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    Business

    Infinite Loops

    Every Thursday, join Jim O’Shaughnessy and his favorite people as they arm you with the tools & fresh perspectives required to upgrade your HumanOS and thrive in our messy, probabilistic world.

    Visit our Substack at newsletter.osv.llc for full transcripts, highlights, weekly doses of timeless wisdom, and a bounty of other goodies designed to make you go, “Hmm that’s interesting!”

    Advertise
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    Latest Episodes:
    Nick Gillespie — The Lou Reed of Libertarianism (EP.123) Sep 15, 2022
    Show notes

    Nick Gillespie is the host of the Reason Interview and an editor at large at Reason. Nick is one of the most interesting libertarian thinkers in America, and has been described by the New York Times as being to libertarianism "what Lou Reed is to rock 'n' roll, the quintessence of its outlaw spirit". Important Links:

    • Nick's Substack
    • Nick's Twitter
    • Nick's Podcast
    • Reason

    Show Notes:

    • Is libertarianism dead?
    • Saying what you think
    • The case for rational optimism
    • Labels and empathy
    • President Nixon, the Great Reshuffle, Bitcoin
    • Bureaucracy and responsiveness
    • The rapidly changing world
    • Prohibition and legalisation
    • Why America does not have enough immigration
    • The enfranchising power of social media
    • Obscenity and moral panics
    • Empathy with the dispossessed
    • And MUCH more!

    Books Mentioned:

    • The Declaration of Independents: How Libertarian Politics Can Fix What's Wrong with America; by Nick Gillespie and Matt Welch
    • The Rational Optimist; by Matt Ridley
    • The Hitchhiker's Guide to the Galaxy; by Douglas Adams
    • The Population Bomb; by Paul Ehrlich
    • The Beginning of Infinity; by David Deutsch
    • Capitalism, Socialism and Democracy; by Joseph Schumpeter
    • The Genius of the Beast: A Radical Re-Vision of Capitalism; by Howard Bloom
    • One Summer: America, 1927; by Bill Bryson
    • The War on Alcohol; by Liza McGirr
    • Immigration and Freedom; by Chandran Kukathas
    • The Illuminatus! Trilogy; by Robert Anton Wilson and Robert Shea
    • What It Means to be a Libertarian: a Personal Interpretation; by Charles Murray
    • Raising PG Kids in an X-Rated Society; by Tipper Gore
    • Ulysses; by James Joyce
    • The Status Game: On Human Life and How to Play It; by Will Storr
    • Happy: Why More or Less Everything is Absolutely Fine; by Derren Brown

    Will Storr—The Status Game (EP.122) Sep 08, 2022
    Show notes

    Will Storr is an award winning journalist and author. His book 'The Status Game' transforms our understanding of human nature by demonstrating how our unconscious desire for status ultimately drives our behaviour. Important Links:

    • Twitter: https://twitter.com/wstorr?s=21&t=ZdtIqP9eE3_a5qZocDjEXQ
    • Website: https://willstorr.com
    • The Science of Storytelling: https://www.thescienceofstorytelling.com

    Show Notes:

    • Will's origin story
    • The strange case of David Irving
    • The fundamental nature of status games
    • The Stanford prison experiment and dominance games
    • The status games played by cults
    • Luxury beliefs
    • Why we are all moral hypocrites
    • The importance of being funny
    • Social status and socioeconomic status
    • Human OS and the education system
    • How status seeking leads to the "very best of human nature"
    • The murderous nature of reputation destruction
    • The post WW1 humiliation of Germany
    • Loaded magazine
    • Finding the true reason behind seemingly crazy beliefs
    • The value of religion
    • Trading status
    • Spreading humility
    • Why we could be wrong about our closest beliefs

    Books Mentioned:

    • The Unpersuadables: Adventures with the Enemies of Science; by Will Storr
    • The Lucifer Principle: A Scientific Expedition into the Forces of History; by Howard Bloom
    • The Genius of the Beast: A Radical Re-Vision of Capitalism; by Howard Bloom
    • The WEIRDest People in the World: How the West Became Psychologically Peculiar and Particularly Prosperous; by Joseph Henrich
    • The Science of Storytelling; by Will Storr
    • Slaughterhouse-Five; by Kurt Vonnegut
    • Selfie: How We Became so Self-Obsessed and What It's Doing to Us; by Will Storr
    • The Status Game: On Social Position and How We Use It; by Will Storr

    Vitaliy Katsenelson—Soul In The Game (EP.121) Sep 01, 2022
    Show notes

    Vitaliy Katsenelson is the CEO of a value investment firm IMA, author of two books on investing, and a recently published non-investing book named "Soul In The Game". Known for his uncommon common sense, Forbes magazine called him "The New Benjamin Graham." Vitaliy loves to read, listen to classical music, play chess, and write about life, investing, and music. Important Links:

    • Blog: https://contrarianedge.com/
    • YouTube: https://www.youtube.com/vitaliyk
    • Twitter: https://twitter.com/vitaliyk
    • IMA: https://imausa.com/
    • Favorite classical music website: https://myfavoriteclassical.com/
    • "The Gateway Drug to Classical Music" Spotify playlist: https://open.spotify.com/playlist/1tfsohjLty6IK2b2B8AGE0

    Show Notes:

    • Coming to America from Soviet Russia
    • How movies shape perception
    • Two frameworks to understand the mind
    • Programming yourself with the words you use
    • The Thinker and the Prover
    • Abracadabra—I create as I speak
    • Four modes of communication
    • Not letting an idea become your identity
    • Writing about both sides of the argument
    • Reality is nuanced
    • Depersonalize your arguments
    • A mathematical formula to determine outcomes
    • Table cloth model of investing
    • Event, Judgement, Reaction framework
    • Reframing your worries away
    • Is the USA still the best place to be for talented people?
    • Elon Musk's distinctiveness
    • Favorite classical composers
    • Opera as a plunger for the writer's block
    • Introducing kids to classical music
    • The best financial advice Vitaliy ever got
    • Can money buy happiness?
    • Experiencing self vs. remembering self
    • Traveling is an antidote for monotony
    • Going outside your myopic circles
    • "The Gateway Drug to Classical Music" playlist
    • And MUCH more!

    Books Mentioned:

    • Soul In The Game; by Vitaliy Katsenelson
    • Think Again; by Adam Grant
    • Influence; by Dr Robert B. Cialdini
    • The Wealthy Barber; by David Chilton
    • Gödel, Escher, Bach; by Douglas Hofstadter
    • How to Win Friends & Influence People; by Dale Carnegie

    Dennis McKenna—Rebooting Yourself with Psychedelics (EP.120) Aug 25, 2022
    Show notes

    Dennis McKenna is the founder of the McKenna Academy and has conducted research in ethnopharmacology for over 40 years. He is a founding board member of the Heffter Research Institute, and was a key investigator on the Hoasca Project, the first biomedical investigation of ayahuasca. Important Links:

    • McKenna Academy: https://mckenna.academy/
    • ESPD 55 (Ethnopharmacologic Search for Psychoactive Drugs): https://espd55.com/
    • Twitter: https://twitter.com/DennisMcKenna4
    • ICEERS (International Center for Ethno-botanical Education, Research, and Service): https://www.iceers.org/

    Show Notes:

    • ESPD 55 conference
    • Goals of the McKenna Academy
    • How psychedelics affect our relationship with nature
    • Bridging the gap between ancestral and moderns scientific knowledge
    • Psychedelics on the safety scale
    • Nixon's war against drugs
    • Fear of persecution in the medical community
    • LSD being really responsible for the birth of modern neuroscience
    • DMT reopening the door to clinical research
    • Using psilocybin for end of life applications
    • Psychedelics are not just "band-aids"
    • Dissipation of knowledge among indigenous tribes
    • Reality hallucination
    • Therapeutic utility of psychedelics
    • Future of psychedelic research
    • Making psychedelics more accessible
    • Protecting endangered plants
    • Forming alliances with indigenous communities

    Books Mentioned:

    • The Immortality Key; by Brian Muraresku
    • How to Change Your Mind; by Michael Pollan
    • Psychology and Alchemy; by Carl Jung

    David Perell—Write to Find Yourself (EP.119) Aug 18, 2022
    Show notes

    David Perell is prolific writer and online educator, who runs a writing school called "Write of Passage". David also hosts the "The North Star Podcast" featuring interviews with writers, athletes, and entrepreneurs. Important Links:

    • Website: https://perell.com/
    • Writing School: https://writeofpassage.school/
    • Friday Finds Links: https://perell.com/friday-finds-links/
    • Twitter: https://twitter.com/david_perell

    Show Notes:

    • Origins of "Write of Passage"
    • Writing leads to thinking
    • David's ever expanding portfolio
    • Live the life that you teach
    • Applying lessons from Disneyland to a writing course
    • Four Seasons of writing education
    • Ana's success with David's course
    • Writing as a career transition
    • Average course cohort age
    • Building a personal monopoly
    • Advice for an aspiring creator
    • Dive into the work of the people you admire
    • Managing fear of creating in public
    • The network age
    • Building a product for high-schoolers
    • Finding your tribe on the internet
    • Going against the trend with long-form essays
    • Checklists and prescriptions
    • The cover band strategy for investing
    • Building an internet native education system
    • Schools stifling creativity
    • The Never-Ending Now

    Books Mentioned:

    • Zero to One; by Peter Thiel
    • One Summer: America, 1927; by Bill Bryson
    • The Status Game; by Will Storr
    • Invest Like the Best; by Jim O'Shaughnessy

    Shreyas Doshi—Making of a Great Leader (EP.118) Aug 11, 2022
    Show notes

    Shreyas Doshi is a startup advisor who has formerly worked in the product teams of tech firms like Stripe, Twitter, Google, Yahoo. He regularly writes about product, strategy, org psychology, leadership, and life! Important Links:

    • Twitter: https://twitter.com/shreyas
    • LinkedIn: https://www.linkedin.com/in/shreyasdoshi

    Show Notes:

    • Shreyas's childhood
    • Operating with the owner mindset
    • The LNO framework
    • Getting good at leveraging time
    • The antithesis principle
    • Having a great manager
    • Individual vs. group decision making
    • "Apple Pie" positions
    • Beware of certainty theater
    • Social media: A global intelligence network
    • Minimizing your opportunity costs
    • The issue with following the rubric
    • Lessons from school at the workplace
    • Learning to unlearn
    • Tao Te Ching on leadership
    • Being an invisible leader
    • Tight vs. weak grip
    • And MUCH more!

    Books Mentioned:

    • The Science of Storytelling; by Will Storr
    • The Status Game; by Will Storr
    • Tao Te Ching; by Lao Tzu

    Alex Danco—Where the Circle Begins, or Ends (EP.117) Aug 04, 2022
    Show notes

    Our recurring guest (who rarely recurs these days), Alex Danco, comes back for his sixth appearance on Infinite Loops! Important Links:

    • Twitter: https://twitter.com/Alex_Danco
    • Website: https://alexdanco.com/
    • Newsletter: https://danco.substack.com/

    Show Notes:

    • Our planned, but unplanned conversations
    • Pink Floyd were philosophers
    • From Heraclitus, to Lao Tzu, to Gita, to Deutsch
    • Where does decision making come from?
    • Projection 101
    • Can you versus can't you read people's mind
    • Jim throwing big fancy words like "Phylogenetic inertia"
    • Corn: The apex predator
    • Self-serving nature of memetic theory
    • The Mirror Philosophy
    • What is a "creator"?
    • Communication theory by Gregory Bateson
    • The Founding Murderer
    • Consequences of eating the fruit from the tree of knowledge
    • "The most entertaining outcome is the most likely."
    • Hot media vs. Cool media
    • The Wire, and dumb Stringer
    • The state of accreditation
    • Balancing mystery with transparency
    • Knowing pop culture as a status symbol
    • And MUCH more!

    Books Mentioned:

    • The Science of Storytelling; by Will Storr
    • The Status Game; by Will Storr
    • Happy; by Derren Brown
    • The Selfish Gene; by Richard Dawkins
    • Steps to an Ecology of Mind; by Gregory Bateson
    • War and Peace; by Leo Tolstoy

    Johnathan Bi — Girard, Desire, and Modernity (EP.116) Jul 28, 2022
    Show notes

    Johnathan Bi started out getting trained in Mathematics, and then eventually went on to study Philosophy and Computer Science at Columbia. He hosts a lecture series on René Girard's Mimetic Theory and is also a founding member of Lonsdale Investment Technology. Important Links:

    • Twitter: https://twitter.com/JohnathanBi
    • Lecture series: https://www.youtube.com/watch?v=5Qu6vBebwwg
    • Website: https://johnathanbi.com/
    • Lonsdale Investment Technology: https://www.longterm.com/

    Show Notes:

    • Becoming pessimistic with age
    • Humiliation always comes back to bite you
    • How Jonathan got introduced to Buddhism and Girard
    • Why Jonathan left academia
    • The driving human emotion
    • Has modernity ignored the "spirit"?
    • Girard's apocalyptic predictions
    • Wild, wild west of capitalism
    • The mystery with the discovery of the skull
    • What does eugenics say about science?
    • Science becoming dictatorial
    • Buddhism figuring out the inner telescope
    • Physical vs. metaphysical desires
    • Mimesis in asset valuation
    • Price to magic ratio
    • Nietzsche's will of power
    • Is delusion bad?
    • Can internet lead to greater violence?
    • "The Buddhist Solution"
    • Girard—A rescuer of spirit
    • And MUCH more!

    Books Mentioned:

    • The Status Game; by Will Storr
    • The Struggle for Recognition; by Axel Honneth
    • Sapiens; by Yuval Noah Harari
    • The Science of Storytelling; by Will Storr
    • The Origin of Species; Charles Darwin
    • Untimely Meditations; by Friedrich Nietzsche

    Dan McMurtrie — On Markets and Policy (EP.115) Jul 21, 2022
    Show notes

    Dan McMurtrie is the Portfolio Manager at Tyro Partners, an asset management firm for institutions and HNWIs; and the General Partner at Anchorless Bangladesh, an early stage venture fund focused on Bangladeshi startups. Links:

    • Dan's Twitter: https://twitter.com/SuperMugatu
    • Tyro Partners: https://www.tyropartners.com/
    • Anchorless Bangladesh: https://www.anchorless.vc/
    • Coolworks: Jobs in Great Places: https://www.coolworks.com/

    Show Notes:

    • Are we in the schadenfreude part of the market cycle?
    • Going back to the fundamentals
    • Solving the agency problem
    • Taking concentrated beta risk
    • Having clarity around your goals
    • The behavioral risk in investing
    • Do not get married to your investment thesis
    • It's always you vs. you
    • Investing is about understanding other people's mistakes
    • Societal costs of stablecoins being unstable
    • Compatibility of social media and representative democracy
    • Issues with the current US Govt. administration
    • Number one existential risk for US currently
    • Risks of information overload
    • Improving education about commerce
    • Dopamine manipulators
    • Leadership vs. Stakeholder management
    • America vs China for policy changes
    • US legal immigration system
    • And MUCH more!

    George Mack — Marketing, Mental Models, and Technology (EP.114) Jul 14, 2022
    Show notes

    Description:George Mack is a creator who writes about the intersection of mental models, marketing, and technological tools and tactics. His marketing agency "Multiply" has helped grow some of the fasted growing businesses in the world backed by VCs like Stripe, YC, Sequoia, and LVMH.

    • George's Twitter: https://twitter.com/george__mack
    • George's newsletter: https://emailoctopus.com/lists/6d23df04-dff2-11ea-a3d0-06b4694bee2a/forms/subscribe
    • Multiply Marketing: https://www.multiply.marketing/

    Show Notes:

    • Specific knowledge and technology
    • Rise of TikTok
    • Bringing people closer to tech
    • Regulation slowing down tech innovation
    • High agency filters
    • A self-made teenage billionaire?
    • New forms of education
    • Word of mouth 2.0
    • The best marketer doesn't look like a marketer
    • Elon's 21 second pause
    • Optimizing for luck
    • The smart friend razor
    • Superpower in being weird
    • How to build a porn site
    • Assess others to assess yourself
    • The issue with personality tests
    • Advice to the young

    Books Mentioned:

    • Zero to One; by Peter Thiel
    • Tao Te Ching; by Lao Tzu
    • The Bhagavad Gita

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