#70 The Dao of Capital: Austrian Investing in a Distorted World

What I learned from reading The Dao of Capital: Austrian Investing in a Distorted World by Mark Spitznagel.

Klipp's Paradox (0:01), the whole point of my approach to investing is that we must be willing to adopt the indirect route to achieve our goals (14:00), finding his life's work (19:00), if my children will only read one book on economics I would be Economics in One Lesson (25:30), why it is always possible to start new, successful companies (30:00), the point is not to go slow to stay glow. it is to go slow now so you can go faster later (34:15), Robinson Crusoe and roundabout production (39:30), Henry Ford as the quintessential roundabout entrepreneur (45:00), how Mark uses roundabout in his investing (54:00).

A list of all the books featured on Founders Podcast.