Sonntag, 18. November 2018

Skin in the Game:

>So that’s the Skin In The Game: “thou shalt not have the upside without bearing the downside yourself”, you need to own your own risk.<

Nassim Taleb

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>How much you truly “believe” in something can be manifested only through what you are willing to risk for it.<

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>If you do not take risks for your opinion, you are nothing.<

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>honor means that there are things you would do unconditionally, regardless of the consequences.<

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>One may be risk loving yet completely averse to ruin.<

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>Rationality is avoidance of systemic ruin.<

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