Skin in the Game by Nassim Nicholas Taleb

Skin in the Game

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Details Skin in the Game

TitleSkin in the Game
ISBN9780241300657
Author
Release DateJun 1st, 2018
PublisherAllen Lane
LanguageEnglish
GenreNonfiction, Philosophy, Economics, Business, Psychology, Finance
Rating

Reviews Skin in the Game

  • Ryan Boissonneault
    2018-03-01
    Skin in the Game is at the same time thought-provoking and original but also contradictory and sometimes absurd. Let’s start with the cons:1. I certainly won’t be the first to notice that Taleb can be mean-spirited. But why does he insist on presenting his views in this way? The communication of his ideas, often profound, does not require a mean-spirited or condescending tone. For however brilliant Taleb thinks he is, his skills in persuasion...
  • Nilesh
    2018-03-01
    SITG is an angry rant. It lacks structure. The core message - mainly because of the author’s often misplaced and wrong arguments against his self-created adversaries - is never examined beyond the title’s most known or intuitive conventional meaning. The basic concept is at least as old as the adage itself. The author does little to bolster the claim while spending all efforts on slamming real or imagined opponents. The book’s frequent dive...
  • Magnus Ahmad
    2018-02-21
    Pop-science in it's lowest form. Book reads like a poorly researched, hastily written college essay. Strings together a few nuggets of common sense wisdom with sizeable amounts of unreferenced BS. Taleb is a shark, living off a reputation and using his own fanbase like an ATM.
  • Ill D
    2018-03-20
    Taleb's the hero.
  • Ivank
    2018-03-04
    In this book #4, Taleb is more arrogant and pretentious than ever. You can never let go of the feeling that this book is about him, rather than any other topic. He's become profoundly obnoxious and negative. Despite some good points in the book, reading it feels like carrying a burden. In this new book Taleb goes to extra lengths to attack David Runciman, head of the politics department at Cambridge, and a Guardian book reviewer who had torn apar...
  • Muwaffaq
    2018-02-26
    I wanted to like this and I certainly did at the beginning. All of his insults are complex, original and amusing but he insults so many people so frequently that the process itself becomes tedious. I do enjoy his historical anecdotes, but again there are a large volume of them, and not always obviously with a point, other than a demonstration of his research or recall abilities. It is the fact that he criticises many individuals in passing with a...
  • Peter Mcloughlin
    2018-03-16
    I like Taleb's books while hating his politics. I like that he says what he thinks is true and doesn't care who he pisses off. He is also right about a lot of things. He is on target with his jibes at chattering classes who no skin in the game and blythly go on about issues that they will lose nothing on if they are wrong. no accountability. when he goes off on politics defending Trump he goes off rails. Just because his enemies who he calls inte...
  • Gaurav Mathur
    2018-02-27
    Aah, Taleb. I have read all his non-technical books at least twice, so of course it was with great enthusiasm that I bought this... SITG.Bit of a bummer.SITG has some great insights, but most of them were shared on his Twitter account, and his posts on Medium. That is:(SITG book - Previous works - Medium posts = few new insights)Also, a bit of complaining about how his ideas were not listened to.But of course applaud the man for pursuing his idea...
  • Daniel Cañueto
    2018-02-24
    Taleb should know by now that, according to Lindy effect, he should respect the canonical writing style and analysis schemes he tries to avoid.Less new ideas and more off-topic resentful digression. His message keeps being interesting. However, Jordan B. Peterson has been able to distil it in a more productive way for humanity (and not only for contrarian elitists).
  • Gints Dreimanis
    2018-03-01
    Hey, another one who doesn't give a fuck. NNT is a bit of a diva, and it is obvious that he has some beef with a lot of people. He certainly sounds right. But is he? I don't know. The book revolves around the notion that people not having skin in the game will fuck us up, somehow. Turns out that the idea of skin in the game can be applied to a wide variety of fields and professions. Especially the ones Taleb doesn't like, like academics, policy m...
  • Lucas Carlson
    2018-02-28
    Love this book. Much smaller in number of words than his others, but equally dense if not more so with ideas. It’s a great compliment to the rest of his books and ties his ideas together well. I’ve heard a lot of otherwise smart people criticize Taleb as trying to sound smart without saying anything new or special, but I can’t disagree more. If I had to distill everything Taleb into one idea, I would focus on the last few sentences of this ...
  • Harsh Gupta
    2018-03-09
    Brilliant book. Many chapters of the book are available on medium, for example https://medium.com/incerto/the-most-i...Caveats:* Taleb is **not** meant to be read literally.* Read "Antifragile" or "Black Swan" before reading this to better appreciate the content, especially if Taleb's article on "Intellectual Yet Idiot" offends you https://medium.com/incerto/the-intell... Better get some "skin in the game" :D
  • Zahwil
    2018-03-10
    Few authors through their writing have the ability to make one really think; Taleb is one of the few who can and does. There are many ways to be critical about this book, and the criticisms would not be groundless. For one, Taleb expresses contempt for many present-day scholars such as Steven Pinker, Richard Thaler, and Thomas Picketty. One of the nicer expressions he coins for this group is IYI (Intellectual Yet Idiot). As is usually the case, a...
  • Stephan
    2018-03-15
    “The mark of a charlatan is to defend his position or attack a critic by focusing on some specific statement (“ look at what he said”) rather than blasting his exact position (“ look at what he means” or, more broadly, “look at what he stands for”)— for the latter requires an extensive grasp of the proposed idea.”This quote from Mr. Taleb perfectly summarizes my problems with his book.The general theme of the book is that one sh...
  • Mike Peleah
    2018-03-25
    "Skin in the Game" is fourth book of Taleb's Incerto. This volume focuses on Asymmetries in a range of things, from politics, to religion, to GMO. The book presents insights in very readable way, combined with real stories and well peppered by Taleb's trademark arrogance.
  • Denis Vasilev
    2018-03-01
    Рациональность как выживание, связь действий с результатом. Есть хорошие дополнения к привычной картине рассмотрения религий с позиции их «рациональности». Как обычно идет мочилово неугодных автору академиков и наук.
  • Jeffrey
    2018-03-01
    Five stars only because six weren't available.
  • Bhashit Parikh
    2018-03-09
    More wisdom from Taleb. Since this was a Taleb book, I was ready to give it a five star rating without even reading it. Well, I did finish it. And it's not as long or as densely packed as his other books, it's more like a long summary of ideas with some ideas explained in more detail. As with all Taleb books, this one's pretty entertaining too.If you haven't ready any Taleb books before, this is probably not the place to start. It's rather succie...
  • John Edgar Mihelic
    2018-03-05
    Iconoclasm Sells Books: The Writings of N. N. TalebThe story goes that Socrates was the wisest man in Athens, because only he admitted he knew nothing. Taleb is the Socratic inverse, because he believes that only he knows everything.I have a lot of feelings about Nassim Taleb, most of them not charitable. He’s got me blocked on social media for reasons unknown to me. He brags about liking to win, but that’s not a win.I actually dislike him so...
  • Max Nova
    2018-03-06
    Full review and highlights at https://books.max-nova.com/skin-in-the-gameTaleb strikes again with "Skin in the Game". This incendiary book is the source of his notorious "Intellectual Yet Idiot" essay, as well as several other fiery gems, such as "How to Legally Own Another Person." This book feels a bit more discombobulated than his previous works - it is really a collection of essays only mildly related to each other by the idea that fair expos...
  • Wellington
    2018-03-20
    It is certainly provocative and has a powerful core message - one the makes a lot of sense. Liked it a lot!Sometimes, the structure confused me a bit. Felt more like a collection of essays on related subjects than a progression of thought. In a certain way, it is like Incerto (the collection of Taleb's books related to uncertainty), but in a smaller scale (a collection of essays related to asymmetry, but not necessarily presented in a sequential ...
  • Mohammad Mehdi Dadgostar
    2018-02-20
    The only book that I bought 2 copies of that because "nothing without skin in the game." "Reputation is for slaves.Honor, Courage, & Integrity is for the Self-Owned. ""How much you truly “believe” in something can only be manifested through what you are willing to risk for it."In this book, Taleb shows how intellectuals (Yet Idiots) ruin societies by not taking the risks that others will pay the consequences for them.He shows how religion can...
  • Craig Jaquish
    2018-03-26
    If it isn’t clear why an entire book should be devoted to the importance of having skin in the game it’s probably owing to an overheavy stress on incentives—which are important but at the same time fairly well understood and often already adequately structured. Taleb’s mission is to draw attention to the increasing prevalence of incentive without proportional disincentive whereby bureaucrats, administrative types, policy makers, politicia...
  • Taka
    2018-03-09
    Taleb does it again--CHOCKFULL of insights, surprising, counterintuitive insights. But not only that, he basically snubs the whole discipline of psychology (possibly even Daniel Kahneman's prospect theory) when it comes to rationality and risk-taking. Now, as a long-term believer in psychology as a scientific endeavor, I was in for quite a bit of shock and fascination. Recently I've had doubts about the results of learning science (a branch of ps...
  • Venky
    2018-03-13
    1. Two footnotes in this book reveal in stark detail the character (of a total lack of it) of the author. I have no choice but to reproduce the two obscene, insensitive and uncalled for footnotes as they appear in the book:• Actually I usually joke that my death plus someone I don’t like surviving, such as the journalistic professor Steven Pinker, is worse than just my death;• Just consider that: it is impossible for a billion people to sle...
  • Daniel
    2018-03-26
    Taleb is at it again: writing a great book while at the same time insulting almost everyone notable Skin in the game is important for us to judge whether. particular advice should be followed. Thus people with a reputation to uphold (professionals), people who risk their own money (business founders and hedge fund managers), people who risk their lives (firemen, police) should be given more credibility when they give advice. On the other hand, pe...
  • Ajay
    2018-03-25
    Some really good insights in a very small book -1. "When it comes to the country, I'm a libertarian, when it comes to the state, I'm a republican, when it comes to my city, I'm a Democrat, when it comes to my family, I'm a Socialist".2. Cost benefit analysis is not possible when there is a probability of Ruin.3. The west is in the process of committing ideological suicide (on minority rule).4. Its easier to Macrobullshit than it is to Microbullsh...
  • Ronald J.
    2018-03-15
    Skin in the game is based on symmetry and reciprocity in rewards and risks, not letting others pay a price for your mistakes. It's not just an incentive problem; mostly about justice, honor, and sacrifice.Lots of thought-provoking ideas in Nassim Taleb's latest installment of the Incerto (Latin for uncertainty). He deals with systems thinkings, the Lindy effect, risk-taking (including the Greek Synkyndineo--taking risks together, such as during m...
  • Fduchinar
    2018-03-20
    I liked a lot of ideas in the book. A lot of ideas in this book made me think. However, arrogance and toxicity of the author as well as personal attacks on his opponents really spoiled the experience. Just as a single turd would spoil a barrel of honey. It is easy to preach to the choir and this is what it is - not an attempt to persuade anyone. It is quite sad - a lot of ideas here are very good.
  • Joseph Brigante
    2018-03-02
    Another wonderful installment of the Incerto from Taleb.Like Antifragile, this kinda defies description. I would call it a philosophical treatise around having "skin in the game," meaning having a share of risk of harm in a given endeavor (not "risk of not getting something", risk of _harm_)It goes many places, all of them enriching. Definitely would recommend to anyone, and will be reading again, soon.