The Tim Ferriss Show cover image

#429: Nick Kokonas on Resurrecting Restaurants, Skin in the Game, and Investing

The Tim Ferriss Show

00:00

Navigating Asymmetric Risks in Restaurant Investments

This chapter examines the concept of asymmetric risk in the restaurant industry, particularly during economic downturns like a pandemic. Using Hong Kong as a case study, it highlights the rapid decline in reservations and the proactive measures taken by management to address financial and operational challenges. The discussion emphasizes the need for contingency planning, employee well-being, and innovative business strategies to navigate crises effectively.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app