AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Black Swans, Stock Market Crashes and the Chaos Kings
The Compound and Friends
The Importance of Managing Risk Systematically
Naseem: Value at risk and bell curves like work most of the time. But if you rely on them, talk all of the time, you're going to blow up. "If everything that you're running is based on a model that's assuming that tomorrow is going to be just like it was yesterday, you're gonna run into a steamroller," he says.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode