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#717January 3, 20251:09:22

No Small Boy Stuff, Investing Wisdom from Nassim Taleb, plus Cha…

About This Episode

Sam and Shaan explore the 'No Small Boy Stuff' philosophy and analyze a Nassim Taleb experiment that proves having tomorrow's news doesn't guarantee investing success without disciplined bet sizing. They also discuss Sam's advanced AI workflows, specifically how he uses ChatGPT projects as a personalized operating system for health, business strategy, and life coaching.

Episode Description

Get our Business Monetization Playbook: Episode 664: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk about investing wisdom from Nassim Taleb and how to use ChatGPT as a life coach.

Show Notes

  • 0:00No small boy stuff
  • 2:30Squid Game for investors
  • 13:00Noise v. signal
  • 20:36Sam uses ChatGPT to plan his life
  • 31:50Shaan explains how LLMs work
  • 39:50How to write better prompts
  • 52:56How to build a billion dollar company
  • 55:5113 Questions that will change your life

Check Out Shaan's Stuff

  • Shaan's weekly email
  • Visit
  • Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!
  • Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC

Key Takeaways

1

In investing, professional performance is driven by proper bet sizing and knowing when to 'pass' rather than just having superior predictive accuracy or insider information.

2

Transform AI from a search engine into a thought partner by instructing it to interview you with specific, high-level questions to gain clarity on your own goals and bottlenecks.

3

Utilize the 'dogs not barking' mental model to identify invisible business risks by noticing the absence of expected reactions, such as customers not complaining when a feature is removed.

Business Ideas Mentioned

Ambient AI Accountability Coach

AI & Automation

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Duration1:09:22
Guests0
Ideas Discussed1
Topics0