This week our guest is Taylor Pearson, Principal of Mutiny Fund, author of the book End of Jobs and the Interesting Times Newsletter. Our conversation is a summary of Taylor’s amazing blog posts such as: What is ergodicity, the Sand Pile Effect, Maginot Line, and Attractor Landscapes. He also tells us his investing journey and the origin story of the Cockroach Portfolio.

[0:00] Who is Taylor Pearson
[3:30] The Cockroach Portfolio
[6:00] Ray Dalio’s All Weather Portfolio
[11:00] Nassim Taleb’s Black Swan
[13:30] What is Ergodicity?
[18:00] The Ergodicity Problem in Economics
[21:00] Sand Pile Effect: Stability breeds Instability
[31:00] The White Moose Problem
[33:00] Maginot Line: Soldiers are Prepared to Fight the Last War
[43:00] The Beer Game
[47:00] Attractor Landscapes
[56:00] Driven by Compression Processing
[1:02:00] More from Taylor and Closing Questions

If you like what you heard, make sure to follow Taylor on Twitter @TaylorPearsonME

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Taylor Pearson: Ergodicity All The Way Down

Value Hive Podcast