where do wealth and inequality come from? How come economics has the power to shape and destroy our lives? Economics is not a technical science, it is an epic drama: a battleground of ideas, a war between the powerful for our allegiance. In this universally accessible book, Yanis Varoufakis describes how this drama first emerged and has since come to dominate the fate of human societies worldwide. In answering all of the big questions about money and debt, power and inequality, he shows how economics has sought to solve the problems of our world but ended up being a major cause of many of them. Drawing on history and literature, science fiction and personal memories, this intimate and inspiring book shines a light for readers of all ages on some of the most bewildering questions and important challenges that humanity faces.

        Key Takeaways
        • Surplus is what made Europeans conquer Australia, and not the other way around.
        • Having a surplus meant noting down who gets how much of it and when (creating the need for money, writing, bureaucracy).
        • Capitalism, shows Varoufakis, is the most efficient machine ever invented for generating this surplus, though with one fatal flaw: it is structurally prone to increasing inequality, which also makes it susceptible to periodic crises.
        • Host rating for 'Talking To My Daughter About The Economy'
          Nico

          Rating: 8/10

          Sam

          Rating: 9.5/10

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          46 min
        • Investing: Introduction to Investing
          Introduction to Investing

          We live in a capitalistic society, where everything revolves around adding value. Adding value can be anything: farmers, bakers, architects, artists, teachers, athletes. When you go to school, you are being trained to bring value to society. After you finish school and start working, you are being paid for creating value.

          In this episode, we will lay down the groundwork for the rest of the book that we will be reading in this season. We will also discuss why should everyone should take investing seriously or at least think about.

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          40 min
        • Body Recap
          Recap of the human body books that we have read
          • If Our Bodies Could Talk: A Guide to Operating and Maintaining a Human Body - James Hamblin
          • Why We Sleep: Unlocking the Power of Sleep and Dreams - Matthew Walker
          • Breath: The New Science of a Lost Art - James Nestor
          • Lifespan: Why We Age – and Why We Don't Have To - David Sinclair
          • Gut: The Inside Story of Our Body's Most Underrated Organ - Giulia Enders
          • Burn: New Research Blows the Lid Off How We Really Burn Calories, Lose Weight, and Stay Healthy - Herman Pontzer
          • Death by Food Pyramid: How Shoddy Science, Sketchy Politics and Shady Special Interests Have Ruined Our Health - _Denise Minger _
          • Born to Run: A Hidden Tribe, Superathletes, and the Greatest Race the World Has Never Seen - Christopher McDougall
          • Nico's Top 3
            1. Lifespan: Why We Age – and Why We Don't Have To
            2. Burn: New Research Blows the Lid Off How We Really Burn Calories, Lose Weight, and Stay Healthy
            3. Why We Sleep: Unlocking the Power of Sleep and Dreams
            4. Sam's Top 3
              1. Why We Sleep: Unlocking the Power of Sleep and Dreams
              2. Lifespan: Why We Age – and Why We Don't Have To
              3. Born to Run: A Hidden Tribe, Superathletes, and the Greatest Race the World Has Never Seen
              4. Subscribe!

                If you enjoyed the podcast please subscribe and rate it. And of course, share with your friends!

                37 min
              5. Body: Born to Run by Christopher McDougall
                Born to Run: A Hidden Tribe, Superathletes, and the Greatest Race the World Has Never Seen

                By Christopher McDougall

                Inspiration for reading this book came when Nico's friend came for dinner wearing these weird-ass shoes. Naturally - he asked him about it, cause Nico love weird stuff, and told him that humans have evolved to walk and run barefoot, and that cushioned shoes are the reason why so many people have issues in their knees, hips and backs, both from running but also from daily life.

                And the best way to convince Nico of anything is to tell him that ancient humans used to do it differently. So he was immediately convinced and told Sam that they should read Born to Run for the body series. Although, they already started the recordings for the next season on investing. So here they are!

                Key Takeaways

                *The power of chia: dissolve chia seeds in water with sugar and lime juice. Chia are packed full of Omega 3s, Omega 6s, protein, calcium, iron, zinc, fiber and antioxidants.

                • There are hidden truths about modern running shoes, that big brand s don't want you to know.
                • We are made to run long distances.
                • Small strides has benefits.
                • Lot of ultra marathoners go vegan.
                • Tarahumara just don't run, they live in a nature.
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                  34 min
                • Body: Death by Food Pyramid - Denise Minger
                  Death by Food Pyramid: How Shoddy Science, Sketchy Politics and Shady Special Interests Have Ruined Our Health

                  By Denis Minger

                  Denise Minger shares her personal story about how she got convinced to go all-out raw vegan at a pretty young age. She initially saw tremendous health improvements, but after a while she started losing a lot of weight. She decided to stop eating vegan after her dentist told her that he/she had never seen such bad teeth in someone her age.

                  She exposes the forces that overrode common sense and solid science to launch a pyramid phenomenon that bled far beyond US borders to taint the eating habits of the entire developed world.

                  At the end, she makes a comparison between three of the most popular diets, and instead of looking at their differences, she looks at what they have in common.

                  Paleo Diet

                  Eat like our ancestors, focused on unprocessed foods

                  Caveat: _some vegetables are starchy and some fruits are high in sugar _

                  Mediterranean Diet

                  Lots of Veggies, grains and olive oil.

                  Caveat: also snails and fasting

                  Plant-based Diet

                  Centered around unprocessed starches, along with some non-starchy vegetables and some fruit.

                  Caveat: No known human population has ever lived exclusively on plants and thrived

                  Together, these three diets omit:

                  • Refined sugar
                  • Refined flour
                  • Processed vegetable oils
                  • Anything coming in a plastic or tinfoil, microwaveable package
                  • Anything too processed
                  • Key Takeaways
                    • Eliminate Refined carbs
                    • Eliminate Refined sugars
                    • Eliminate High omega 6 vegetable oils
                    • Secure a source of essential fat-soluble vitamins (shellfish, fish-eggs, high fat dairy, organ meat, cod liver oil) OK to have small amounts
                    • Find nutrient-dense foods from the animal and plant kingdom, including seaweeds, fruits, berries, vegetables
                    • For animal foods: replace muscle meat by nose-to-tail eating
                    • Respect your genetics (keep track of you blood markers)
                    • Don’t fall into group thinking, don’t become your diet
                    • Health is more than what you shove in your mouth
                    • Subscribe!

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                      33 min
                    • Body: Burn by Herman Pontzer
                      Burn: The Misunderstood Science of Metabolism

                      By Herman Pontzer

                      We burn 2,000 calories a day. And if we exercise and cut carbs, we'll lose more weight. Right?

                      Wrong.

                      the Hadza, who every day move around for ~4 hours and 15,000 steps, use the same amount of energy as couch-potato North Americans.

                      Exercise doesn't increase our metabolism. Instead, we burn calories within a very narrow range: nearly 3,000 calories per day, no matter our activity level.

                      Our extremely effective "metabolic compensation" shifts calories around so we break even at the end of the day no matter how much we move.

                      Basically, you can't lose weight through exercise. Reducing caloric intake is the only way. HOWEVER, the manifold health benefits of exercise still make it the single most healthful activity we can do.

                      The best diet is the one we can stick to.

                      It may be that the most spectacular athletic feats are the result not just of great training, but of an astonishingly efficient digestive system.

                      Interesting points:

                      Faster metabolism = more fat reserves needed (humans have more fat than apes).

                      Metabolism is not optimized for ‘looking good’ or even being healthy, it is shaped by natural selection to optimize for reproduction
                      The slower a species burns energy, the longer it tends to live. Exercise makes you live longer by consuming energy that would otherwise go to other things.
                      Difference between animals: mouses channel most energy in reproducing, sparrows can channel more into maintenance and repair
                      We match the energy we expend to the energy we eat each day (hard to maintain weight loss)
                      Calorie restriction reduces base metabolic rate of cells. They work slower
                      Why are we fat? Food. Too much variety + engineered food designed to be overeaten
                      Humans focus on survival over reproduction (kids fighting disease grow less)
                      If you excercise, less energy can go to inflammation
                      High physical activity -> lower testosterone (good thing, lower rate of cancers inn reproducttive systems)
                      Cooked food has more available calories

                      Comments:

                      Disappointing that the whole book used the imperial system

                      Not many solutions

                      Subscribe!

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                      33 min
                    • Body: Gut by Giulia Enders
                      Gut: The Inside Story of Our Body’s Most Underrated Organ

                      by Giulia Enders

                      For too long, the gut has been the body’s most ignored and least appreciated organ, but it turns out that it’s responsible for more than just dirty work: our gut is (literally and figuratively) at the core of who we are.

                      The book starts with a voyage through our full digestive tract, discussing the pain-killing powers of our saliva, the shape and structure of our intestines, and the best position to sit on the toilet.

                      The second part discusses the nervous system of the gut, why we vomit, why we have acid reflux and what causes constipation or diarrhea.

                      In the final part it discusses what was for me the most important/relevant part, which is the microbiome in our gut, which has more effect on our lives than we could imagine.

                      The book was easy to read, did not contain too much jargon and tried to keep things light.

                      Interesting facts:
                      • 95% of our body's serotonin is produced in our gut.
                      • having a baby by caesarean section can leave the child more prone to asthma
                      • links between certain gut flora and depression, risk taking, and suicide
                      • Too much cleanliness is a bad thing (babies born on antarctica)
                      • Bacteria might help longevity (bulgarian yoghurt), Korean paradox (high salt, low hypertension and cardiovascular disease)
                      • Actionable advice:
                        Do something good for your gut flora.

                        Eat some prebiotic foods such as artichokes, asparagus, green banana, garlic, onions, parsnips, whole wheat, rye, oats or leeks.

                        Help your bacteria.

                        You feel much better when you help your bacteria process the food you eat every day. Therefore, better grab the whole-grain bread instead of that baguette.

                        30 min

                      About Wiser Than Yesterday

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                      In-depth breakdowns of some of the worlds most thought-provoking and inspiring books.