
Skin in the Game
Hidden Asymmetries in Daily Life
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Narrado por:
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Joe Ochman
Acerca de esta escucha
Number-one New York Times best seller
A bold work from the author of The Black Swan that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility.
In 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 asymmetrically 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 have 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."
©2018 Nassim Nicholas Taleb (P)2018 Random House AudioLos oyentes también disfrutaron...
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Historia
Throughout history, a powerful force has hindered the growth of human welfare and happiness. It is more powerful than the Mafia or the military. It has global catastrophic effects and can be found anywhere from the world's most powerful boardrooms to your local bar. It is human stupidity. Carlo M. Cipolla, noted professor of economic history at the UC Berkeley, created this vitally important book in order to detect and neutralize its threat.
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What do you have to loose?
- De Andres en 04-06-21
De: Carlo M. Cipolla, y otros
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The Calm Before the Storm
- Why Volatility Signals Stability and Vice Versa
- De: Nassim Nicholas Taleb, Gregory F. Treverton
- Narrado por: Kevin Stillwell
- Duración: 27 m
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Historia
Instead of trying to predict "Black Swan" events such as coups or crises, forecasters should look at how political systems handle disorder. The best indicator of a country's future trajectory is not a lengthy past stability, but recent moderate volatility.
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Fine Taleb, but repeats some themes in other books
- De Philo en 03-23-15
De: Nassim Nicholas Taleb, y otros
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The Sovereign Individual
- Mastering the Transition to the Information Age
- De: James Dale Davidson, Peter Thiel - preface, William Rees-Mogg
- Narrado por: Michael David Axtell
- Duración: 19 h y 20 m
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Two renowned investment advisors and authors of the best seller The Great Reckoning bring to light both currents of disaster and the potential for prosperity and renewal in the face of radical changes in human history as we move into the next century. The Sovereign Individual details strategies necessary for adapting financially to the next phase of Western civilization.
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Unfortunately distopian for mosty of humanity
- De Phil en 09-29-20
De: James Dale Davidson, y otros
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The Evolution of Everything
- How New Ideas Emerge
- De: Matt Ridley
- Narrado por: Steven Crossley
- Duración: 13 h y 9 m
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The Evolution of Everything is about bottom-up order and its enemy, the top-down twitch - the endless fascination human beings have with design rather than evolution, with direction rather than emergence. Drawing on anecdotes from science, economics, history, politics, and philosophy, Matt Ridley's wide-ranging, highly opinionated opus demolishes conventional assumptions that major scientific and social imperatives are dictated by those on high.
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Brilliant!
- De Winfield en 12-16-15
De: Matt Ridley
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Six Easy Pieces
- Essentials of Physics Explained by Its Most Brilliant Teacher
- De: Richard P. Feynman
- Duración: 5 h
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It was Richard Feynman's outrageous and scintillating method of teaching that earned him legendary status among students and professors of physics. From 1961 to 1963, Feynman delivered a series of lectures at the California Institute of Technology that revolutionized the teaching of physics around the world. Six Easy Pieces, taken from these famous Lectures on Physics, represent the most accessible material from the series.
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A Man for All Markets
- From Las Vegas to Wall Street, How I Beat the Dealer and the Market
- De: Edward O. Thorp, Nassim Nicholas Taleb - foreword
- Narrado por: Edward O. Thorp
- Duración: 16 h y 30 m
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The incredible true story of the card-counting mathematics professor who taught the world how to beat the dealer and, as the first of the great quantitative investors, ushered in a revolution on Wall Street.
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A life of a genius
- De Oleksiy Volovik en 05-08-17
De: Edward O. Thorp, y otros
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Antifragile
- Prosperare nel disordine
- De: Nassim Nicholas Taleb
- Narrado por: Nicola Bonimelli
- Duración: 18 h y 35 m
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Questo audiolibro offre una nuova visione del mondo. La prospettiva che cambierà le nostre idee sulla società e ispirerà le nostre scelte quotidiane. Ci aiuterà a comprendere come il nostro corpo si protegge dalle malattie e le specie viventi si evolvono, come la libertà d'impresa crea prosperità e il genio si trasforma in innovazione.
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Please write Italian version on the title
- De FA en 11-13-21
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Zero to One
- Notes on Startups, or How to Build the Future
- De: Peter Thiel, Blake Masters
- Narrado por: Blake Masters
- Duración: 4 h y 50 m
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The great secret of our time is that there are still uncharted frontiers to explore and new inventions to create. In Zero to One, legendary entrepreneur and investor Peter Thiel shows how we can find singular ways to create those new things.
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Seems Insightful Until You Think A Little Deeper
- De Mark Brandon en 10-31-14
De: Peter Thiel, y otros
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The Tao of Seneca
- Practical Letters from a Stoic Master, Volume 1
- De: Seneca presented by Tim Ferriss Audio
- Narrado por: John A. Robinson
- Duración: 8 h y 46 m
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The Tao of Seneca (volumes 1-3) is an introduction to Stoic philosophy through the words of Seneca. If you study Seneca, you'll be in good company. He was popular with the educated elite of the Greco-Roman Empire, but Thomas Jefferson also had Seneca on his bedside table. Thought leaders in Silicon Valley tout the benefits of Stoicism, and NFL management, coaches, and players alike - from teams such as the Patriots and Seahawks - have embraced it.
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Interesting voice actor but
- De Jason en 01-27-16
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The Great Mental Models
- General Thinking Concepts
- De: Shane Parrish
- Narrado por: Shane Parrish
- Duración: 3 h y 23 m
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The Great Mental Models: General Thinking Concepts is the first book in The Great Mental Models series designed to upgrade your thinking with the best, most useful and powerful tools so you always have the right one on hand. This volume details nine of the most versatile all-purpose mental models you can use right away to improve your decision making, your productivity, and how clearly you see the world.
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A dissapointing debut
- De Peter en 04-14-19
De: Shane Parrish
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The Lessons of History
- De: Will, Ariel Durant
- Narrado por: Grover Gardner
- Duración: 5 h y 35 m
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The authors devoted five decades to the study of world history and philosophy, culminating in the masterful 11-volume Story of Civilization. In this compact summation of their work, Will and Ariel Durant share the vital and profound lessons of our collective past. Their perspective, gained after a lifetime of thinking and writing about the history of humankind, is an invaluable resource for us today.
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This is a must for every Educated Person
- De BradleyBurr en 10-29-07
De: Will, y otros
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Principles
- Life and Work
- De: Ray Dalio
- Narrado por: Ray Dalio, Jeremy Bobb
- Duración: 16 h y 5 m
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Ray Dalio, one of the world's most successful investors and entrepreneurs, shares the unconventional principles that he's developed, refined, and used over the past 40 years to create unique results in both life and business - and which any person or organization can adopt to help achieve their goals.
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Idea-meritocracy/Principles Reference
- De P Eberle en 06-30-18
De: Ray Dalio
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Reality Is Not What It Seems
- The Journey to Quantum Gravity
- De: Carlo Rovelli, Simon Carnell - translator, Erica Segre - translator
- Narrado por: Roy McMillan
- Duración: 6 h y 7 m
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From the New York Times best-selling author of Seven Brief Lessons on Physics, The Order of Time, and Helgoland, a closer look at the mind-bending nature of the Universe. What are the elementary ingredients of the world? Do time and space exist? And what exactly is reality? Theoretical physicist Carlo Rovelli has spent his life exploring these questions. He tells us how our understanding of reality has changed over the centuries and how physicists think about the structure of the Universe today.
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Most compelling physics book in at least 10 years!
- De Kyle en 02-03-17
De: Carlo Rovelli, y otros
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The Beginning of Infinity
- Explanations That Transform the World
- De: David Deutsch
- Narrado por: Walter Dixon
- Duración: 20 h
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A bold and all-embracing exploration of the nature and progress of knowledge from one of today's great thinkers. Throughout history, mankind has struggled to understand life's mysteries, from the mundane to the seemingly miraculous. In this important new book, David Deutsch, an award-winning pioneer in the field of quantum computation, argues that explanations have a fundamental place in the universe.
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Worthwhile if you have the patience
- De Scott Feuless en 08-12-19
De: David Deutsch
Better off read than heard
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I am not sure why there are so many negative comments, other than perhaps a modern aversion, bordering on cowardice, to strongly argued points. Calling out Thomas Friedman by name for being wrong about almost every major trend in his career - including support for the war in Iraq that ended the lives of the 10000s and helped plunge the middle east into chaos? Heaven forbid we should be so impolite as to suggest that someone of his repute literally has blood on his hands and still parades around in his hubris and ignorance? Meanwhile principled detractors and critics like Chris Hedges are forced out of their jobs and utterly marginalized for speaking the truth from a position of first-hand knowledge and experience.
Nassim Taleb has a particularly salient understanding of the world and does not pull punches. We need more people like him in order to break through the self-serving complacency of our supposed "intellectual" class, which has been leading the U.S. into one military, political and economic disaster after another.
Turn off CNN, put down the NYT and go outside and look around you.
Excellent Work. Not sure why so many detractors.
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Another brilliant book by Taleb!
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Excellent description on what's going on now
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More about Agency issues than Investing
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Listening to a bully....
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Great addition to your worldview
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Perspective Changing Book
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interesting insights
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probably better to read
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