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RE: The Importance of Having Skin In The Game
Taleb speaks the same things about politicians and tenured teachers. They have zero skin in the game. He mentions the idea about "lecturing birds on flying". Academics telling everyone how to live, how to spend money, how to interact with each other and how to vote. Go f*** yourself is what everyone should say.
Put some skin in the game, take a real risk! That is what drives real value in life. Great post.