Adam Sobel: We are stic thinkers living in a probablistic world. One of my first clients was this salt of the earthman who had made his fortune in gold and he's probably 75 at the time, so i want to take it through with him. He says we have an market that is 50/50 asymmetric - if half people are long markets and half want to sell, all markets are going to go down. And when you think about it, as I did, imagine a world where it doesn't exist for sure because Tetla isn't up in his penus shaped building. That's how much risk investors should be willing to put into their portfolios.
In this episode of Infinite Loops, we have not one but two phenomenal guests: Adam Robinson and Bill Brewster! Adam is the co-founder of "The Princeton Review," an author, a rated chess master, and advisor to hedge funds. Bill is the host of "The Business Brew" podcast, a long-form podcast focusing on how investors can improve their decision making. We talk about:
- Choosing your words carefully
- How reliable are memories?
- Chess: Intuitive or Rational?
- Managing the Shannon Limit
- Walking with the data
- and much more!
Learn more about Adam on his website:
https://iamadamrobinson.com/ and listen to Bill's podcast here:
https://www.podpage.com/the-business-brew/