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The Dao of Capital: Austrian Investing in a Distorted World
book

The Dao of Capital: Austrian Investing in a Distorted World

by Mark Spitznagel, Ron Paul
September 2013
Intermediate to advanced
368 pages
10h 1m
English
Wiley
Content preview from The Dao of Capital: Austrian Investing in a Distorted World

Contents

Foreword

Introduction

Chapter One: The Daoist Sage

The Old Master

The Soft and Weak Vanquish the Hard and Strong

Into the Pit

The Privileges of a Trader

Robinson Crusoe in the Bond Pit

Fishing in “McElligot’s Pool”

Enter the Austrians: A von Karajan Moment

A State of Rest

Guiding into Emptiness . . .

Moving On

The Wisdom of the Sages

Chapter Two: The Forest in the Pinecone

The Forest and the Tree

The Slow Seedling

Wildfire and Resource Reallocation

The Conifer Effect

A Logic of Growth

Chapter Three: Shi

The Dao of Sun Wu

Shi and the Crossbow

Li—The Direct Path

Shi and Li at the Weiqi Board

A Common Thread, from East to West

An Attack of Misunderstanding

On War—An Indirect Strategy

Shi, Ziel, Mittel, und Zweck

Chapter Four: The Seen and the Foreseen

That Which Must Be Foreseen

At the Viennese Crossroads Between East and West

The Teleology of Baer’s Butterfly

Menger Establishes the Austrian School

Tutor to the Prince

Methodenstreit

Österreichische Schule

Chapter Five: Umweg

Postulating the “Positive”

Produktionsumweg

Böhm-Bawerk, the Bourgeois Marx

Faustmann’s Forest Economy

Rings of Capital

Henry Ford: The Roundabout Unternehmer

The Roundabout of Life

Chapter Six: Time Preference

“Radical” Böhm-Bawerk and the Psychology of Time Preference

The Curious Case of Phineas Gage

The Shi and Li Brain

The Subjectivity of Time

The Trade-Off of an Addict

No Zeal for Ziel on Wall Street

Adapting to the Intertemporal

Chapter Seven: “The Market Is a Process”

The Man Who Predicted the ...

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Publisher Resources

ISBN: 9781118416679Purchase book