The Resource Skin in the game : hidden asymmetrics in daily life, Nassim Nicholas Taleb

Skin in the game : hidden asymmetrics in daily life, Nassim Nicholas Taleb

Label
Skin in the game : hidden asymmetrics in daily life
Title
Skin in the game
Title remainder
hidden asymmetrics in daily life
Statement of responsibility
Nassim Nicholas Taleb
Creator
Contributor
Author
Narrator
Subject
Genre
Language
eng
Summary
From the New York Times bestselling author of The Black Swan, a bold new work that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibilityIn his most provocative and practical book yet, one of the foremost thinkers of our time redefines what it means to understand the world, succeed in a profession, contribute to a fair and just society, detect nonsense, and influence others. Citing examples ranging from Hammurabi to Seneca, Antaeus the Giant to Donald Trump, Nassim Nicholas Taleb shows how the willingness to accept one's own risks is an essential attribute of heroes, saints, and flourishing people in all walks of life.As always both accessible and iconoclastic, Taleb challenges long-held beliefs about the values of those who spearhead military interventions, make financial investments, and propagate religious faiths. Among his insights: For social justice, focus on symmetry and risk sharing. You cannot make profits and transfer the risks to others, as bankers and large corporations do. You cannot get rich without owning your own risk and paying for your own losses. Forcing skin in the game corrects this asymmetry better than thousands of laws and regulations.Ethical rules aren't universal. You're part of a group larger than you, but it's still smaller than humanity in general.Minorities, not majorities, run the world. The world is not run by consensus but by stubborn minorities imposing their tastes and ethics on others.You can be an intellectual yet still be an idiot. "Educated philistines" have been wrong on everything from Stalinism to Iraq to low-carb diets.Beware of complicated solutions (that someone was paid to find). A simple barbell can build muscle better than expensive new machines.True religion is commitment, not just faith. How much you believe in something is manifested only by what you're willing to risk for it.The phrase "skin in the game" is one we have often heard but rarely stopped to truly dissect. It is the backbone of risk management, but it's also an astonishingly rich worldview that, as Taleb shows in this book, applies to all aspects of our lives. As Taleb says, "The symmetry of skin in the game is a simple rule that's necessary for fairness and justice, and the ultimate BS-buster," and "Never trust anyone who doesn't have skin in the game. Without it, fools and crooks will benefit, and their mistakes will never come back to haunt them."
Accompanying matter
technical information on music
Cataloging source
N$T
http://library.link/vocab/creatorDate
1960-
http://library.link/vocab/creatorName
Taleb, Nassim Nicholas
Dewey number
302/.12
Form of composition
not applicable
Format of music
not applicable
LC call number
HM1101
Literary text for sound recordings
other
Music parts
not applicable
PerformerNote
Read by Joe Ochman
http://library.link/vocab/relatedWorkOrContributorName
Ochman, Joe
http://library.link/vocab/subjectName
  • Risk
  • Risk-taking (Psychology)
  • Information asymmetry
  • Uncertainty (Information theory)
  • Complexity (Philosophy)
  • PSYCHOLOGY / Social Psychology
  • Nonfiction
  • Business
  • Philosophy
  • Politics
  • Complexity (Philosophy)
  • Risk
  • Uncertainty (Information theory)
Transposition and arrangement
not applicable
Label
Skin in the game : hidden asymmetrics in daily life, Nassim Nicholas Taleb
Link
Instantiates
Publication
Antecedent source
unknown
Capture and storage technique
unknown
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
not applicable
Configuration of playback channels
unknown
Content category
spoken word
Content type code
  • spw
Content type MARC source
rdacontent
Control code
on1025328052
Dimensions
  • not applicable
  • unknown
Edition
Unabridged.
Extent
1 online resource (1 audio file)
File format
unknown
Form of item
online
Groove width / pitch
not applicable
Isbn
9780525630920
Kind of cutting
not applicable
Kind of disc cylinder or tape
not applicable
Kind of material
unknown
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other physical details
digital
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
sound
Special playback characteristics
digital recording
Specific material designation
  • other
  • remote
Speed
other
Stock number
5CCBFDCC-38D4-4CB9-8E0F-99A474FE9E50
System control number
  • (Sirsi) o1025328052
  • (OCoLC)1025328052
Tape configuration
not applicable
Tape width
not applicable
Label
Skin in the game : hidden asymmetrics in daily life, Nassim Nicholas Taleb
Link
Publication
Antecedent source
unknown
Capture and storage technique
unknown
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
not applicable
Configuration of playback channels
unknown
Content category
spoken word
Content type code
  • spw
Content type MARC source
rdacontent
Control code
on1025328052
Dimensions
  • not applicable
  • unknown
Edition
Unabridged.
Extent
1 online resource (1 audio file)
File format
unknown
Form of item
online
Groove width / pitch
not applicable
Isbn
9780525630920
Kind of cutting
not applicable
Kind of disc cylinder or tape
not applicable
Kind of material
unknown
Level of compression
unknown
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Other physical details
digital
Quality assurance targets
not applicable
Reformatting quality
unknown
Sound
sound
Special playback characteristics
digital recording
Specific material designation
  • other
  • remote
Speed
other
Stock number
5CCBFDCC-38D4-4CB9-8E0F-99A474FE9E50
System control number
  • (Sirsi) o1025328052
  • (OCoLC)1025328052
Tape configuration
not applicable
Tape width
not applicable

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