Episode Details

Five good habits can be one bet wearing five coats. Mine all covered my health, and nothing else in my life had any cover at all. Three hydraulic systems ran through one DC-10 tail, two flight computers ran one piece of software, and millions of banana plants were one plant repeated. Each looked like redundancy and each failed in a single stroke.

Featuring: Ray Dalio, Wendell Berry, Ed Thorp, Joseph Paxton

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Chapters:

(00:00) Diverse crops are a necessity
(00:11) A jiu jitsu mini retirement
(00:27) Five habits covering one part of life
(00:57) United 232's three hydraulic systems fail together
(01:52) Ariane 5's identical backup computer
(02:30) The Gros Michel and Cavendish banana clones
(03:22) Ed Thorp's hedged fund

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