Brené Brown and Edward O. Thorp (#739)

May 22, 2024

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This episode is a two-for-one, and that’s as a result of the podcast lately hit its 10-year anniversary and handed one billion downloads. To have a good time, I’ve curated among the better of the perfect—a few of my favorites—from greater than 700 episodes over the past decade. I couldn’t be extra excited. The episode options segments from episode #409 “Brené Brown — Striving versus Self-Acceptance, Saving Marriages, and Extra” and episode #596 “Edward O. Thorp, A Man for All Markets — Beating Blackjack and Roulette, Beating the Inventory Market, Recognizing Bernie Madoff Early, and Figuring out When Sufficient Is Sufficient.”

Please get pleasure from!

Bios of friends could also be discovered at tim.weblog/combo.

Hearken to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Castbox, YouTube Music, Amazon Music, Audible, or in your favourite podcast platform.

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#739: Brené Brown and Edward O. Thorp

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What was your favourite quote or lesson from this episode? Please let me know within the feedback.

SELECTED LINKS FROM THE EPISODE

SHOW NOTES

[06:06] Notes about this supercombo format.
[07:09] Enter Brené Brown.
[07:30] Altering in a long-lasting, significant approach.
[08:03] Is self-accepted complacency doable?
[10:53] My woo confession a few crux ability.
[13:06] Narcissism: the shame-based concern of being unusual.
[14:06] Efficacy isn’t at all times environment friendly.
[15:48] Pathology as armor that may’t be discarded.
[16:28] What are you unwilling to really feel?
[17:04] Discarding armor that now not serves us.
[21:26] Curiosity as midlife’s superpower.
[22:53] There’s trauma for all of us.
[23:33] An 80/20 marriage hack.
[25:18] Choices in a family-focused household.
[27:04] Parenting from compliance to dedication.
[29:31] Enter Edward O. Thorp.
[29:54] Edward’s background, and what drew him to use arithmetic to playing.
[37:04] Edward’s first blackjack journey to Vegas, reference supplies used, and his assembly with Claude Shannon at MIT.
[40:13] Edward and Claude devised a technique to beat roulette utilizing the primary wearable pc, in keeping with MIT.
[42:16] Regardless of being 89, Edward seems to be nice for his age; he discusses his strategy to staying in form through the years.
[50:22] Edward explains how he received into finance and investing, and the folks he met alongside the way in which.
[59:25] Edward shares what satisfied him that Warren Buffett would sooner or later be the richest man on the planet after their first assembly.
[1:03:58] Edward discusses the frameworks he would train in an investing seminar for contemporary college students, together with these and not using a sturdy math aptitude.
[1:08:52] Edward shares classes realized from investing which might be transferable to different areas of life.
[1:11:02] Edward, a long-term thinker at 89, gives recommendation for individuals who wrestle to suppose past the short-term.
[1:15:40] Edward explains how he found one thing suspicious in regards to the Madoff brothers’ enterprise practices 17 years earlier than others caught on.
[1:24:17] Exploring psychological fashions of externalities, the tragedy of the commons, and basic attribution errors.
[1:33:32] Edward recommends studying and listening materials for individuals who wish to enact optimistic change on the planet, politically or evolutionarily.
[1:38:51] Edward shares which traders, moreover Warren Buffett, impress him and why.
[1:42:52] Edward discusses how he balanced rising a enterprise with private life and what led him to wind issues down.
[1:47:56] Edward defines independence and shares how he spent his time after winding down the funding aspect of his life.
[1:49:30] Edward shares what he’s notably interested in studying in the intervening time.
[1:51:40] Reflecting on a dialog between Joseph Heller and Kurt Vonnegut, and different parting ideas.

SELECTED LINKS FROM THE EPISODE

Join with Brené Brown:

Join with Edward O. Thorp:

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PEOPLE MENTIONED

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The Tim Ferriss Present is one of the preferred podcasts on the planet with multiple billion downloads. It has been chosen for “Better of Apple Podcasts” 3 times, it’s usually the #1 interview podcast throughout all of Apple Podcasts, and it has been ranked #1 out of 400,000+ podcasts on many events. To take heed to any of the previous episodes without spending a dime, try this web page.

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Brené Brown and Edward O. Thorp (#739)

SELECTED LINKS FROM THE EPISODE

SHOW NOTES

SELECTED LINKS FROM THE EPISODE

PEOPLE MENTIONED

Associated and Advisable

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