📝 Strong Finish

Wealth

1/ 3 Cs Statistical Noise: Calm, Context, Curiosity - Charlie Munger

Notice your own emotions and incentives; they exert a strong influence on the decisions you make
Understand the context of numbers and make good comparisons (Fund return vs stock market average)
Treat each new piece of information as an opportunity to ask questions and find out about the world, rather than a tool to defend your views

2/ Don't Miss: The truth of it is all of us are very seldom going to get a really good opportunity that we can seize”. “It really matters when the few do come along you reach out and grab them vigorously” – Charlie Munger

3/ What Did the Efficient Market Economist Do When He Saw $50 on the Ground? He refused to pick it up and denied its existence because ‘the market would have picked it up already, so it can’t be real’ - Charlie Munger

4/ The 5 Biggest Threats to Bitcoin: Custodial Risk, Rehypothecation, Supply Overhang, Fed Policy, Concerted State Attack - Vijay Boyapati

5/ The Original Key Value Driver of Social: Kim realized early in her career that social media can be used as a ‘free focus group’ leading to the exponential growth of her brand – Kim Kardashian

6/ Which Web is Which: Balaji Srinivasan

Web 1 – Can we build it?
Web 2 – Will they buy it?
Web 3 – We can build it, we know they’ll buy it, but will they ban it? Web 3 is the reform of the ancient institutions – the fed, the banks, journalism, media, and governance.

7/ The Government Is Awful at Capital Allocation: “Imagine enormous amounts of money being thrown into the woodchipper, that’s what the government is”. - Balaji Srinivasan

8/ Which Way Western Man? “Progressives want more government, conservatives want less government, libertarians want no government, and technologists want new a government.” - Balaji Srinivasan

Wisdom

9/ How To Learn Anything: Tim Ferriss

Deconstruction – breaking down skills into smaller component skills
Selection – 80/20 analysis, find the 20% of material that provides you with 80% of performance
Sequencing – deciding what order to practice things in
Stakes – what are the consequences of not following through

10/ “Worrying is like praying for what you don’t want” – Tim Ferriss

11/ Cancel, Cancel Culture: By canceling someone, you deprive them of the opportunity to understand and improve - Kim Kardashian

Health

12/ Tim Ferriss's Sleep Secrets: Tim Ferriss

Consumes enough fish oil to achieve an EPA (Eicosapentaenoic acid) level of 1 gram
Magnesium Threonate & Apigenin before sleep
Taking higher levels of B6 in the morning
Getting outside as soon as he wakes up (5-15minutes per day)
Delays caffeine intake for 60-90 minutes after waking up

13/ Intro Vs. Extro - Verts: Introverts release more dopamine in social interactions so need less of them, while extroverts release less dopamine in social interactions and need more of them to feel filled up - Dr. Andrew Huberman

14/ Right vs. Left Brain Bonding: The right brain handles more autonomic forms of bonding (e.g., heart rate, pupil size) versus the left brain which is responsible for more conscious forms of bonding (e.g., reading to your child) - Dr. Andrew Huberman

15/ What is a "Meta-Analysis": Combine data from multiple studies that are attempting to look at the same question. This seems great on the surface but is highly dependent on the quality of the original studies: garbage in, garbage out – and vice versa - Dr. Peter Attia

Me Thinks It Is a Weasel | Charlie Munger & Tim Harford on Think with Pinker

#557: Q&A with Tim — Tools for Better Sleep, Musings on Parenting, The Different Roles of Fear, The Delight of Deepening Friendships, The Purpose of College, How to Boost Your Mood, HRV Training, and More

The Power of Kim Kardashian

Episode 51: Science Of Social Bonding In Family, Friendship & Romantic Love

AMA #30: How To Read And Understand Scientific Studies

The Bearish Case for Bitcoin

Holiday Fireside Chat with Balaji Srinivasan and Ryan Selkis