Skin in the Game Excerpt

During my lunch break at noon, I re-read quickly the book written by Taleb - “Asymmetric Risk”, Skin In The Game - Hidden Asymmetries in Daily Life, dealing with uncertainty in the real world, and excerpted the wisdom from the book that I felt was worth to appreciate. Finance is a profession with a very realistic and hands-on approach. Expose yourself to the risk of some kind of investment, game, mission, vocation, devote yourself to an undertaking, enjoy its results, take its risks and suffer its losses. ...

February 3, 2022 · 4 min · alexchen

Nassim Nicholas Taleb Uncertainty Series in Four Parts

2021 Words to myself Risk-sharing think rationally Love random volatility Do unto others as you would have them do unto you 2021 A New Beginning I recently spent three months on my own reading the four-part series of uncertainty books by Nassim Nicholas Taleb. The overall summary of the feelings after reading is that, just right to make myself from deep inside out to find how to enhance their own anti-vulnerability through the judgment of randomness, correct my previous misunderstanding of the concept of investment, because many colleagues around me want financial freedom, then the question is how you want to approach this freedom, through the short-term constant speculation, speculation in digital currency If you look at the asymmetric risk, you will definitely end up with a 100% loss in it. ...

January 3, 2021 · 2 min · alexchen