Skin in the Game

The English phrase "skin in the game" is one we have often heard but have not stopped to truly dissect. It is an astonishingly complex worldview that, as Taleb shows in this book, applies to literally all aspects of our lives. As Taleb says, "Never trust anyone who doesn´t have skin in the game. Without it, fools and crooks will profit and their mistakes will never come back to haunt them."