From the bestselling author of The Black Swan , a bold book that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility'Skin in the game means that you do not pay attention to what people say, only to what they do, and how much of their neck they are putting on the line' Citizens, artisans, police, fishermen, political activists and entrepreneurs all have skin in the game. Policy wonks, corporate executives, many academics, bankers and most journalists don't. It's all about having something to lose and sharing risks with others. In his most provocative and practical book yet, Nassim Nicholas Taleb shows that skin in the game, often seen as the foundation of risk management, in fact applies to all aspects of our lives. In his inimitable style, Taleb draws on everything from Antaeus the Giant to Hammurabi to Donald Trump, from ethics to used car salesmen, to create a jaw-dropping framework for understanding this idea. Among his insights: For social justice, focus on symmetry and risk sharing. Minorities, not majorities, run the world. You can be an intellectual yet still be an idiot. Beware of complicated solutions (that someone was paid to find). Just as The Black Swan did during the 2007 financial crisis, Skin in the Game comes at precisely the right moment to challenge our long-held beliefs about risk, reward, politics, religion and business - and make us rethink everything we thought we knew. **
Review
Praise for Nassim Nicholas Taleb
“The problem with Taleb is not that he’s an asshole. He is an asshole. The problem with Taleb is that he is right.” —Dan from Prague, Czech Republic (Twitter)
“The most prophetic voice of all . . . [Taleb is] a genuinely significant philosopher . . . someone who is able to change the way we view the structure of the world through the strength, originality and veracity of his ideas alone.” — John Gray, GQ
“Taleb grabs on to core problems that others ignore, or don’t see, and shakes them like an attack dog on a leg.” *—Greg from New York (Twitter)
“For my wife and me, Antifragile* is an annual reread.” —Colle from Richmond, Virginia (Twitter)
“I read Antifragile four times. First, to get the wisdom to survive. Second, as a memorial statement for Fat Tony. Third, as Das Kapital with correct mathematics. Fourth, as ethics to learn a good way to die.” —Tamitake from Tokyo, Japan (Twitter)
“November . . . time for my annual reread of Antifragile.” —Johann from Vienna, Austria (Twitter)
“[Taleb writes] in a style that owes as much to Stephen Colbert as it does to Michel de Montaigne.” — The Wall Street Journal**
About the Author
Nassim Nicholas Taleb spent twenty-one years as a risk taker before becoming a researcher in philosophical, mathematical, and (mostly) practical problems with probability. Although he spends most of his time as a flâneur, meditating in cafés across the planet, he is currently Distinguished Professor at New York University’s Tandon School of Engineering. His books, part of a multivolume collection called Incerto , have been published in thirty-six languages. Taleb has authored more than fifty scholarly papers as backup to Incerto , ranging from international affairs and risk management to statistical physics. Having been described as “a rare mix of courage and erudition,” he is widely recognized as the foremost thinker on probability and uncertainty. Taleb lives mostly in New York.
Description:
From the bestselling author of The Black Swan , a bold book that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility 'Skin in the game means that you do not pay attention to what people say, only to what they do, and how much of their neck they are putting on the line' Citizens, artisans, police, fishermen, political activists and entrepreneurs all have skin in the game. Policy wonks, corporate executives, many academics, bankers and most journalists don't. It's all about having something to lose and sharing risks with others. In his most provocative and practical book yet, Nassim Nicholas Taleb shows that skin in the game, often seen as the foundation of risk management, in fact applies to all aspects of our lives. In his inimitable style, Taleb draws on everything from Antaeus the Giant to Hammurabi to Donald Trump, from ethics to used car salesmen, to create a jaw-dropping framework for understanding this idea. Among his insights: For social justice, focus on symmetry and risk sharing. Minorities, not majorities, run the world. You can be an intellectual yet still be an idiot. Beware of complicated solutions (that someone was paid to find). Just as The Black Swan did during the 2007 financial crisis, Skin in the Game comes at precisely the right moment to challenge our long-held beliefs about risk, reward, politics, religion and business - and make us rethink everything we thought we knew. **
Review
Praise for Nassim Nicholas Taleb
“The problem with Taleb is not that he’s an asshole. He is an asshole. The problem with Taleb is that he is right.” —Dan from Prague, Czech Republic (Twitter)
“The most prophetic voice of all . . . [Taleb is] a genuinely significant philosopher . . . someone who is able to change the way we view the structure of the world through the strength, originality and veracity of his ideas alone.” — John Gray, GQ
“Taleb grabs on to core problems that others ignore, or don’t see, and shakes them like an attack dog on a leg.” *—Greg from New York (Twitter)
“For my wife and me, Antifragile* is an annual reread.” —Colle from Richmond, Virginia (Twitter)
“I read Antifragile four times. First, to get the wisdom to survive. Second, as a memorial statement for Fat Tony. Third, as Das Kapital with correct mathematics. Fourth, as ethics to learn a good way to die.” —Tamitake from Tokyo, Japan (Twitter)
“November . . . time for my annual reread of Antifragile.” —Johann from Vienna, Austria (Twitter)
“[Taleb writes] in a style that owes as much to Stephen Colbert as it does to Michel de Montaigne.” — The Wall Street Journal**
About the Author
Nassim Nicholas Taleb spent twenty-one years as a risk taker before becoming a researcher in philosophical, mathematical, and (mostly) practical problems with probability. Although he spends most of his time as a flâneur, meditating in cafés across the planet, he is currently Distinguished Professor at New York University’s Tandon School of Engineering. His books, part of a multivolume collection called Incerto , have been published in thirty-six languages. Taleb has authored more than fifty scholarly papers as backup to Incerto , ranging from international affairs and risk management to statistical physics. Having been described as “a rare mix of courage and erudition,” he is widely recognized as the foremost thinker on probability and uncertainty. Taleb lives mostly in New York.