PLAY PODCASTS
Luca Dellanna on Risk, Ruin, and Ergodicity
Episode 895

Luca Dellanna on Risk, Ruin, and Ergodicity

Author and consultant Luca Dellanna talks with EconTalk host Russ Roberts about the importance of avoiding ruin when facing risk. Along the way Dellanna makes understandable the arcane concept of ergodicity and shows the importance of avoiding ruin in every day life.

EconTalk · EconTalk: Russ Roberts

May 29, 20231h 7m

Audio is streamed directly from the publisher (cdn.simplecast.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.

Show Notes

Author and consultant Luca Dellanna talks with EconTalk host Russ Roberts about the importance of avoiding ruin when facing risk. Along the way Dellanna makes understandable the arcane concept of ergodicity and shows the importance of avoiding ruin in every day life.

Topics

economicstrade-offsstatisticsvarianceeconlibsurvivorship biasfinancerussian rouletteluca dellannaprobabilitiesluck