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Skin In The Game

What You Will Learn

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Skin in the Game - That's the Solution

One part of thequation is time, and that's lindy and things that have survived hinting us that they have some sort of robustness. But the other condition, other than time, is that they have skin ind the game. Without the skin the mechanism for fragility is disrupted, and they may just survive onwards for no reason. So this combination of t this lindy effect, surviving time, plus the combination of skin in the game, that's kind of the solution to all this big mess. And what toleb says, if you got a choice to listen to either a behavior psychologist or this scientific researcher: You can go and listen to your grandmother.

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