21min chapter

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#691: Nassim N. Taleb & Scott Patterson — How Traders Make Billions in The New Age of Crisis, Defending Against Silent Risks, Personal Independence, Skepticism Where It (Really) Counts, The Bishop and The Economist, and Much More

The Tim Ferriss Show

CHAPTER

Germany's Nuclear Program and the Safety of Banking Sector

This chapter discusses Germany's decision to shut down their nuclear program after Fukushima incident, the dangers of large reactors, and the shift of risk from banks to hedge funds since 2008. It also highlights the concept of 'skin in the game' in hedge funds and the fragility of startups in the venture capitalist world.

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