
Skin in the Game: Hidden Asymmetries in Daily Life

Skin in the Game by Nassim Taleb
Tim Ferriss • The Almanack of Naval Ravikant: A Guide to Wealth and Happiness
Everyone has to cope with the unknowability of the future. At its most capacious, this is what insurance is about: finding ways to protect ourselves and one another in the face of life’s inevitable perils and uncertainties. Risk can be individualized and commodified or shared and treated as a kind of commons. We can approach risk reactively,
... See moreAstra Taylor • The Age of Insecurity: Coming Together as Things Fall Apart (The CBC Massey Lectures)
Everyone has to cope with the unknowability of the future. At its most capacious, this is what insurance is about: finding ways to protect ourselves and one another in the face of life’s inevitable perils and uncertainties. Risk can be individualized and commodified or shared and treated as a kind of commons. We can approach risk reactively,
... See moreAstra Taylor • The Age of Insecurity: Coming Together as Things Fall Apart (The CBC Massey Lectures)
Which brings us to the largest fragilizer of society, and greatest generator of crises, absence of “skin in the game.”