2min chapter

Clearer Thinking with Spencer Greenberg cover image

Censorship, cancel culture, and truth-seeking (with Iona Italia)

Clearer Thinking with Spencer Greenberg

CHAPTER

The Benefits of Insurance

I think there's some really good justifications for insurance in certain cases. We as humans tend to have concave utility functions with respect to money. So that kind of nonlinearity means that even if buying a certain type of insurance was net negative, you could actually still gain utility buying it. Some insurance is stupid. It's mispriced. It doesn't make sense to buy it.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

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

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