#750: Free worksheet: question the belief that might be keeping you stuck — before reality forces the update for you: http://affordanything.com/turn-it-around


Alec Litowitz spent three decades building one of the world's largest hedge funds, and he says the highest-IQ people in the room are often the last to notice the world has changed. His answer isn't more intelligence — it's the willingness to be wrong, quickly, and update before everyone else catches up.

Alec co-founded Citadel alongside Ken Griffin and later founded Magnetar Capital, one of the largest alternative asset managers in the world. His new book, The Adaptability Quotient, is out September 15.

In this episode, we discuss:

  • How adaptability quotient (AQ) differs from IQ and EQ — and why it matters more now

  • What a doomed Antarctic expedition reveals about real adaptability

  • Why AI makes knowledge abundant and judgment scarce

  • How to stop needing to be right so you can update faster

  • The real reason Blockbuster lost to Netflix (it wasn't a bad decision)

  • A 4-part test for telling a temporary shift from a permanent one

  • Why a "diversified" portfolio might secretly be one big bet right now

This episode is for anyone whose career, portfolio, or plans feel less certain than they used to — a way of thinking that doesn't require predicting the future, just noticing when your old model has stopped working.


Learn more about your ad choices. Visit podcastchoices.com/adchoices

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Podden och tillhörande omslagsbild på den här sidan tillhör Paula Pant, Personal Finance Expert | Cumulus Podcast Network. Innehållet i podden är skapat av Paula Pant, Personal Finance Expert | Cumulus Podcast Network och inte av, eller tillsammans med, Poddtoppen.