52sec snip

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Ep30 - Nassim Nicholas Taleb | Skin in the Game

Talks at Google

NOTE

The Problem with Peer-Reviewed Prizes in Business

The best restaurants and their prices are decided by journalists and other restaurant owners/nRestaurants that get prizes from peers don't necessarily stay in business/nBusinesses judged solely by peers are bound to fail eventually/nCompanies go bust for similar reasons/nThe speaker believes that businesses need to be judged based on objective reality to succeed

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