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The Knowledge Project with Shane Parrish

#1 Michael Mauboussin: When To Trust Your Gut

The Knowledge Project with Shane Parrish

Farnam Street

Business, Investing, Entrepreneurship

4.72.9K Ratings

🗓️ 28 April 2015

⏱️ 39 minutes

🧾️ Download transcript

Summary

Multiple best selling author and financial strategist Michael Mauboussin shares his wisdom on parenting, daily routines, reading, and how to make better decisions.

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Transcript

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0:00.0

Welcome to the Knowledge Project on your host, Sheen Perge.

0:08.0

I'm the author of the Fernum Street blog, a website dedicated to mastering the best of what other people have already figured out.

0:14.0

The Knowledge Project is an experiment which all hosts interesting guests from a wide range of disciplines to better expand our minds.

0:20.0

Before we get started with the first episode, I just wanted to take a minute to comment on the premise of the show and our guest.

0:26.0

Michael Mowison is one of the better thinkers about thinking out there. I thought Michael would be the perfect person to start the series.

0:32.0

Not only is he a managing director at Quartet Swiss, but he's also a teacher and a writer.

0:36.0

He's done a ton of research on decision making and he's written two books I absolutely love, think twice, and the success equation.

0:43.0

I'm not aiming to have these conversations long and drawn out, rather I want to pick the brain of the person on the other side.

0:49.0

There won't be fillers or some episodes of shorter and some will be longer. I may mean to walk away with increased understanding, to master the best of what other people have already figured out if you will.

0:59.0

Topics will focus on things like innovation, leadership, and making better decisions, but perhaps more importantly, I want to also explore philosophy, the questions of life and what it means to live a good life.

1:10.0

You can leave comments online at Furnham Street for Twitter, Facebook.com slash Furnham Street where you can send me an email and I'd love to hear from you.

1:22.0

Before we get started, here's a word from our sponsor.

1:26.0

Greenhaven Road Capital is a small hedge fund inspired by the early war and buffet partnerships.

1:31.0

We have a fair fee structure and our portfolio manager is the largest investor in the fund.

1:36.0

Our minimum investment is $100,000. The credit investors can learn more at greenhavenroad.com.

1:42.0

Michael, welcome. Thank you so much for agreeing to come on the first episode of the knowledge project. I'm happy to have you.

1:49.0

Thanks, Shane. It's a thrill to be with you. I was wondering if maybe we could start with your daily routine. What's that like?

1:55.0

I have a few things to do with my life. I have a few key elements.

2:01.0

For me, one of the key starting points is always sleep. I'm one of those guys that actually needs to sleep and doesn't function as well without sleep.

2:08.0

I went too long in my life without figuring that out. For me, at least eight hours is really important for me to be functioning effectively.

2:15.0

A lot of time is usually doing research and reading things. I actually am one of those guys who spend very little time watching TV.

2:26.0

I do watch things like sports from time to time. Most of the time is been reading and trying to do some research.

...

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