The Drunkards Walk with Dr. Leonard Mlodinow

The three biggest mistakes new cryptocurrency investors make are wrong timing, wrong thing, and wrong amount. This week, in elaborating on these mistakes, I revisit an interview I conducted with Dr. Leonard Mlodinow back in 2009, where we discuss how to succeed in a random market. In this week's conversation, we talk about: ✓ Why rats are better at probability than humans are ✓ How do we know markets are random ✓ How does a drunk walk ✓ How many times do we have to play the World Series to know statistically which team is better ✓ If the market is random, how do fund managers and day-trading course, still exist? ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at FULL SHOW NOTES ARE AVAILABLE AT: QUESTIONS OR FEEDBACK: Email: askkim@sanecrypto.com Twitter: @sanecrypto

You can listen to The Drunkards Walk with Dr. Leonard Mlodinow online on Radio and Podcast. Open the player on this page to stream the available audio.

The Drunkards Walk with Dr. Leonard Mlodinow is an episode from SANE CRYPTO - Cryptocurrency investing for retirement (Bitcoin, Ethereum, and Cryptoasset Investing) by Kim Snider.

This episode is 39:41 long.

This episode was published on Sep 25, 2018.

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