Skin in the Game: Hidden Asymmetries in Daily Life
Nassim Nicholas Taleb

Skin in the Game: Hidden Asymmetries in Daily Life

While Taleb's confrontational style might not be for everyone, his ideas certainly are. He is a genuine systems thinker, informed by a deep knowledge of probability theory and what that means for how we (ought to) deal with risk and uncertainty. Taleb’s systems talk is hard-edged and unsentimental, and it reflects an attractive ethos of classical virtue that meshes courage and prudence. Now the challenge is not only to read the book but also to absorb it and reflect it in the conduct of one's life.

Review

Nassim Taleb might have written his best work to date with Skin in The Game. You should read it.

The book provides a lot of elements that I found essential for my relationships. For me, life must be lived under its principles.

I wrote about what I learned with the book on "Aligned Interests & Skin in The Game", "Skin in the game", and "On trading with leverage".

Favorite Quotes

“The curse of modernity is that we are increasingly populated by a class of people who are better at explaining than understanding, or better at explaining than doing.”
“Those who talk should do and only those who do should talk.”
“The difference between successful people and really successful people is that really successful people say no to almost everything.”

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