

Random Ramblings September 2024: heavy selection bias, probabilities & terminal 0's, returns on fame
Sep 24, 2024
Dive into the intriguing world of selection bias and how it affects investment strategies. Explore the risks of focusing on one company or sector and challenge your perceptions of probability. Discover the significance of terminal value risk and its varied impact across industries like coal, tobacco, and Uber. Plus, learn how fame can enhance financial opportunities, particularly in entertainment and sports. This lively discussion seamlessly merges finance with engaging insights.
Chapters
Transcript
Episode notes
1 2 3 4 5
Intro
00:00 • 2min
Investment Biases and the Value of Probability in Finance
01:40 • 8min
Understanding Terminal Value Risk and the Increasing Returns to Fame
09:20 • 8min
Evaluating Investment Potential in Evolving Markets
17:22 • 2min
Exploring Optionality and Management Impact in Small Investments
19:06 • 3min