The book this episode covers
Fortune's Formula
William Poundstone · Reading rank 130 · in 6 other episodes
The host calls Fortune's Formula wildly entertaining and says he understands why Charlie Munger recommends it.
Dedicated episode · Explicit praise
Also mentioned
Poor Charlie's Almanack
Charles T. Munger, edited by Peter D. Kaufman · Reading rank 11 · in 44 other episodes
Cross-episode reference
A Man for All Markets
Edward O. Thorp · Reading rank 14 · in 16 other episodes
Cross-episode reference
Berkshire Hathaway Letters to Shareholders
Warren Buffett · Reading rank 16 · in 47 other episodes
David applies a survival-and-ruin principle associated with Buffett’s letters while discussing Thorp and Shannon.
Founder theme
Tycoon's War
Stephen Dando-Collins · Reading rank 93 · in 4 other episodes
David uses Tycoon's War to warn that some adversaries ignore rules and answer business conflict with force, making the downside of crossing them unusually severe.
Cross-episode reference · Founder theme
Beat the Dealer
Edward O. Thorp · Reading rank 428 · in 2 other episodes
David identifies Beat the Dealer as Thorp's bestselling account of his mathematically tested card-counting system and connects that system to disciplined capital sizing through the Kelly criterion.
Founder theme
Each note is a short paraphrase of why David brings the book up. Book pages show every piece of evidence and its review status. How ranking works