In this episode, Patrick McKenzie (patio11) is joined by Zvi Mowshowitz (TheZvi) to discuss his wide-ranging career as a professional Magic: The Gathering player, sports gambler, equities trader, public intellectual on the covid-19 epidemic, and AI-focused journalist. They go into depth on how trading happens in less formal markets with lessons that resonate in more formal markets. They also explore the fallacies of rational decision-making in large organizations, the significance of obsession and practice in achieving excellence, and exchange predictions on AI.
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Full transcript available here: https://www.complexsystemspodcast.com/betting-trading-zvi-mowshowitz/
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Links:
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Twitter:
@patio11
@TheZvi
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Timestamps:
(00:00) Intro
(00:16) Meet Zvi Mowshowitz
(04:11) Trading and Magic: The Gathering
(07:24) Professional sports gambling
(11:58) Navigating the sportsbook market
(22:33) Sponsor: Check
(23:48) Financial markets vs. sports betting
(34:02) Covid-19 early predictions
(43:21) Covid-19 policy failures and blame
(49:52) Vaccine rollout chaos
(01:01:11) The importance of scaling effective strategies
(01:14:46) AI predictions
(01:23:58) Wrap
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Complex Systems is part of the Turpentine podcast network. Learn more: Turpentine.co
