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Podcast highlights created and posted by Siem Te Hennepe on Snipd
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Chuck Akre - The Three Legged Stool - [Invest Like the Best, REPLAY]
Imagination Over Pure Knowledge in Investing
AI Key Takeaways
- Participation in business evolves and continues to evolve.
- Less pure fundamental research is done today compared to years ago.
- Ideas bubble up through reading and discussions.
- Imagination is as or more important than knowledge.
- Being very bright does not necessarily make one a good investor.
@siem
Aswath Damodaran: Read Less. Think More.
The Challenge of Converting Data into Usable Information
AI Key Takeaways
- Having a strict rule of never buying a stock with a P ratio greater than 25 can lead to holding dying companies and value traps in one's portfolio.
- The availability of data has increased significantly in the past 25 years, but the challenge now lies in converting that data into usable information.
- When people are overwhelmed with too much data, they tend to rely on simplistic rules and mental shortcuts.
- Converting data into usable information requires discipline and structured thinking.
- The challenge is to figure out how to convert the abundance of available data into practical insights for investing and valuation.
@siem
Things You Thought You Knew – Where the Sun Don’t Shine
The Origin of the Names for the Days of the Week
AI Key Takeaways
- The classical planets of antiquity were referred to as wanderers or planetes in Greek, which is the origin of the word planet.
- There were seven planets in ancient times: the sun, the moon, Mercury, Venus, Mars, Jupiter, and Saturn.
- The names of the seven days of the week are connected to the gods associated with those days in Greek, Roman, and Norse mythologies.
- Thursday in several romance languages is named after Jupiter, which corresponds to Thor in Norse mythology.
- All of these celestial objects are always in a line during any given night.
@siem
Things You Thought You Knew – Where the Sun Don’t Shine
Why is Our Sky Blue?
AI Key Takeaways
- The height of the sun above the horizon is low at the South Pole of the moon.
- Some craters at the lunar South Pole never see sunlight.
- The lack of atmosphere on the moon causes shadows to be pitch black.
- Scattered light from the atmosphere creates a blue sky on Earth, but the moon has no scattered light.
@siem
Why do we have a moon?
The Role of the Moon in the Evolution of Life on Earth
AI Key Takeaways
- The moon's gravity creates tides in Earth's oceans.
- The moon's tides mixed water and helped move primitive life forms.
- The moon's tides brought life to continental shelves and eventually reached the shore.
- The moon likely played a role in the evolution of land animals from fish.
- The moon influences Earth's climate, atmosphere, temperature gradients, and seasons.
- The moon's mass and momentum stabilize Earth's tilt and orbit, keeping the climate stable.
- Earth's stability is highlighted when compared to Mars.
@siem
Why do we have a moon?
The Lost Planet and the Creation of the Moon
AI Key Takeaways
- The rocks from the Apollo lunar samples revealed mysteries about the collision between Earth and the lost planet Thea.
- The chemical composition of the moon rocks showed similarities between the Earth and the moon.
- The giant impact hypothesis suggests that Earth and Thea melted together, forming a rotating disk of molten rock droplets.
- Evidence of Thea may be found in two strange and dense regions in the Earth's mantle.
- A theory proposes that these dense regions in the mantle could be remnants of Thea.
- Proving this theory is challenging due to the difficulty of obtaining samples from the mantle.
- Scientists continue to search for evidence of Thea and explore the mysteries of moon creation.
@siem
Why do we have a moon?
The Mysterious Origins of the Moon
AI Key Takeaways
- The moon is covered in a special rock called a north recite
- Scientists believed the moon could have been a giant magma ocean
- The moon's formation was likely due to a giant impact
- The moon is the core of a planet that was destroyed
- The moon should have had the same chemical makeup as Thea, but it resembles Earth
- The object that collided with Earth and formed the moon remains unknown
@siem
Why do we dream?
The Evolution of Dreams
AI Key Takeaways
- Dreams went from being the holy grail highway to our unconscious to something we are unsure about
- There is a spectrum of answers when it comes to the importance of dreams
- Dreams can be seen as a byproduct of imagination and creative thinking
- Dreams may be accidental and not evolved behavior
- Humans have a brain that likes patterns and a social brain that likes sharing patterns
@siem
Things You Thought You Knew – What is Energy?
Fascinating Fact About Wheels
AI Key Takeaways
- At any given moment, part of the wheel in contact with the pavement is not moving at all.
- If the car were skidding, the part of the wheel in contact with the road would be moving forward.
- The center of the wheel is moving forward at the same speed as the car.
- The top of the wheel is moving forward twice as fast as the car.
- The bottom of the wheel is not moving at all.
- The math and physics of an axled wheel on a moving vehicle determine these speeds.
@siem
Things You Thought You Knew – What is Energy?
The Origins and Understanding of Energy
AI Key Takeaways
- Energy has profound origins rooted in the discoveries of Isaac Newton.
- Early ideas of energy treated it as a movable thing called logistin or caloric.
- Understanding molecules and atoms played a crucial role in understanding energy.
- Energy can be stored in different ways and is not always manifesting.
- The highest point of a roller coaster is where potential energy is stored and can be calculated.
- Potential energy converts to kinetic energy when the roller coaster descends.
@siem
#328 — Health & Longevity
2 Facts About Nutrition
AI Key Takeaways
- Food has been relatively scarce for most of human history
- The brain is what differentiates humans from other species
- The capacity to store energy allowed humans to surpass other species
- Excess energy is stored as fat or glycogen
- Humans can go relatively long periods without food
- Shift to food abundance in the last century has shown drawbacks of excess energy storage
- Too much nutrition is chronically bad, while too little nutrition is acutely bad
- Certain amino acids, fatty acids, vitamins, and minerals are essential for life
- Certain bacteria and toxins are problematic for humans
- There are limitations in making definitive statements about specific nutrition quantities or effects on the body
@siem
540. 3 Lies That Kill Your Success
How to Be a Successful Entrepreneur
AI Key Takeaways
- Every great thing ever created was done so by people who were tired.
- Tiredness is a normal part of being human and should not be used as an excuse.
- Successful people push through tiredness and create a competitive advantage over others.
- Pushing through tiredness helps develop a unique skill set to operate at a high level.
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