The Last Human Edge
Issue 50: As AI makes execution cheap, the quality of your decisions becomes your last real edge. Annie Duke’s thinking in bets, sharpened.
Second Level Thinking
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Issue 50: As AI makes execution cheap, the quality of your decisions becomes your last real edge. Annie Duke’s thinking in bets, sharpened.

Issue 44: Chamath Palihapitiya on holding ambition and contentment at once, curiosity as an edge, and splitting decisions into two portfolios.

Issue 42: Lessons from Peter Thiel’s Zero to One on competition, definite optimism, secrets and the power law, and why thinking for yourself matters.

Issue 36: Why the simplest path is usually the most effective, and how to build a bias to action instead of letting the world happen to you.

Issue 35: Navigating the tension between expansion and insolvency. How to master COGS, burn rate and runway, with simple tools to stay afloat.

Issue 34: Lessons from Steve Jobs’ signal-to-noise ratio. Why the best leaders protect the few tasks that matter and build systems that survive bad calls.

Issue 30: Examining the sunk cost fallacy and how we organise our lives. Plus, why strategic laziness is a required form of founder discipline.

Issue 28: Why the best entrepreneurs treat life like a game of leverage. Inside: the Build vs. Buy debate and why ability alone is never enough.

Issue 27: The co-ed vs. single-gender school debate, why we struggle to decide, and how probabilistic thinking helps manage the unknown.

Issue 26: Navigating uncertainty without the fear of being wrong. Why great leadership is about sound process, not lucky breaks, according to Annie Duke.

Issue 23: How to build a personalised trading methodology, and why discipline is all that stands between a small error and a total collapse.

Issue 17: Position sizing like a pro with the Kelly Criterion, five essential gratitude practices, and the power of radical self-discipline.

Issue 16: Using mental models to navigate uncertainty, Howard Marks on what risk really is, and why cynicism is a liability, not an asset.

Issue 15: Why Tim Ferriss' fear setting is a prerequisite for action, and how to apply Stanley Druckenmiller's approach to risk in your portfolio.

Issue 13: Why your ego is the primary enemy of progress and how to audit your beliefs, plus R-multiples, the metric that matters for your trading system.

Issue 12: The US recession indicators, the yen carry trade unwind and what drove the selloff, plus Roger Federer on why perfection is impossible.

Issue 11: Moving beyond corporate speak to create a mission, vision and values that scale, and how to spot where we are in the market cycle.

Issue 10: The crucial difference between principles and values, how to build your own, and whether the traditional 60/40 portfolio is dead.

Issue 4: A six-step framework for better decisions, and why global investors are piling into Japan as the Nikkei breaks 40,000.

Issue 3: How to out-think the consensus with second-level thinking, and the second-order impacts of Nvidia, 'the most important stock'.