Book Hack
Skin in the GameBy Nassim Nicholas Taleb

In a Nutshell

Skin in the Game is an assessment of asymmetries in human interactions, aimed at helping you understand where and how gaps in uncertainty, risk, knowledge, and fairness emerge, and how to close them.

Favorite Quote

You do not want to win an argument. You want to win.

Nassim Nicholas Taleb

Introduction

Having spent a great deal of his life examining how we can think more rationally, Nassim Nicholas Taleb is quick to argue for a cause, but not afraid to change his mind.

Previous bestsellers from the former investment banker-turned-scholar-statistician include Fooled By Randomness, Antifragile, and The Black Swan.

Skin In The Game is a continuation of Nassim's Incerto series, and thus a remix of past themes: rationality, uncertainty, statistics, economics, information, risk, and morality.

By showing us hidden asymmetries and who's got the most to lose in certain situations, Taleb helps us both make better decisions, and get the outcomes we want.

Here are the 3 key insights from this Hack

  1. 1.
    It's not uncommon for the minority to rule the majority
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  3. 3.
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