Inversion

topic on 2 shows · 2 statements across 2 episodes

Founder's Journal Capital Allocators

2 statements about Inversion, every show

Lieberman: Avoiding stupidity is easier and more effective than seeking brilliance
“It says that avoiding stupidity is easier than seeking brilliance, and Munger has famously said, all I want to know is where I'm going to die, so I'll never go there.”
Alex Lieberman Dec 4, 2023 ▶ 2:37 13 Dangerous Psychological Biases
Parrish: Under uncertainty, eliminating bad outcomes reliably produces good outcomes
“When you don't know, and there's a lot of uncertainty, it's like, if we can avoid all the bad outcomes, Then we can't help but get ourselves a good outcome, right? So it means just approaching things backwards and being like, what do we want to avoid? And how …”
Shane Parrish Nov 16, 2020 ▶ 46:10 Shane Parrish – Learning to Learn at Farnam Street (Capital Allocators, EP.164)

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