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6min chapter
#053 - Skin in the Game: Nassim Taleb (Incerto Series)
rational vc
Exploration of Ergodicity, Rationality, and Systemic Risk Mitigation
This chapter explores the nexus between ergodicity, rationality, and systemic ruin, stressing the significance of making investments that promote survival and deter ruin. It connects these principles to the Lindy Effect, Incerto series teachings, and the asymmetry in life strategies, illustrated through examples like Ebola outbreaks and non-multiplicative risks.
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