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  • 01:26
     
    #idea starts to be interesting when you get scared of taking it to its logical conclusion   
    One of the aphorisms in "Bed of Procrustes" nicely describes Taleb's approach to writing a book: "An idea starts to be interesting when you get scared of taking it to its logical conclusion".
  • 01:42
     
    #naive rationalism   
    I think the goal for Taleb in writing the book is to make the world less prone to something he calls "naive rationalism".
  • 02:27
     
    #asking them what they think they mean by what they said   
    But it is easy to trip them, as Socrates did, simply by asking them what they think they mean by what they said.

Skin in the game (Nassim Taleb) book review

"Skin in the Game: Hidden Asymmetries in Daily Life" is a 2018 nonfiction book by Nassim Nicholas Taleb, former financial options trader, statistician, professor, and bestselling author of The Black Swan. Taleb's thesis is that skin in the game is necessary for fairness, commercial efficiency, and risk management, as well as being necessary to understand the world. The book is part of Taleb's multi-volume philosophical essay on uncertainty, titled the Incerto, which also includes Fooled by Randomness (2001), The Black Swan (2007–2010), The Bed of Procrustes (2010–2016), and Antifragile (2012). Philip de Vroe (The Finance Storyteller) aims to make strategy, finance and leadership enjoyable and easier to understand. Learn the business vocabulary to join the conversation with your CEO at your company. Understand how financial statements work in order to make better stock market investment decisions. Philip delivers training in various formats: YouTube videos, classr






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