
Nassim Nicholas Taleb on Rationality, Risk, and Skin in the Game
EconTalk
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How to Survive
One person smoking a hundred cigarettes a day is not so good. We are excellent risk managers when we're left on our own. A trader doesn't like er constrained rules, i know very few traders who gamble. Every year i gow les Tak a sort o seminar or he conference, where you drink, eat and rul ou things Butt a gambling table. I can't even concentrate on e table ie. I try to wash again. Can possibly?
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