Skin in the Game: Hidden Asymmetries in Daily Life
(Adobe EPUB eBook, Kindle Book, OverDrive Read)
Author:
Series:
Published:
Random House Publishing Group 2018
Status:
Checked Out
Description
#1 NEW YORK TIMES BESTSELLER • 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 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.”
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 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.”
Formats
Adobe EPUB eBook
Works on all eReaders (except Kindles), desktop computers and mobile devices with reading apps installed.
Kindle Book
Works on Kindles and devices with a Kindle app installed.
OverDrive Read
Need Help?
If you are having problem transferring a title to your device, please fill out this support form or visit the library so we can help you to use our eBooks and eAudio Books.
If you are having problem transferring a title to your device, please fill out this support form or visit the library so we can help you to use our eBooks and eAudio Books.
More Copies In LINK+
Loading LINK+ Copies...
More Details
Format:
Adobe EPUB eBook, Kindle Book, OverDrive Read
Street Date:
02/27/2018
Language:
English
ISBN:
9780425284636
ASIN:
B075HYVP7C
Reviews from GoodReads
Loading GoodReads Reviews.
Citations
APA Citation (style guide)
Nassim Nicholas Taleb. (2018). Skin in the Game: Hidden Asymmetries in Daily Life. Random House Publishing Group.
Chicago / Turabian - Author Date Citation (style guide)Nassim Nicholas Taleb. 2018. Skin in the Game: Hidden Asymmetries in Daily Life. Random House Publishing Group.
Chicago / Turabian - Humanities Citation (style guide)Nassim Nicholas Taleb, Skin in the Game: Hidden Asymmetries in Daily Life. Random House Publishing Group, 2018.
MLA Citation (style guide)Nassim Nicholas Taleb. Skin in the Game: Hidden Asymmetries in Daily Life. Random House Publishing Group, 2018.
Note! Citation formats are based on standards as of July 2022. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
Copy Details
| Library | Owned | Available |
|---|---|---|
| Shared Digital Collection | 3 | 0 |
Staff View
Grouped Work ID:
b203cbca-4313-067c-2f53-cd3a050e4425
Needs Update?:
No
Date Added:
Jun 12, 2018 16:13:39
Date Updated:
Feb 06, 2021 06:05:49
Last Metadata Check:
Apr 21, 2024 07:38:16
Last Metadata Change:
Jun 04, 2023 09:52:13
Last Availability Check:
Apr 21, 2024 07:38:19
Last Availability Change:
Apr 16, 2024 15:16:51
Last Grouped Work Modification Time:
Apr 25, 2024 02:10:18
OverDrive Product Record
- images
- cover:
- href: https://img1.od-cdn.com/ImageType-100/0111-1/{62A1D07D-FD5E-4F27-AE3A-E2936EAB4ACD}Img100.jpg
- type: image/jpeg
- thumbnail:
- href: https://img1.od-cdn.com/ImageType-200/0111-1/{62A1D07D-FD5E-4F27-AE3A-E2936EAB4ACD}Img200.jpg
- type: image/jpeg
- cover150Wide:
- href: https://img1.od-cdn.com/ImageType-150/0111-1/62A/1D0/7D/{62A1D07D-FD5E-4F27-AE3A-E2936EAB4ACD}Img150.jpg
- type: image/jpeg
- cover300Wide:
- href: https://img1.od-cdn.com/ImageType-400/0111-1/62A/1D0/7D/{62A1D07D-FD5E-4F27-AE3A-E2936EAB4ACD}Img400.jpg
- type: image/jpeg
- cover:
- formats
- identifiers:
- type: ISBN
- value: 9780425284636
- type: PublisherCatalogNumber
- value: 537828
- name: Adobe EPUB eBook
- id: ebook-epub-adobe
- identifiers:
- identifiers:
- type: ASIN
- value: B075HYVP7C
- type: PublisherCatalogNumber
- value: 537828
- name: Kindle Book
- id: ebook-kindle
- identifiers:
- identifiers:
- type: ISBN
- value: 9780425284636
- type: PublisherCatalogNumber
- value: 537828
- name: OverDrive Read
- id: ebook-overdrive
- identifiers:
- mediaType
- eBook
- primaryCreator
- role: Author
- name: Nassim Nicholas Taleb
- title
- Skin in the Game
- dateAdded
- 2018-02-23T18:04:00-05:00
- contentDetails
- href: https://link.overdrive.com/?websiteID=141&titleID=3538569
- type: text/html
- account:
- name: Sacramento Public Library (CA)
- id: 1151
- sortTitle
- Skin in the Game Hidden Asymmetries in Daily Life
- crossRefId
- 3538569
- series
- Incerto
- subtitle
- Hidden Asymmetries in Daily Life
- id
- 62a1d07d-fd5e-4f27-ae3a-e2936eab4acd
- starRating
- 3.4
OverDrive MetaData
- isPublicDomain
- False
- formats
- fileName: SkinintheGame_9780425284636_3538569
- partCount: 0
- fileSize: 9953548
- identifiers:
- type: ISBN
- value: 9780425284636
- type: PublisherCatalogNumber
- value: 537828
- rights:
- type: Copying
- value: 0
- type: Printing
- value: 0
- type: Lending
- value: 0
- type: ReadAloud
- value: 0
- type: ExpirationRights
- value: 0
- name: Adobe EPUB eBook
- isReadAlong: False
- id: ebook-epub-adobe
- onSaleDate: 2/27/2018
- samples:
- source: From the book
- formatType: ebook-overdrive
- url: https://samples.overdrive.com/?crid=62a1d07d-fd5e-4f27-ae3a-e2936eab4acd&.epub-sample.overdrive.com
- fileName: SkinintheGame_3538569
- partCount: 0
- fileSize: 0
- identifiers:
- type: PublisherCatalogNumber
- value: 537828
- type: ASIN
- value: B075HYVP7C
- name: Kindle Book
- isReadAlong: False
- id: ebook-kindle
- onSaleDate: 2/27/2018
- samples:
- source: From the book
- formatType: ebook-overdrive
- url: https://samples.overdrive.com/?crid=62a1d07d-fd5e-4f27-ae3a-e2936eab4acd&.epub-sample.overdrive.com
- fileName: SkinintheGame_9780425284636_3538569
- partCount: 0
- fileSize: 9849261
- identifiers:
- type: ISBN
- value: 9780425284636
- type: PublisherCatalogNumber
- value: 537828
- name: OverDrive Read
- isReadAlong: False
- id: ebook-overdrive
- onSaleDate: 2/27/2018
- samples:
- source: From the book
- formatType: ebook-overdrive
- url: https://samples.overdrive.com/?crid=62a1d07d-fd5e-4f27-ae3a-e2936eab4acd&.epub-sample.overdrive.com
- keywords
- value: politics
- value: seneca
- value: Business Intelligence
- value: risk management
- value: Business
- value: money
- value: Nonfiction
- value: strategy
- value: Social Psychology
- value: Problem Solving
- value: Donald Trump
- value: philosophy
- value: Economy
- value: decision making
- value: Geopolitics
- value: economic history
- value: game theory
- value: reward
- value: ethics
- value: psychology
- value: Popular Philosophy
- value: Finance
- value: Randomness
- value: Probability
- value: Business and Economics
- value: accountability
- value: uncertainty
- value: social science
- value: Economics
- value: Social Philosophy
- value: popper
- value: ownership
- value: Immanuel Kant
- value: Incerto
- value: business books
- value: hammurabi
- value: antifragility
- value: adaptive markets
- value: managing business ethics
- creators
- role: Author
- fileAs: Taleb, Nassim Nicholas
- bioText: 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 forty-one 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.
- name: Nassim Nicholas Taleb
- imprint
- Random House
- publishDate
- 2018-02-27T00:00:00-05:00
- isOwnedByCollections
- True
- title
- Skin in the Game
- fullDescription
- #1 NEW YORK TIMES BESTSELLER • 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 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.” - seriesId
- 1341115
- reviews
- premium: True
- source:
- content:
Noted statistician and business philosopher Taleb (Antifragile: Things that Gain from Disorder, 2012, etc.) continues to inform us, none too gently, that we've got it all wrong."The curse of modernity is that we are increasingly populated by a class of people who are better at explaining than understanding." The author argues that too much of our received wisdom in governance, finance, and other realms comes from academics and bureaucrats who aren't taking calculated risks to advance civilization. Taleb reminds us that this "skin in the game" can be quite literal: One poor Persian judge was flayed alive for misconduct, with his son assuming the job on a seat made from his father's flesh. "Skin in the game," by the author's reckoning, is more metaphorical, but nonetheless, it means that almost all of us who are not shielded by institutions and retainers "pay a price for [our] mistakes" and with any luck learn from them. Taleb's take on things is largely libertarian, though he approvingly quotes a source as saying that this libertarianism is best applied at the federal level, while at the interpersonal level of family and friends, we should be socialists--i.e., share with kin, not with coercers. Even there--and even though Ron Paul is one of the book's dedicatees--Taleb is no ideological purist. As he notes, even though the ideal of freedom is "one's first most essential good," some regulation is in order "if you can't effectively sue." The book is written at a high intellectual level, despite the author's dismissal of intellectualism, and contains some daunting math (relegated to an appendix, happily). Taleb is at his best when he simplifies his arguments down to rules and speaks as a mentor to would-be statist youth, as when he counsels, "You must start a business. Put yourself on the line, start a business."Smart and provocative, updating Robert Nozick and Friedrich Hayek while providing plenty of grist for liberal counterargument.
COPYRIGHT(2018) Kirkus Reviews, ALL RIGHTS RESERVED. (Online Review)
- popularity
- 1965
- links
- self:
- href: https://api.overdrive.com/v1/collections/v1L1BWwAAAA2I/products/62a1d07d-fd5e-4f27-ae3a-e2936eab4acd/metadata
- type: application/vnd.overdrive.api+json
- self:
- id
- 62a1d07d-fd5e-4f27-ae3a-e2936eab4acd
- starRating
- 3.5
- readingOrder
- 5
- images
- cover:
- href: https://img1.od-cdn.com/ImageType-100/0111-1/{62A1D07D-FD5E-4F27-AE3A-E2936EAB4ACD}Img100.jpg
- type: image/jpeg
- thumbnail:
- href: https://img1.od-cdn.com/ImageType-200/0111-1/{62A1D07D-FD5E-4F27-AE3A-E2936EAB4ACD}Img200.jpg
- type: image/jpeg
- cover150Wide:
- href: https://img1.od-cdn.com/ImageType-150/0111-1/62A/1D0/7D/{62A1D07D-FD5E-4F27-AE3A-E2936EAB4ACD}Img150.jpg
- type: image/jpeg
- cover300Wide:
- href: https://img1.od-cdn.com/ImageType-400/0111-1/62A/1D0/7D/{62A1D07D-FD5E-4F27-AE3A-E2936EAB4ACD}Img400.jpg
- type: image/jpeg
- cover:
- isPublicPerformanceAllowed
- False
- languages
- code: en
- name: English
- subjects
- value: Business
- value: Philosophy
- value: Politics
- value: Nonfiction
- publishDateText
- 02/27/2018
- otherFormatIdentifiers
- type: ISBN
- value: 9780425284629
- mediaType
- eBook
- shortDescription
- #1 NEW YORK TIMES BESTSELLER • 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:
... - sortTitle
- Skin in the Game Hidden Asymmetries in Daily Life
- crossRefId
- 3538569
- series
- Incerto
- subtitle
- Hidden Asymmetries in Daily Life
- publisher
- Random House Publishing Group
- bisacCodes
- code: BUS008000
- description: Business & Economics / Business Ethics
- code: PHI005000
- description: Philosophy / Ethics & Moral Philosophy
- code: POL023000
- description: Political Science / Political Economy
