Skin in the Game

Hidden Asymmetries in Daily Life

Paperback, 304 pages

English language

Published Jan. 7, 2020 by Random House Trade Paperbacks.

ISBN:
978-0-425-28464-3
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3 stars (3 reviews)

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 complex worldview that, as Nassim Nicholas Taleb shows in this book, applies to literally all aspects of our lives. In his inimitable style, Taleb pulls on everything from Antaeus the Giant to Hammurabi to Donald Trump to Seneca to the ethics of disagreement to create a jaw-dropping tapestry for understanding our world in a brand new way.

The phrase "skin in the game" means that you do not pay attention to what people say, only to what they do, and to how much of their necks they are putting on the line. This willingness to accept one's own risks is an essential attribute of people in all walks of life. Taleb challenges long-held beliefs about those who control our …

8 editions

Review of 'Skin in the Game' on 'Goodreads'

1 star

I have had to stop reading this book after around 35%. The whole presumption of the book - people tend to make the best decisions when they are directly effected by then - sounds interesting.

However, the author goes on, raging about the "inerventionistas", trying to cause a they-against-us argument, without explaining the why and how.

The whole book seems to be written for people who already agree with the authors view. Therefore, for someone who likes to have their views challenged, it is definitely not worth reading.

Add to that the fact that the whole book seems to be a random assortment of texts that have never been meant to add up to a full book and you end up with something completely unreadable.

Review of 'Skin in the Game' on 'Goodreads'

3 stars

Nassim is smart but he's such a blow-hard. He constantly says that "person x is not rigorous" and yet he himself doesn't display any of this rigor he values so much.

He says "this is not ergodic..." or "lacks ergodicity" and always adds "we'll define that soon... I'm coming to that..." but he never does.

He has some good ideas, and his general idea for this book, that people should have skin in the game, is probably valid. But it could be argued far more effectively in a far shorter book by a much better writer.

Review of 'Jouer sa peau : asymétries cachées dans la vie quotidienne' on 'Goodreads'

5 stars

Quelle claque. Je n'ai pas d'autres mots, ce livre est une claque massive. A une époque tournée de plus en plus sur le brassage de vent, la dilution de la responsabilité en entreprise, l'indignation et le combat social permanent sans vraiment d'investissement, ce livre arrive à point nommé et rejoint énormément d'idées que j'essayais d'ébaucher depuis un certains temps.

"Facta non verba". Concernant une certaine classe de population qui n'hésite pas à hurler sur les réseaux sociaux leur indignation permanente mais qui jamais n'applique dans sa propre vie les changements qu'elle estime nécessaire d'un point de vue macro par exemple, ce livre en joint à oser regarder les choses en face et à questionner à quel point on ose mettre notre propre peau en jeu pour des idéaux dont l'on passe son temps à parler : "Rappelez-vous que mettre sa peau en jeu signifie ne pas prêter attention à …