I think we're moving from a world that was designed by institutions for the 68 % in the middle of the bell curve, to a mantl broad, chaotic distribution pattern. I'd personally probably have a lot more faith in what's emerging now in terms of the largest variance amplifier thatt world has ever seen - the internet. And so i think a lot of great things are going to happen to people on the right side of the taile. It's the people on the left side of the tale that i'm worried about, that i think we collectively need to think a lot about.
Ben Hunt is the creator and primary author of Epsilon Theory, and co-founder and CIO at Second Foundation Partners. Epsilon Theory is a newsletter that examines markets through the lenses of game theory and history. Over 100,000 professional investors and allocators across 180 countries read Epsilon Theory for its fresh perspective and novel insights into market dynamics. You can follow Ben on Twitter at https://twitter.com/EpsilonTheory and read Epsilon Theory here: https://www.epsilontheory.com/ Show Notes:
- Neurolinguistic hard reset
- Ben’s days at Harvard
- Why Klaus Schwab is a raccoon
- Human beings are social animals
- How language impacts and limits us
- The cost of the Metaverse
- How the nudging state is rewiring us
- Does narrative follow price, or is it the inverse?
- Traders respond to stories everyday
- How technology can fight the nudging state.
- NOAH: An ark of stories on the blockchain
Books Mentioned:
- The WEIRDest People in the World; by Joseph Henrich
- How the Irish Saved Civilization; by Thomas Cahill