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Made You Think cover image

1: Turning Chaos to Your Advantage: Antifragile by Nassim Taleb

Made You Think

NOTE

Skin in the Game: Making Decisions with Personal Stake

The concept of 'skin in the game' emphasizes being directly exposed to the outcomes of decisions, both the upside and downside. It suggests that individuals should not make decisions or advise others without having a personal stake in the consequences. This concept is prevalent in various areas like consulting and politics, where the lack of personal risk can influence the quality of advice given or decisions made.

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