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Skin in the Game - Hidden Asymmetries in Daily Life (Paperback)
Loot Price: R231
Discovery Miles 2 310
You Save: R64
(22%)
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Skin in the Game - Hidden Asymmetries in Daily Life (Paperback)
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List price R295
Loot Price R231
Discovery Miles 2 310
You Save R64 (22%)
Expected to ship within 5 - 10 working days
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From the bestselling author of The Black Swan, a bold book that
challenges many of our long-held beliefs about risk and reward,
politics and religion, finance and personal responsibility Why
should we never listen to people who explain rather than do? Why do
companies go bust? How is it that we have more slaves today than in
Roman times? Why does imposing democracy on other countries never
work? The answer: too many people running the world don't have skin
in the game. In his inimitable, pugnacious style, Nassim Nicholas
Taleb shows that skin in the game applies to all aspects of our
lives. It's about having something to lose and taking a risk.
Citizens, lab experimenters, artisans, political activists and
hedge fund traders all have skin in the game. Policy wonks,
corporate executives, theoreticians, bankers and most journalists
don't. As Taleb says, "The symmetry of skin in the game is a simple
rule that's necessary for fairness and justice, and the ultimate
BS-buster," and "Never trust anyone who doesn't have skin in the
game. Without it, fools and crooks will benefit, and their mistakes
will never come back to haunt them".
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