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Peter Thiel

Ray Dalio: The Type of Person Who Shapes the World | The Anti-MBA

Institutions that are “too big to fail,” and have a significant risk of doing so, should be broken into pieces that are small enough to fail without jeopardizing the financial system. As Alan Greenspan finally admitted, “Too big to fail is too big.” This is a catchy sound bite but it misstates the real problem. It’s not the mere size of an institut

Edward O. Thorp • A Man for All Markets

Printing money is a stealth tax on wealth that disincentivizes holding money, as above. It has the same first-order effect on wealth transfers but has hidden second-order effects of misdirecting capital due to political expediency and cowardice.

Sacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism

These are all highly contestable statements.

W. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium

Leo Melamed, Man of the Futures: The Story of Leo Melamed & the Birth of Modern Finance

J. Christopher Giancarlo, Cameron Winklevoss, • CryptoDad: The Fight for the Future of Money

6 discussion topics on which David agrees with Taleb:(1) [p. 286] The sterilized randomness of games does not resemble randomness in real life; thinking it does constitutes the Ludic Fallacy (his neologism). This is exactly right, and mathematicians should pay attention. In my own list of 100 instances of chance in the real world, exactly 1 item is... See more

David Aldous • Taleb, Nassim Nicholas. The Black Swan: The impact of the highly improbable. Random House, 2007.

Gordon DeWitte

@gordo

no more need to have them enforce our contracts.