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One of my favorite investing books (wait for it, it ties in!) is The Dao of Capital [0] which is all about contrarian investing. Great read on investing and for
by DLA 6y ago
One of my favorite investing books (wait for it, it ties in!) is The Dao of Capital [0] which is all about contrarian investing. Great read on investing and for the philosophical perspective as well. In the book Mark Spitznagel (investment manager for Nassib Taleb's black swan inspired hedge fund, Universa Investments) has an entire chapter on how conifer trees take advantage of fire-cleared forrest floors to propagate at a higher rate. Fire clears faster growing endosperm trees which tend to dominate slower growing conifers (cone droppers) in the early stages of growth. The fire cleaning allows conifers to productively seed the forest floor and get growing with less competition in their early years. In fact some cones actually use fire as a signal to drop and open to release their seeds. Fascinating. Very eloquent writing, IMO.
[0] https://www.goodreads.com/book/show/16599562-the-dao-of-capital https://www.goodreads.com/book/show/16599562-the-dao-of-capi...