The Sam Bankman-Fried episode of Odd Lots: https://open.spotify.com/episode/2p2Mfr20nDNmRxdNjCcmJe?si=2f04792d5ee1490f&nd=1 https://open.spotify.com/episode/2p2

The Sam Bankman-Fried episode of Odd Lots: https://open.spotify.com/episode/2p2Mfr20nDNmRxdNjCcmJe?si=2f04792d5ee1490f&nd=1 https://open.spotify.com/episode/2p2Mfr20nDNmRxdNjCcmJe?si=2... Specifically, the 7 minutes from ~19:40 - 26:30 where he talks about the $30M/day profit he made in 2017 by arb-ing the different prices of Bitcoin on Japanese vs. US exchanges. This demonstrated the difference between complex and complicated problems and how much of success in business is simply schlepping. (Obligatory pg post: http://paulgraham.com/schlep.html http://paulgraham.com/schlep.html)