Nate Silver
๐ค SpeakerAppearances Over Time
Podcast Appearances
The average venture capital firm, mediocre firm, isn't doing that well. But the top firms kind of can't lose. If you have the best talent from all around the world, it's like if every year the best team in the NBA got the number one draft pick.
The average venture capital firm, mediocre firm, isn't doing that well. But the top firms kind of can't lose. If you have the best talent from all around the world, it's like if every year the best team in the NBA got the number one draft pick.
The average venture capital firm, mediocre firm, isn't doing that well. But the top firms kind of can't lose. If you have the best talent from all around the world, it's like if every year the best team in the NBA got the number one draft pick.
So Sam Bigman Freed was a nerdy, mathy kid. His parents were professors at Stanford. I think his mother was a philosophy professor. His dad was a law professor. Like a lot of smart kids got initially into finance at a firm called Jane Street Capital, which is a big quantitative hedge fund. At some point, he also got into something called effective altruism.
So Sam Bigman Freed was a nerdy, mathy kid. His parents were professors at Stanford. I think his mother was a philosophy professor. His dad was a law professor. Like a lot of smart kids got initially into finance at a firm called Jane Street Capital, which is a big quantitative hedge fund. At some point, he also got into something called effective altruism.
So Sam Bigman Freed was a nerdy, mathy kid. His parents were professors at Stanford. I think his mother was a philosophy professor. His dad was a law professor. Like a lot of smart kids got initially into finance at a firm called Jane Street Capital, which is a big quantitative hedge fund. At some point, he also got into something called effective altruism.
Basically, it's money ball, but for charity. It was kind of the pitch.
Basically, it's money ball, but for charity. It was kind of the pitch.
Basically, it's money ball, but for charity. It was kind of the pitch.
Working for a hedge fund. This is in his internal monologue that is probably unreliable to some degree. But he's like, so I want to make a lot of money so I can like donate it to poor children in Africa. This is kind of the cliched version of it. To help prevent malaria at a very cost effective rate. And then do much other weirder shit too involving AI and animal welfare and things like that.
Working for a hedge fund. This is in his internal monologue that is probably unreliable to some degree. But he's like, so I want to make a lot of money so I can like donate it to poor children in Africa. This is kind of the cliched version of it. To help prevent malaria at a very cost effective rate. And then do much other weirder shit too involving AI and animal welfare and things like that.
Working for a hedge fund. This is in his internal monologue that is probably unreliable to some degree. But he's like, so I want to make a lot of money so I can like donate it to poor children in Africa. This is kind of the cliched version of it. To help prevent malaria at a very cost effective rate. And then do much other weirder shit too involving AI and animal welfare and things like that.
He's like, I'm not making enough money at this hedge fund and so I'm going to start my own firm. His co-founder quits, right, because he seems kind of crazy. And one thing you learn about the book is all these people who think of themselves as hyper-rational and are thought of by others as hyper-rational, a lot of them are just kind of degenerate gamblers at heart.
He's like, I'm not making enough money at this hedge fund and so I'm going to start my own firm. His co-founder quits, right, because he seems kind of crazy. And one thing you learn about the book is all these people who think of themselves as hyper-rational and are thought of by others as hyper-rational, a lot of them are just kind of degenerate gamblers at heart.
He's like, I'm not making enough money at this hedge fund and so I'm going to start my own firm. His co-founder quits, right, because he seems kind of crazy. And one thing you learn about the book is all these people who think of themselves as hyper-rational and are thought of by others as hyper-rational, a lot of them are just kind of degenerate gamblers at heart.
Often skilled and smart degenerate gamblers.
Often skilled and smart degenerate gamblers.
Often skilled and smart degenerate gamblers.
Impulsive and kind of stimulus-driven. He's also on Adderall, right? He said that wasn't that big a part of the story.
Impulsive and kind of stimulus-driven. He's also on Adderall, right? He said that wasn't that big a part of the story.