#70 Mark Spitznagel: The Dao of Capital

What I learned from reading The Dao of Capital: Austrian Investing in a Distorted World by Mark Spitznagel.

Klipp's Paradox (0:01)

the whole point of my approach to investing is that we must be willing to adopt the indirect route to achieve our goals (14:00)

finding his life's work (19:00)

if my children will only read one book on economics I would be Economics in One Lesson (25:30)

why it is always possible to start new, successful companies (30:00)

the point is not to go slow to stay glow. it is to go slow now so you can go faster later (34:15)

Robinson Crusoe and roundabout production (39:30)

Henry Ford as the quintessential roundabout entrepreneur (45:00)

how Mark uses roundabout in his investing (54:00)

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