Taleb in great form again.
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This book leaves aside the focus of the other three books (the Problem of Induction) and focus much more on how asymmetrical structures can generate widely unanticipated outcomes over multiple interactions in a system. As usual, Taleb draws from a large pool of examples to illustrate his point, from philosophy, history, religion, customs, politics, and the financial market. To prevent an asymmetry in risk-reward, with some people benefiting at the expense of others, Taleb argues for skin in the game, namely, that those that enjoy tremendous success should be exposed to tremendous risk as well, in a return to a less “modern” but much more ethical society. This is a book crammed with insight, even if Taleb’s style is not that direct, evidenced by the large quantities of highlights my copy got. You will certainly benefit from rereading this book multiple times. Nonetheless, compared to the other books of the Incerto series, I’ve found this to be much more parsimonious in explaining concepts and justifying theories. While Taleb tries to defend this in the end of the book, I’ve found that it speaks somewhat against the material.
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