Nassim Nicholas Taleb on Skin in the Game

[@tayyabahmed6216]

This is THE best interview of Nassim Taleb by far, she asked questions from all over his works, not from some quotes or references from the internet, and I think she has actually read his books which itself is skin in the game for conducting the interview.

[@Kobe29261]

People think he's an asshole because he sometimes snaps at interviewers. He just has no appetite for 'corrupted souls' - his bullshit antennae is always set to the highest sensitivity. He was at my company giving a talk on one of his books, an incredibly beautiful and generous person.

[@Senecamarcus]

@@Kobe29261 so true. NNT is extremely sharp at detecting bs. He’s a hustler, gangster natural philosopher that understands reality and role human behavior plays in it!

[@l.w.paradis2108]

So true. When he even addressed his love of writing, that did it for me.

[@OMAR-vq3yb]

@@Senecamarcus Gangster natural philosopher lol

[@drewgarrison2145]

“Better to understand your preferences than be rich”. Priceless. I got in touch with what I truly obsessed over and dreamed for myself as a kid over the past few years and I really am richer for it.

[@Kobe29261]

Congratulations - we are all trying to be like you!

[@Learna_Hydralis]

This conviction is identical to the teaching of Stoicism philosophy.

[@vivekbuddhbhatti]

She really is among the rare breed of ideal interviewers. Have seen her interview Steve Eisman as well. Salute to you, Katrine.

[@programmer1840]

Thanks, will have to check that out.

[@MSenaLuphdika]

This interview is just superb. It strikes the nice balance between what's already in the book and new topics based on the book. Bravo for the interviewer, miss Katrine Marçal. You are among a few interviewer who really knows what to ask and when.

[@FirstPrincipleGuy]

"If you do something you don't like, it sort of corrupts your personality" .. Would love to see him expand on that!

[@Isaharif]

Had to pause that and re-say it to myself when he said it. Very insightful.

[@FirstPrincipleGuy]

True that, we've all been there. Some of us are actually still there. It's a blessing to get to do what you want from the beginning.

[@christopherdennis4280]

And the overwhelming majority of people in a capitalistic economy do thusly on a daily basis.

[@letmesummarize1176]

Its like a habit

[@Kobe29261]

@@christopherdennis4280 . . . because the system trains you from day one to fit in or be cast out; takes preparation and great courage to insist on a life of passion.

[@regtomerlin]

Katrine Congratulations! You have facilitated bringing Nassim to his very best! Thank you.

[@vinista256]

What a lovely interview! All you need is a great thinker and great human being, asked questions by a host who really wants to understand what he has to say. Why are both so rare?

[@foreignmachine5324]

"The difference between theory and practice is greater in practice than in theory."

[@xyhmo]

The practical theory of the differential is practially is different theory. I mean, it's not even even remotely related to the stuff he's talking about.

[@kamelismail9943]

Gods do not like cheap signals! What a thinker! Nassim Taleb is a courageous person who understands the complexities of the world and simply would not bullshit you! Thanks for that talk!!

[@skanthaadsigns]

The host/anchor's quality of questions is way better than those of MSNBC or CNN by far..

[@shawnfaison5118]

Yes this interviewer really knows what she is doing. It is clear she has read the material and is asking thoughtful, interesting questions. I wish she could come help us out in the U.S..

[@aberwood]

Such an amazing interviewer. She really lets her guests shine.

[@alivroca]

This must be among the top 5 NNT interviews. Brillant! Superb interviewer.

[@Kobe29261]

Thought so too though not sure what caused it - Taleb for once feeling generous or her capacity to draw out some of the best in him. He really gets to the root of his own passion which is philosophy - the mathematics is just his way of showing the bean counters that he can play their game too.

[@nicholaschristodoulou3821]

Taleb is brilliant as usual- that goes without saying. The interviewer was outstanding. She wasn't trying to put words in his mouth as others might've.

[@Wer_baut_dann_die_Strassen]

She belongs to a small group of interviewers who read the books before the interview 😁

[@DamaniJones]

I love how he lit up with the first question lol. This might be his best interview.

[@danijelsan81]

Always a pleasure to hear Taleb speak. So much wisdom and common sense.

[@companybroadcast2890]

NNT and his books changed my life🤗😎

[@companybroadcast2890]

@@unxformat5745 True🤗🥰

[@abhinowporwal]

+1

[@lfsa86]

Mine too! and i started to study his work right after finishing a degree in economics :D

[@companybroadcast2890]

@@lfsa86 lol 😂, what an irony. Nassim hates economists

[@lfsa86]

@@companybroadcast2890 Yeah!!! Hence my comment. to be precise he hates economists forecasters.... and those who do not get randomness.... not all of them...

[@na_haynes]

"it's better to understand your preferences than be rich" neat idea.

[@yington]

Nate Arnett Prove it using mathematics pls

[@Kobe29261]

Like all insights its very dangerous - if we took it seriously, half the world would walk away from soul-crushing work right now. There's a Quant who loves raising chickens - every day at work is a small suicide of his soul. More profundities in this interview than I can keep track off

[@Senecamarcus]

If u have not read Antifragile then u should. It will take u to next level in life!!

[@doctordilanka]

How so? - I've read it, but I am not sure if it would really take someone to the "Next Level"

[@Senecamarcus]

dilanka It comes down to how you use his ideas in your business and life. You have to remember that a fool with a tool is still a fool. One guy reads “Hero with thousand faces” and makes billions the other guy reads it and writes a short review on Amazon. Its all about how you process information from a big and how you go about putting into use. I have read Anrifragile 4 times and every single time I get something useful out of it that I can apply in my business and life. Which book took you to next level? I have made shit ton using his ideas so for me its been helpful.

[@MosesMatsepane]

I read it several times and recommended it to most of my peers. As straight forward as the book is to me, it tends to be a bit too technical and philosophical for most people. It's only ideal for personalities that are inclined to think like Taleb. Most people simply don't understand the INCERTO.

[@doctordilanka]

@Marcielo Burzo Not only have I read it, I took a workshop with Nassim personally in addition to applying his stuff. I guess I have high standards.

[@doctordilanka]

@@Senecamarcus Napoleon Hill, Socrates.

[@m-z-nzedjali4043]

Nice work both of you got soul in the game.

[@BlueBeeMCMLXI]

Don't fake who and what you are, you will look that way to the world. The young lady is lovely and insightful. Excellent clarity in her questions and in summarising the complex.

[@guillermog5564]

Nasssim be giving some serious, gangster-ass, logic. Interviewer is on point as well.

[@Kobe29261]

He never minces words - he always names names. Its how you know he's on top of his game - never says 'someone who'll remain unnamed', one of my favorite thinkers in the present age.

[@Q_QQ_Q]

He's genius

[@micw8443]

wow, finally an clear interview (like his books) by nassim on television, often times his mind jumps too fast. what made him so relaxed this day? :P

[@PavlinMavrodiev]

clear interview ? "If someone comes with an investment proposal that looks like an investment proposal and is well elaborated, don't invest because they're trying to take advantage of you". Seriously ? Maybe at some point Taleb did science or anything solid, but now he's just doing sensationalism.

[@micw8443]

@@PavlinMavrodiev that is nitpicking....focus on the big picture

[@PavlinMavrodiev]

@@micw8443 The big picture is that due to Taleb's arrogance and sensationalism, he has found it useful for his personal fame to continuously engage in disparaging broad-brush dismissal of whole branches of science. Coupled with his extreme ego claims that allegedly he has found a way to revolutionalize our societies, make him simply unbearable to me. I say this as someone who has met him, attended his lectures and dare say possesses the math skills needed to understand his math. Not that a lot of math skills are required for that, but it helps. His exposé is always the same. Start from a very narrow domain (financial trading), tell a few stories of clever trading strategies that basically constitute risk hedging, draw a few sloppy curves with unreadably small annotations, and .... and that's it actually. What follows is a broad over-generalization and speculation about all aspects of life sprinkled with academia bashing. Anyone heard of any practical examples for how to build/design/improve our current political, economic and social systems so that they are 'anti-fragile' ? Is that even possible or desirable at the most fundamental levels of existence ? Is life anti-fragile in its nature ? But Nassim is above pondering on useless philosophical questions. So we then get the S-shaped curves and the ceramic cup that doesn't like earthquakes, but how can we use this in 'real' life, except in the domain of financial trading ? Can we at all ? These are questions that a real thinker of our time would strive to answer.

[@fropemusic2555]

Pavlin Mavrodiev thank you

[@DamaniJones]

Pavlin Mavrodiev Just because he doesn’t give a step-by-step guide on how to create more anti-fragile systems in our lives, doesn’t mean he can’t. That’s just WYSIWYG. The What You See Is What You Get fallacy. If anything, I feel that he already gave the big picture for how to create more anti-fragile systems; all it takes is some extrapolating to your own life. I’ve got skin in the game towards facilitating more anti-fragility in my life, so all I can say is, “all the information you need to take action is already there”.

[@AnkushSharma-zv5hv]

she is such a great interviewer...not like other people who keep on cutting NN...she let him speak and express

[@leterry60614]

L'expérience de Nassim dans le domaine du risque dans la finance est évidente et enrichissante.

[@chandanthakur3935]

Glad to see such deep respect of the interviewer for the interviewee.

[@ArjunKelaiya]

It was a pleasure listening to 2 genuinely interesting people!! Love the interviewer!!

[@WorldReserveCurrency]

What a great interviewer.... she needs to interview all the big financial names..

[@qwerty-dv8zj]

Man , this interviewer did her homework.

[@alexandrameister4148]

His tips on writing actually help me with my writing block 😊

[@74000ful]

What is the tip? Can u mention here it or can say in which minutes of the video I can find it?

[@innerworth]

A great discussion- thanks!

[@egoboy]

So much beauty in one clip.

[@chakirelyattafti9644]

She connected with him perfectly. Thank you for sharing this valuable knowledge 👍

[@sthubbar]

Great interview. Thank you.

[@mkelly1118]

Excellent. Tack så mycket!

[@robbie_]

Great interview. So much wisdom here.

[@emmamakhno]

This was a good interview of taleb, he doesn't usually interview well. the chemistry was good between those two

[@tw3638]

Love this interview

[@jakubkolcar6789]

Very good interviewer. Very well educated.

[@robertdale001]

very good interview.....

[@baxter987]

Grattis till intervjun! & Bra intervjuat

[@C4rb0neum]

Great interviewer (and interviewee)

[@littlesigh]

It is unfortunate that the type of honor and integrity he speaks of is not the norm.

[@hellolin324]

Because it is so easy to have such a position where you have no skin in the game, in some respect it is almost like haven on earth - all the gains without any downsides.

[@xushenxin]

I would say it is best talk ever!

[@crawford92able]

Wow, what a great interview

[@patricm.3718]

I would start drinking again just to talk with this man over a few pitchers of beer.

[@yington]

Patric M. Prove it using mathematics, preferably Ito’s Lemme. References to Minsky Moment is also welcome. Good luck!

[@zpettigrew]

Man, do I look up to this man!

[@LeeJailed]

The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

[@PrinceDilonchance]

Investors should be especially cautious about their exposure and new purchases in the face of inflation. Obtaining such high yields during a recession is only possible with the assistance of a reputable advisor or competent specialist.

[@CoryBooker-l1z]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@ArmandoPerez-j7s]

How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances

[@CoryBooker-l1z]

CELIA KATHLEEN MARTEL. is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@ArmandoPerez-j7s]

Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

[@roelsmajor6551]

Bravo! Just Bravo! ❤️👍

[@fpchanels5378]

soul in the game = μεράκι (in greek ) .....HUGE Taleb !!!

[@deenzmartin6695]

my word is my bond

[@joeschmoe3665]

It's a really good tip if you're looking to invest in something look for the board and ceo being heavily invested themselves, preferably a ceo founder that owns the majority of the company and will do everything to make it a success

[@BohdanTrotsenko]

5:50 Paul Krugman???

[@BigDataLogin]

Heard about Nassim from Vinod khosla

[@harveylin3548]

Basically, judge by what people do, not what people say. In Taleb's definition of a "bullshit vendor", then in my eyes as a first gen immigrant in the US, a lot people in the US are exactly that, bullshit vendors, their actions rarely follow their mouths.

[@user-cx7te6pl2h]

Great interviewer

[@rockymckay1705]

If you’re good at what you do you can dress and look how you want, you don’t need to compensate by looking “professional”

[@Kobe29261]

And 80% of the world will ignore you because they don't know the difference apart from the caricature. This is where it got very heavy for me in this interview- where he talks about paying the price. Gauguin runs off to Tahiti and we say he's crazy but imagine a world where each man found the courage to not accept any price for his soul - like we all do now, most of us at least

[@rockymckay1705]

@@Kobe29261 if you’re good you won’t be ignored my guy

[@Kobe29261]

@@rockymckay1705 Rocky - you must live in a very sophisticated city. If you have a passion for bonsai in Bangladesh you are in for a rough ride. My point should be obvious when you consider the lives of great men - most of them suffer in obscurity for decades until 'chance' finds them - this is true from Academia [Hume, Ramanujan] to art [DaVinci, Gauguin etc]. Me, I'd rather be lose with a chisel and marble but until I find the courage and|or means I must grind at my 9-5. Sure I could endure homelessness and 'pursue my passion' but I'd rather sleep indoors. Its not terrible but I know what he means by eating away at ones soul.

[@Martinit0]

ALL of our top engineers in one of my former employers were like that. Didn't care about any dress code. Just delivered outstanding results. I believe their thinking was exactly as Taleb described. These guys were essentially irreplacable.

[@jaredmowry8544]

Don’t see why the interviewer is receiving so much praise. She tries to construe his book in her own words instead of simply asking the question(s). Definitely understand why he kept interrupting-helped make this interview a gem under 30 minutes.

[@nilsedstrom5520]

Very pleasant viewing.

[@muhammadabdulaziz8623]

Nice A'm from Indonesia

[@l.w.paradis2108]

"An artisan has soul in the game."

[@Anmeldn]

did he imply that marc andreessen scrwed over people?

[@erikrayak7294]

Protectionism. He's play my tune there. Protectionism is not a dirty word. Common sense is going to come back into style in a big way after all the dummies are culled.

[@preetambaidya6061]

Loved it

[@yington]

Did taleb struggle with 1% of 30 trillion ?

[@ahmadharess2211]

"If you do something you don't like, it will corrupt your personality."

[@Kobe29261]

Explains our world; its not just the Politicians - 80? maybe 90% of the world are engaged in soul-corrupting work - I'm no exception

[@iam_kxylee]

I would say 99%

[@nishantchandra2876]

15:25 cosmetic CEO/MBA from Wharton😂😂😂

[@virtuerse]

YES!!!

[@davidporterrealestate]

Kelly criterion method

[@globalvillage423]

Time spent on revenge is never vasted.

[@88HaZZarD88]

27.35 min of gold

[@granadosable]

I'd really love to see more of her skin in the game.

[@moa3810]

Is it me or his pronunciations are not sometimes clear? I get stuck @ 1:50 in hearing him say "does" or "doesn't"?

[@blackfeatherstill348]

Sanction on Russia, breaking contracts and rules, breaks with honour system by west? So will not serve them well in future with other players, removing people from swift system etc. As an example?

[@Plastique.machine]

🙏🙏

[@muhammadsaadali1767]

Wow

[@mclarenf45]

the woman is so gorgeous, elegant, clean, polite.

[@zizouyoussef7944]

ohh hell yeah ...i hope to have a wife like him hhhh

[@RR-et6zp]

Cmon man higher your standards

[@trandat4]

That swedish Black Widow is just a great risk...

[@supermario929]

he put his skin in her game right after the interview :)

[@sittingdown86]

She became BJ vendor

[@fromzerotospyro]

great writer bad speaker lol

[@abooswalehmosafeer173]

Autotelic Soul in the game Do something for its sake and beyond its sake I get it. Dramaturgical is not Soul of the game Irvin Goffman Rituals No superficiality No shallowness .....

[@braaitongs]

I think Tesla has soul in the game!

[@tahab1992]

For unknown reasons, I really want to know Noam Chomsky opinions on Nassim Taleb

[@yushpi]

How long will you stretch that old guy. Let him retire now. He will have to read many of his books to engage with him.

[@yushpi]

:)

[@sourabhvora2164]

Does he even know what aktiengieselleschaft is?

[@MrMathieuu]

How does one implement put protection for their personal savings somewhat easily. Mr.nassim and his fund does not accept my limited fortune for investment.

[@doug2731]

1:11 She's so DTF

[@MaryLee-r2v]

Robinson Shirley Perez Mary Brown Mary

[@vivekshivdasani9521]

Taleb is to risk what Da Vinci is to art.

[@jasontito7644]

1%of 30 trillion =300 billion -+ probability error makes it 100 billion, Nassim Taleb the mathematician

[@anshulnegi1822]

if overthinking was a person

[@sourabhvora2164]

Miriam

[@raymollyraymolly722]

Lebanese people are so successful.

[@Alienmode]

Byt ut människan som intervjuar

[@vajpero]

Varför? Tycker hon gjorde ett utmärkt jobb. Han är svår att intervjua.

[@igormendonca4026]

ENTJ

[@sourabhvora2164]

1) he lost all his fuck you money, circa 2008 also,30 years of trading and cannot tell 1% of 30 trillion, i'll tell you 23%, 6 trillion 9oo billion. Took me second to calculate and half second to do his calculation. The government of the United states knows this particular fact.

[@l.w.paradis2108]

1% of 30 trillion is 300 billion. 1% of one trillion is 10 billion. Now, multiply.

[@sourabhvora2164]

12.38, where? China? Maybe china, yesS,China

[@bryanjohnson9228]

I’m sure his books have an editor that makes the book read well and look good...so his point about proficiency and appearance is for crap

[@vivthefree]

His books don't read well at all - incredibly bloated and egotistical. That said, i think you are right about him.

[@MSenaLuphdika]

he hates editors man, have you read any of his writings? the style is personal

[@bryanjohnson9228]

M Sena Luphdika yes i have he hates editors but loves the royalties lol like most in life he built an audience and now monetizes it...some like his rhetoric and approach others not so much that’s what makes the world go around differing opinions

[@markleonard5709]

He says very clearly in his writing that he doesn’t write for people like you. He is disgusted by people who say things like “I’m sure his books have an editor” with no evidence or consequence for being wrong. The books don’t read well on purpose! It’s the message that’s important. Sorry you missed it.

[@bryanjohnson9228]

Mark Leonard listen to yourself “the books don’t read well on purpose” lol surely you’re joking! keep drinking the kool aid...sorry you missed MY message

[@sourabhvora2164]

Last, in its entierty he does not get an idea of a Monopoly, nor the game, nor in the abstract neither metaphorically. Risk takers, entrepreneurs,sellers.

[@sourabhvora2164]

He is actively giving examples from the medical world. It just seems to me, this guy has actually not observed the world in its entirety.

[@Q_QQ_Q]

About ?

[@zacm1973]

What is the IQ of N.Taleb ?

[@companybroadcast2890]

Something around 1 billion. Lol

[@gringopapi6985]

He doesn’t believe in iq but I guess 150

[@christophersurnname9967]

Lol he’s flamed the whole concept so hard on Twitter. He claims he did a test and was given an IQ 60.

[@companybroadcast2890]

@@christophersurnname9967 wtf? Really😂

[@milindu8919]

@@companybroadcast2890 he was kidding of course.