5min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP485: Market Updates, Ray Dalio Retiring, Elon Buying Twitter and Elemental Power w/ Josh Wolfe

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

A Continent of Chaos

The main thesis in androol is that bad stuff is going to happen. It's expecting that there will be black swans, he says. And so we've always been investing in companies that have sort of benefited from these low probability high magnitude events. There are brilliant people working inside the Pentagon but it doesn't move like a James Bond-tell-you-telling army.

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