Skin in the Game - Nassim Nicholas Taleb

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Skin in the Game by Nassim Nicholas Taleb explores the concept of having a personal stake in the outcomes of one’s actions. Taleb argues that risk-sharing is essential for fairness, accountability, and effective decision-making in systems like business, politics, and society. He critiques those who avoid risk—like bureaucrats or theorists—while influencing others’ lives, emphasizing that true knowledge and ethics come from bearing consequences. The book blends philosophy, history, and practical insights, urging readers to prioritize real-world experience over abstract ideas and to distrust advice from those without "skin in the game."