#042 Black Swans, The End of Jobs, and Long Volatility with Taylor Pearson of Mutiny Fund

Topics:

(6:21) - What is your specific knowledge?

(7:20) - Taylor’s career

(12:38) - Transaction Cost Economics

(20:02) - The work behind Taylor’s first book: The End of Jobs

(21:20) - Was publishing that book a major inflection point in your career?

(23:53) - Taylor’s writing on the crypto space and work in investing & finance

(29:03) - Mutiny Funds

(32:57) - The Long-Volatility Strategy

(36:33) - The Thousand-Year Portfolio

(40:49) - Who is using the long-volatility strategy and how are they using it?

(43:16) - What does the strategy look like day to day?

(50:07) - Volatility Index

(55:33) - Are there future products in the funnel for Mutiny?

(57:44) - What do you look for in the hedge funds you assemble?

(1:00:20) - How long have you been building this core of knowledge?

(1:04:11) - How do you know when to shift your focus?

(1:07:11) - Are there people you look up to who are great examples of playing the long game?

(1:09:25) - What is the long game for Mutiny?

(1:12:49) - How do you maintain discipline when the world tells you to take the other path?

(1:16:22) - What mental model do you use most often?

Links:

Mutiny Funds (mutinyfund.com)

Taylor’s website (taylorpearson.me)

Taylor’s The Interesting Times newsletter (taylorpearson.me/newsletter)

The End of Jobs by Taylor Pearson (taylorpearson.me/eojbook)

Blog post: Markets Are Eating The World by Taylor Pearson (ribbonfarm.com/2019/02/28/markets-are-eating-t…)

The Kelly Criterion with Edward Thorp (edwardothorp.com/wp-content/uploads/2016/11/Th…)

The Cockroach Portfolio (mutinyfund.com/cockroach)

The Volatility Index (investopedia.com/articles/optioninvestor/09/im…)

The Origin of Wealth by Eric Beinhocker (amazon.com/Origin-Wealth-Remaking-Economics-Bu…)

Fortune's Formula by William Poundstone (amazon.com/Fortunes-Formula-Scientific-Betting…)

A Man for All Markets by Edward Thorp (amazon.com/Man-All-Markets-Street-Dealer/dp/14…)

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