Franklin Foer – World Without Mind - [Invest Like the Best, EP.67]

Franklin Foer – World Without Mind - [Invest Like the Best, EP.67]

My guest this week is Franklin Foer, the author the recently published book “World Without Mind.” The topic of our conversation is one that I’ve been thinking through often this past year: the impact that large technology companies have on our minds and behavior. This conversation is only indirectly related to markets, but given that the companies we discuss are now several of the largest by market cap in the global stock market, what happens to them likely impacts all of our portfolios whether we own them or not. Given that these companies compete for our attention and dollars, they also affect our businesses. As an example, My friend Brent Beshore and his team at Adventures wrote a long and incredibly thoughtful piece on how they think about Amazon as a force in the market, and how they plan on navigating around such a fierce competitor. Franklin’s book, especially the early history, is very thought-provoking, so it was no surprise that our conversation was too. Please enjoy our talk on the tech giants. For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag Links Referenced Free PDF of The Whole Earth Catalog Amazon Must Be Stopped (New Republic) Hannah Arendt Philosophy Time Well Spent Books Referenced World Without Mind: The Existential Threat of Big Tech The Whole Earth Catalog The Lessons of History Show Notes 1:40 - (First Question) – As part of Jonathan’s new book, World Without Mind: The Existential Threat of Big Tech, exploring the idea of the whole earth catalogue. 4:09 – The Whole Earth Catalog 4:36 – Free PDF of The Whole Earth Catalog 4:49 – What happened next for Brand and how he laid the early groundwork for today’s modern Silicon Valley 7:43 – Franklin’s personal journey into writing this book 10:00 – Amazon Must Be Stopped (New Republic) 11:48 – Thoughts on the advancement of technology in our world 15:52 - Filling the gap into Brand’s influence on Silicon Valley from the early 80’s to today 18:57 – How does the current state of the free internet without gatekeepers hold up for the next generation 20:53 – Is there a chance that technology’s unlimited mining of our attention is not the horrible thing we often make it out to be 24:47 – What are the ways we can have a free internet and other technologies, but not let them get perverted 28:09 – How will people respond to our tech monopolies 31:54 – The Lessons of History and the rise and fall of centrist powers 33:02 - A look at Franklin’s work and how its impacted by the reliant on a few large tech companies 35:28 – The dangers that tech giants like Facebook, Amazon, etc, have created for us 40:45 – Is there a technology, company, or trend that Franklin is really excited for 42:19 – Will there be movements that emphasis detachment from technology 44:05 – Why most innovations have happened to people thinking in a very separated or contemplative mode 45:58 – What’s the most exciting thing that Franklin is thinking about now 49:30 – What was the most memorable content in researching this book that Franklin would suggest other check out 49:59 – Hannah Arendt Philosophy 52:37 – Are there specific things that Franklin does to be more contemplative 53:26 – Time Well Spent 54:47 – Kindest thing anyone has done for Franklin Learn More For more episodes go to InvestorFieldGuide.com/podcast. Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub Follow Patrick on twitter at @patrick_oshag

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Khe Hy – Quant Hedge Funds and the Fear of Death - [Invest Like the Best, EP.31]

Khe Hy – Quant Hedge Funds and the Fear of Death - [Invest Like the Best, EP.31]

My guest this week is Khe Hy. Khe has a very interesting, two-part story. We start with Khe's career at Blackrock, where he rose to be one of the youngest MDs at the firm, specializing in quantitative...

4 Huhti 20171h 47min

Ted Seides and Brent Beshore – The Future of Asset Management - [Invest Like the Best, EP.30]

Ted Seides and Brent Beshore – The Future of Asset Management - [Invest Like the Best, EP.30]

This week, my good friends Ted Seides and Brent Beshore join me to discuss the future of asset management and a ton of fun side topics. While we are all passionate about investing, we’ve had very diff...

28 Maalis 20171h 34min

Jim O’Shaughnessy -  Premeditated Success - [Invest Like the Best, EP.29]

Jim O’Shaughnessy - Premeditated Success - [Invest Like the Best, EP.29]

My guest this week is my father, Jim O’Shaughnessy. He was a pioneer in quantitative equity research, part of an early group of explorers who combed through data to find factors which predicted future...

21 Maalis 20171h 8min

Trish and James Higgins of Chenmark Capital -  Permanent Equity - [Invest Like the Best, EP.28]

Trish and James Higgins of Chenmark Capital - Permanent Equity - [Invest Like the Best, EP.28]

My guests this week are Trish and James Higgins, who run Chenmark Capital Management.  In this episode we continue to explore a style of investing I call Permanent Equity.  Returns in permanent equity...

14 Maalis 20171h 4min

Peter Attia, M.D. -  How to Live a Longer, Higher Quality Life - [Invest Like the Best, EP.27]

Peter Attia, M.D. - How to Live a Longer, Higher Quality Life - [Invest Like the Best, EP.27]

My guest this week is Peter Attia, M.D., whose mission is to understand and improve human lifespan and healthspan (or quality of life).  Reading Peter’s research, you find that there are many similari...

7 Maalis 20171h 30min

John Rogers – Slow and Steady Wins the Race - [Invest Like the Best, EP.26]

John Rogers – Slow and Steady Wins the Race - [Invest Like the Best, EP.26]

My guest this week is John Rogers, founder, CEO and CIO of Ariel investments, one of the longest standing asset management businesses still in existence.  John has a very impressive resume.  In additi...

28 Helmi 20171h 4min

Alex Moazed –  Building Modern Monopolies  - [Invest Like the Best, EP.25]

Alex Moazed – Building Modern Monopolies - [Invest Like the Best, EP.25]

My guest this week is Alex Moazed, the co-author of Modern Monopolies: What It Takes to Dominate the 21st Century Economy, which explores the platform business model (Uber, Airbnb, Github).  Alex is ...

21 Helmi 20171h 16min

Ian Cassel –  Investing In Tiny Stocks - [Invest Like the Best, EP.24]

Ian Cassel – Investing In Tiny Stocks - [Invest Like the Best, EP.24]

My guest this week is Ian Cassel, a microcap investor who is always on the lookout for small companies which are run by men and women who are what he calls intelligent fanatics. Ian’s livelihood is ba...

14 Helmi 20171h 8min

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