The 4 Hour Struggle

Entrepreneurial Philosophy by Matt Aaron

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Antifragile Reflections: Part 1

I just finished listening to Antifragile, by Nassim Taleb. It advocates for systems (economic, government, institutional, and personal) that gain from disorder.

I started the audiobook a few weeks back while I was at an airport. About 2 hours in , I thought "I am definitely going to reread or re-listen to this book."

A complex read, I plan on addressing this in a series of posts.

There is a famous anecdote told by Charlie Munger about the night shift at a FedEx logistics center. The crew working there was responsable for receiving inventory and placing it on trucks to their respective destinations.

The Thiel Fellowship

On Imported Blog

Two years ago, Peter Thiel piloted his Thiel Fellowship. It targets twenty students under the age of twenty and gives them $100,000 to drop out of college and journey to entrepreneurship. Their projects range from scientific research to educational startups. It was originally created to fight the proclaimed education bubble and to also foster innovation.

It has now been two years for it's original class of fellows, marking the end of their affiliation with the program. It's an interesting program to say the least. The concept of an education bubble is under hot debate. But, I completely understand where Peter Thiel is coming form.

He believes one goes to college for the sole purpose of getting a job, i.e. making lots of money. For those who subscribe to this belief, yes there is an education bubble. Engineering degrees at universities like the University of Texas at Austin post higher graduate salaries than many private universities whose tuition is upwards of $50,000 a year. If you believe the main purpose of life is to make money, which is by no means wrong, then yes we are in an education bubble.

I, on the other hand, do not believe that the sole goal of going to college is getting a job, despite how counter-intuitive that may sound. I do plan on going to college for the experience. But from a total-rational perspective, I do see why my purpose of investing in higher education is flawed.

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