"Who is America’s best-known banker? That would be Jamie Dimon.
But who is the richest? That would be Andy Beal, with an estimated net worth of $9 billion."

Friend-of-the-show Frederik Gieschen joins us for an impromptu conversation about his article on the life and work of Andy Beal, the richest banker in America.

Important Links:

Show Notes:

The Arena, the Maze, and the Labyrinth
Why do myths endure?
“You can’t do a good deal with a bad person”
America’s richest banker: the Andrew Beal story
Agreeableness, contrarianism, and accountability
Thinking like a banker vs. thinking like an investor
The random buzz generator: How to fight linear thinking
The alchemy of success
Bubbles: When heterogeneity becomes homogeneity
“The higher you rise in a hierarchy, the less good the information you get.”
Deterministic vs. probabilistic thinking
The difference between being an investor and being in the investing business
The return of Andrew Beal
The importance of agility
MORE!

Books Mentioned:

The Cosmic Trigger trilogy; by Robert Anton Wilson
Aesop’s Fables; by Aesop
Breath: The New Science of a Lost Art; by James Nestor
The Professor, the Banker, and the Suicide King: Inside the Richest Poker Game of All Time; by Michael Craig
What Works on Wall Street; by Jim O’Shaughnessy
The Snowball: Warren Buffett and the Business of Life; by Alice Schroeder

Frederik Gieschen — On Agility, Agreeableness, Alchemy & the Arena

Infinite Loops