Luca Dellanna | Ergodicity & It's Role In Taleb's Incerto
The Incerto Podcast
The Power of Compounding
This chapter discusses the concept of compounding and the benefits it brings in various domains. It emphasizes the importance of a long time horizon and explains why being in the top 5% over a long period is better than being in the top 0.1% for a short duration. The speaker believes that compounding applies to almost all domains, albeit to different degrees, and provides examples such as physical strength and writing skills.
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