#4382
Mentioned in 5 episodes
The Dao of Capital
Austrian Investing in a Distorted World
Book • 2013
In 'The Dao of Capital', Mark Spitznagel presents a unique investment methodology that blends Daoist principles with the Austrian School of economics.
The book takes readers on a journey through various historical and geographical contexts, from the Chicago trading pits to ancient China and 19th-century Austria, to illustrate the roundabout approach of seeking intermediate positional advantages rather than direct gains.
Spitznagel emphasizes the importance of understanding markets as a process and the need to see time differently, highlighting the counterintuitive nature of Austrian investing where one gains by losing and loses by gaining.
The foreword by Ron Paul adds additional insights into the application of Austrian economics in investment strategies.
The book takes readers on a journey through various historical and geographical contexts, from the Chicago trading pits to ancient China and 19th-century Austria, to illustrate the roundabout approach of seeking intermediate positional advantages rather than direct gains.
Spitznagel emphasizes the importance of understanding markets as a process and the need to see time differently, highlighting the counterintuitive nature of Austrian investing where one gains by losing and loses by gaining.
The foreword by Ron Paul adds additional insights into the application of Austrian economics in investment strategies.
Mentioned by
Mentioned in 5 episodes
Mentioned by 
David Senra in relation to Bernays' indirect approach to public relations, drawing parallels to Spitznagel's concepts.
David Senra in relation to Bernays' indirect approach to public relations, drawing parallels to Spitznagel's concepts.
190 snips
#256 Edward L. Bernays (Public Relations, Advertising, & Persuasion)
Mentioned by David Senra as the author of "The Dao of Capital", a book recommended for its perspective on time from an entrepreneur's viewpoint.
David Senra as the author of "The Dao of Capital", a book recommended for its perspective on time from an entrepreneur's viewpoint.104 snips
#80 Henry Ford (Today and Tomorrow)
Mentioned by David Senra in relation to the strategies of conifer trees and their parallels to business.
David Senra in relation to the strategies of conifer trees and their parallels to business.71 snips
#175 Theodore Roosevelt's Darkest Journey
Mentioned by Anthony Pompliano as a book aligning with Bitcoin ethos, emphasizing long-term thinking.
13 snips
#171 – Anthony Pompliano: Bitcoin
