Rational VC Podcast (@rationalvc) profile picture

Learn from history's Greatest Minds — and find Timeless ideas you can apply to business and life. Top-25 Podcast exploring Timeless books: https://teapaw.org/t.co/sRpahoWUHK

London → Spotify/YouTube
Joined August 2020
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The long awaited episode on Nassim Taleb's "The Black Swan" is now live on all platforms 🎙📺 Trailer below 👇🏻 . @iman_olya and @CyrusYari break down the key concepts from the book, discuss their experiences and provide actionable takeaways from the book rationalvc dot com
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co-sign. especially in this corner of X that I'm on: many of you have never truly been smacked in the face with a crisis or the harsh realities of life, and it shows. talk good tings, but don't talk about hardship. you don't know hardship bruv.
What are these "hard things" these grifters talk about? They all talk like they grew up orphans in a slum in Kinshasa. Just shut up.
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no one ever really did this for me - immigrants just try to survive - so for me it all came from within & spoke like this to myself. maybe cos i was born in slums & realised only way is up. but i've done this for many others. i was their "Mourinho" 🥲 whether it was ppl's careers, education, business, making content online. boosting their confidence & vision to grab it by the fucking horns. feels good.
It's so important to have people in your corner who have a vision for your life that exceeds the limitations of your own world view because when those people speak life into you magic and wonders can happen.💫
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this weekend read the Timeless published 50+ yrs ago & read the timely published in last ~24 hrs (& nothing in between). elite timely reads: - @Dominic2306 on AI and Power - dominiccummings.substack.com… - @WillManidis on capital, sovereignty, and the coming reordering of economic power - THE COMMANDING HEIGHTS Commanding-Heights.com - @Jack_Raines on Prestige Traps and Technological Shifts - youngmoney.co/p/prestige-tra…
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I don't listen to many podcasts nowadays, but when I do... a phenomenal episode to learn from two gents with immense knowledge & passion in books/publishing. 👍
Writing, Publishing & Marketing a Book in the AI Era Tren Griffin (@trengriffin) is the author of Charlie Munger: The Complete Investor and the 25iq blog, and is writing his eighth book. Tren joins us to discuss why writing a book is rarely about money, why every author is really starting a business, how to build a book in public, and why deep knowledge makes for better AI prompts. He also reveals the Charlie Munger lesson that changed his life during the dot-com boom. Out now on Infinite Loops, with @jposhaughnessy. TIMESTAMPS 0:00 Intro 0:51 Why Jim Started a Publishing Company 1:23 How Book Deals Are Changing 1:53 Why Write a Book If It Won't Make Money 2:57 How a Book Put Jim on the Map 3:33 Books That Reach Decision Makers 5:28 Every Author Is Starting a Business 6:34 Inside Infinite Books: AI Fact-Checking and Marketing 10:06 Paying It Forward and a 70/30 Author Split 13:14 Write for Yourself, Then Tell Stories 14:09 The Morgan Housel Hire That Got Away 15:50 Why Infinite Books A/B Tests Its Covers 18:26 Finding a Book's Readers With Data 19:52 Give Before You Ask 20:30 Word of Mouth and Customer Acquisition Cost 21:58 Free AI vs. Frontier AI 25:14 AI Indexing and Text Blindness 28:34 Nobody Has Perspective on Themselves 29:02 Why Writing for Money Backfires 33:13 What Authors Hate About Publishing 35:10 Bill Gurley's Runnin' Down a Dream 36:50 The Grocery Store Theory of Life 38:51 Charlie Munger: You Only Have to Get Rich Once 41:08 Simplifying the Kelly Criterion 43:31 The Curse of Knowledge 44:57 How Tren Profiles Great Investors 46:52 What Bad Reviews Teach 50:29 Why AI Feels Like the 1993 Internet 50:45 AI Is Dual Use, Like Fire 56:26 AI Lets Authors Own the Whole Stack 58:00 Why Books Follow a Power Law 59:55 How to Build a Book in Public 1:02:51 Marketing When Distribution Costs Almost Nothing 1:04:32 Why Writing Needs Uninterrupted Time 1:06:04 Why Jim and Tren Stopped Using Google 1:07:38 Knowing More Makes You a Better Prompter 1:08:24 Is Serious Reading Dying? 1:15:08 Using AI to Read Hard Books 1:18:53 How to Become More Curious 1:21:50 Try Everything, Collect Stories 1:23:14 The Great-Story Test 1:25:13 Growing Up Curious in Seattle 1:29:16 Tren's Next Book 1:30:42 Happiness Is a Byproduct 1:31:48 Don't Take the Turd 1:34:36 Reciprocity, Manipulation and Social Media 1:38:52 No W-2 Doesn't Mean Retired 1:40:18 Never Retire: Jim's Grandfather's Advice 1:42:03 Two Ideas for the World
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self-awareness is even rarer now that most have outsourced entire tinking & decisions to AI. How do I feel? I don't fkin know, hey claude bruv how do i feel? also reminds me of Munger's circle of competence. I for one would rather die than work "996" for someone else. but for maself? oh yea. We all have a circle of competence (& tolerance) – an area in which we have a lot of earned knowledge or tolerance for said thing. The size of that circle is not important. What is important is knowing when you are approaching the perimeter.
I am concerned a lot of people are going to learn the wrong lesson from extraordinary individuals like Nik. Is he amazing? YES. Has he built a spectacular business? YES. Do I have tremendous respect for him? YES. Should *you* mimic him? For 90% of people, the answer is NO. Would *you* burn out if you even remotely attempted to replicate his work? For 90% of people, the answer is YES. You need significant self-awareness to understand where you stand, what you truly want out of life, what risks are you willing to take, what pain are you ready to endure and for how long. And self-awareness is surprisingly rare. It's not easy. It's like when people tell me "Steve Jobs did this and that". OK buddy, but you ain't Steve Jobs.
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hiring is just sales getting a job is entirely different skill set from doing the job Rational School hiring accelerator has a near 100% placement rate, & u don't pay most of fee unless u're placed (we have skin in the game) next available spots = January rational [.] school
A Princeton Ph.D. applied to 2,300 jobs. He still can’t get one, per WSJ.
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22 yr old emailed me, asking for advice. i receive many of these now for last 6+ yrs. he did the degree, big corpo internships & can now do the corpo thing, but he wants to forgo that and build physical cleaning business in Europe. his parents worried. my quick reply to him:
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as uncertainty in the world increases, more important than ever to have optionality. optionality -> freedom. freedom is the biggest asset. you don't want to remove serendipity and opportunities for asymmetry. - i.e. not locking yourself into illiquid "ASSets" like real estate (unless you're buying your forever home in cash, even then you're betting on that jurisdiction & its rulers for 50+ years. don't be fooled by randomness: keep in mind the risk that your home may become totally unsellable one day as we are seeing with London leasehold properties rn). ignore the illiquid. - never take mortgages or any form of loans/debt. you're not a private equity boss bro. debt removes optionality, creating a prison for yourself, especially long-term debt as you're at the mercy of imbecilic policymakers. retail debt is extremely expensive & dangerous. - living within your means & not indulging in excess consumerism & physical belongings that tie you down or may force you to sell for scrap or take up mental bandwidth. - not locking yourself into a job that requires in-office presence and prevents location freedom. - learning and earning outside of your day job to stack extra skills/incomes to be more resistant to employment shocks given rise in AI replacement theory etc. - using the "job" as non-dilutive financing to fund your asymmetric bets (working on high-leverage projects online) & many more.
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i've been VC investing since 2022. I've invested with "TiEr-OnEs", "eMErGiNg gPs", & more. I've had offers to join VC firms or even take a lot of their money & launch something. But I'm not a charlatan, it's a side quest for me. I mostly invest to have fun @ rational [.] fund
I’ve been DJing since 2018. I’ve played at clubs, small festivals, Burning Man, etc. I’m technically professional but it’s a side quest for me. I mostly play for / with friends to have fun and spread joy.
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i remember once i tried to do the indie hacking thing of sharing $ wins (like a screenshot of MRR or lots of purchases coming thru) within minutes, Ali Carpet aka Tehran Tony aka Iranian Fat Tony sent me a message, telling me to delete that shit, not only cos of evil eye but the general wider consequences. & Tehran Tony is always right on these old school tings. so i listened. 🧿
Because he disclosed how much he gets from there and you know how that goes 🤷🏾‍♀️
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