133. Innovation, Risk, and Prosperity with Luca Dellana

David speaks with Luca Dellana, an author, business consultant, and lecturer who helps companies increase their revenue through better people and risk management. Luca has been featured at Nudgestock, the largest behavioural sciences conference, as well as on Econtalk, among other platforms. More than 25,000 people around the world read Luca regularly. He’s the author of over ten books, with his latest being Winning Long-Term Games: Reproducible Success Strategies to Achieve Your Life Goals.

They talked about:

📉 The cost of risk-taking

⚙️ How over-regulation kills innovation

🎲 How to make vision a team effort

📣 How populism hinders long-term success

💸 Luxury beliefs and the reality of prosperity

⚖️ How scarcity shapes our perception of prosperity

This is just one part of a longer conversation, and it's the second part. You can listen to the earlier episode here:

Part 1: *🎙️* Trust, Skills, and Winning Long-Term Games with Luca Dellana (Episode 129)

You can also check out Luca Dellanna's first appearance on The Knowledge Podcast here:

🎙️ Ergodicity and Decision-making with Luca Dellanna (Episode 59)

📜 Full transcript:

theknowledge.io/lucadellana-2/

📹 Watch on Youtube:

https://youtu.be/PxFiTDyvoi4

🗣 Mentioned in the show:

FAANG | https://www.investopedia.com/terms/f/faang-stocks.asp

Michael Saylor | https://www.michael.com/

Berkshire Hathaway | https://www.berkshirehathaway.com/

Bitcoin | https://theknowledge.io/what-is-cryptocurrency/

Poverty and Prosperity | https://luca-dellanna.com/books/preorder

MicroStrategy | https://www.microstrategy.com/

Naval Ravikant | https://nav.al/

COVID | https://theknowledge.io/issue7/

Survivorship Bias | https://en.wikipedia.org/wiki/Survivorship_bias

European Union | https://european-union.europa.eu/index_en

Donald Trump | https://en.wikipedia.org/wiki/Donald_Trump

Peter Thiel | https://en.wikipedia.org/wiki/Peter_Thiel

Per Bylund | https://perbylund.com/

Rob Henderson | https://www.robkhenderson.com/

Niels Hoven | https://www.nielshoven.com/

National Health Service | https://www.nhs.uk/

Eurozone | https://en.wikipedia.org/wiki/Eurozone

The Matthew Principle | https://en.wikipedia.org/wiki/The_rich_get_richer_and_the_poor_get_poorer

👤 Connect with Luca:

Twitter: https://twitter.com/DellAnnaLuca

Website: https://luca-dellanna.com/about/

Latest Book: Winning Long-Term Games | https://amzn.to/3OQuD9T

Upcoming Book: Poverty and Prosperity | https://luca-dellanna.com/books/preorder

👨🏾‍💻 About David Elikwu:

David Elikwu FRSA is a serial entrepreneur, strategist, and writer. David is the founder of The Knowledge, a platform helping people think deeper and work smarter.

🐣 Twitter: @Delikwu / @itstheknowledge

🌐 Websi