Winning Long-Term Games and Ergodicity with Author Luca Dellanna | S07 E36
Episode publishedPodcast: The Acquirers PodcastThe Acquirers Podcast
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I think we're live. This is Value After Hours. I am Tobias Carlisle, joined as always by my cohost Jake Taylor. Our special guest today, Luca Delano, one of our favorites. He's back again.
Luca, he's in the house. Lucas.
Thank you so much for having me again.
Our our absolute pleasure, Luca. Thanks for coming back on. Luca's got lots and lots of really great ideas. Two of my favorite books Luca has written. One is ergodicity, incredibly powerful idea. Very simply, a very, very hard idea to explain, but Luca does a phenomenal job articulating. And then winning long term games. We're just gonna talk very briefly about ergodicity then winning long term games. And Luca's always got lots of stuff going on, so we're gonna talk about that as well. Luca Delano, welcome.
Thank you so much.
And give us a little taste of what is ergodicity?
So I always explain it with a story because it gets the concept much more powerfully true. And that's the story of Macausen, who was a great skier since a very early age. He made it even to the world championship for his age bracket. But then one leg injury after another, he had to quit professional skiing. And from him I've learned the lesson that performance is subordinate to survival. That it's not the fastest skier who wins the race, but the fastest one amongst those who make it to the finish line. And here I'm not just making the final point that survival matters to performance, we all kn
And that would then be non ergodic for everybody?
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