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Tag Archives: sitg

NNT Skin In The Game | Talks at Google

Published on Nov 8, 2018 American essayist, scholar and former trader Nassim Nicholas Taleb, whose work focuses on problems of randomness, probability, and uncertainty, discusses his latest book “Skin in the Game”. Nassim explores the notion that ‘skin in the game’ is necessary for fairness, commercial efficiency, and risk management, and key to making sense […]

What do I mean by Skin in the Game? My Own Version | Medium

When selecting a surgeon for your next brain procedure, should you pick a surgeon who looks like a butcher or one who looks like a surgeon? The logic of skin in the game implies you need to select the one who (while credentialed) looks the least like what you would expect from a surgeon, or, […]

The Logic of Risk Taking | Medium

The Logic of Risk Taking Consider the following thought experiment. First case, one hundred persons go to a Casino, to gamble a certain set amount each and have complimentary gin and tonic –as shown in the cartoon in Figure x. Some may lose, some may win, and we can infer at the end of the day […]

On Interventionistas and their Mental Defects

Link to full post: On Interventionistas and their Mental Defects Skin in the Game is necessary to reduce the effects of the following divergences that arose mainly as a side effect of civilization: action and cheap talk (tawk), consequence and intention, practice and theory, honor and reputation, expertise and pseudoexpertise, concrete and abstract, ethical and […]

On Interventionistas and their Mental Defects | Medium

On Interventionistas and their Mental Defects Skin in the Game is necessary to reduce the effects of the following divergences that arose mainly as a side effect of civilization: action and cheap talk (tawk), consequence and intention, practice and theory, honor and reputation, expertise and pseudoexpertise, concrete and abstract, ethical and legal, genuine and cosmetic, […]