[Twitter] Nassim Taleb’s interview with Tucker Carlson when Skin in the Game came out

with Tucker Carlson when Skin in the Game (SITG) came out: Imagine fewer bureaucrats with no SITG, no CIA, a noninterventionist State Dept… In SITG I said that sending State Dept employees to the beach would be better for America & much better for the world.

YouTube video of the interview

You can get the book (Skin in the Game: Hidden Asymmetries in Daily Life) here: Paperback or Hardcover

Nassim explains the Kelly criterion

Nassim explains the Kelly criterion and illustrates why “risk aversion” in Behavioral Finance is Micky Mouse(™) Science.

Note: If viewing this as an email please click through to the post to view content.

Nassim’s “IQ” Thread


“IQ” measures an inferior form of intelligence, stripped of 2nd order effects, meant to select paper shufflers, obedient IYIs. 1- When someone asks you a question in REAL LIFE, you focus first on “WHY is he asking me that?”, which slows down. (Fat Tony vs Dr John)

Link to Thread: https://twitter.com/nntaleb…

[YouTube] Nassim Nicholas Taleb: “Skin in the Game” | Talks at Google

American essayist, scholar and former trader Nassim Nicholas Taleb, whose work focuses on problems of randomness, probability, and uncertainty, discusses his latest book “Skin in the Game”.

Nassim explores the notion that ‘skin in the game’ is necessary for fairness, commercial efficiency, and risk management, and key to making sense of the world at large.

Get the book here: https://amzn.to/2Tg0Fy1

Medium: What do I mean by Skin in the Game? My Own Version

photo of elephants

What is Skin in the Game? The phrase is often mistaken for one-sided incentives: the promise of a bonus will make someone work harder for you. For the central attribute is symmetry: the balancing of incentives and disincentives, people should also penalized if something for which they are responsible goes wrong and hurts others: he or she who wants a share of the benefits needs to also share some of the risks.

Link: https://medium.com/incerto/what-do-i-mean-by-skin-in-the-game-my-own-version-cc858dc73260