AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Luca Dellanna on Risk, Ruin, and Ergodicity
EconTalk
How to Determine Whether Something Is a Godick or Non Ergodick
There is no single process I can think of in real life, which behaves organically. We're talking about playing poker, for example, or playing blackjack. The big question is how non ergodick it is. How can I make it more a godick? And how can I reduce the risk of ruin?
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