Luca Dellanna on his book Ergodicity, autism, and decision making in our brains.

The Education of a Value Investor

Luca Dellanna is a management advisor and an author from Turin, Italy. His books cover topics ranging across management, human behavior, and economics. He talks to Guy Spier about his early career, his research on ergodicity and some topics from his other books, including autism and the difference of decision making and action taking in our brains.

Full transcript available here: https://aqfd.docsend.com/view/r5q6w9tq7e2b8aqb

Contents:

(00:00:00) Introduction

(00:07:38) The Concept of Ergodicity

(00:14:31) Extrapolation Over Time Horizons

(00:21:22) Luck or Skill?

(00:24:50) Maximizing the Worst Outcome

(00:31:32) Uncertainty and Risk Management

(00:39:09) Diversification as a Practical Tool

(00:43:09) Personal Knowledge Management Tools

(00:48:56) Decision Making vs. Action Taking

(00:58:09) Autism and the Idea of the Magnifying Glass

(01:02:54) Luca’s Professional Career

(01:08:38) The History of Turin