003: How to Take Risks and Thrive in a World of Uncertainty with Skin in the Game - Nassim Nicholas Taleb Becoming Antifragile

Lessons from reading Skin in the Game by Nassim Nicholas Taleb (1960 - present).

Skin in the Game argues that many of the world's problems spring from decision-makers unwilling to bear the risks of their ideas. Taleb argues that having skin in the game is necessary in life, commerce, and politics.

Nassim Taleb is a scholar, former options trader, statistician, and risk analyst. Taleb is known for his work on probabilities, randomness, and risk.

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00:00:00 - Dying in battle

00:01:45 - Living with skin in the game

00:05:45 - The Silver Rule

00:07:44 - Hammurabi code

00:10:21 - Why experts don’t have skin in the game

00:12:50 - Intellectual Yet Idiots

00:13:45 - GMO companies vs. scientists

00:14:48 - Bob Rubin & bureaucrats getting rich

00:17:35 - A captain who abandons his ship

00:18:24 - Willing to bear the risk

00:22:35 - Tolstoy and his friends

00:24:45 - The difference between Napoleon and Julian the Apostate

00:26:55 - Corporate slaves vs. entrepreneurs

00:30:27 - Modern universities

00:32:00 - Harrow sparrows and virtue signalling

00:34:10 - Why God must have skin in the game

00:37:24 - The Minority Rule

00:41:40 - Live well

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IJ Makan is a philosopher, designer, and martial artist.

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