Skin in the Game: Hidden Asymmetries in Daily Life

Special Offer Ends In:
  • Author:  Nassim Nicholas Taleb
  • Translator from English: Boryana Darakchieva
  • Availability:  In Stock
  • Product Code:  2516-01
  • SKU: 05.0147
  • ISBN: 978-619-244-000-8
  • Read an excerpt:

€8.14  €10.18
  • Ex Tax: €7.47


At an office of Econt 4.00 BGN 

At personal address - 6.00 BGN

Order by phone

Call us at 0888 465 635 to order by phone


In order to read our eBooks you have to download Adobe Digital Editions and register on the Adobe website as well. The DRM protected eBooks can not be converted or read on Amazon Kindle devices.


#1 NEW YORK TIMES BESTSELLER • A bold work from the author of The Black Swan that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility

In his most provocative and practical book yet, one of the foremost thinkers of our time redefines what it means to understand the world, succeed in a profession, contribute to a fair and just society, detect nonsense, and influence others. Citing examples ranging from Hammurabi to Seneca, Antaeus the Giant to Donald Trump, Nassim Nicholas Taleb shows how the willingness to accept one’s own risks is an essential attribute of heroes, saints, and flourishing people in all walks of life.

As always both accessible and iconoclastic, Taleb challenges long-held beliefs about the values of those who spearhead military interventions, make financial investments, and propagate religious faiths. Among his insights:

• For social justice, focus on symmetry and risk sharing. You cannot make profits and transfer the risks to others, as bankers and large corporations do. You cannot get rich without owning your own risk and paying for your own losses. Forcing skin in the game corrects this asymmetry better than thousands of laws and regulations.

• Ethical rules aren’t universal. You’re part of a group larger than you, but it’s still smaller than humanity in general.

• Minorities, not majorities, run the world. The world is not run by consensus but by stubborn minorities imposing their tastes and ethics on others.

• You can be an intellectual yet still be an idiot. “Educated philistines” have been wrong on everything from Stalinism to Iraq to low-carb diets.

• Beware of complicated solutions (that someone was paid to find). A simple barbell can build muscle better than expensive new machines.

• True religion is commitment, not just faith. How much you believe in something is manifested only by what you’re willing to risk for it.

The phrase “skin in the game” is one we have often heard but rarely stopped to truly dissect. It is the backbone of risk management, but it’s also an astonishingly rich worldview that, as Taleb shows in this book, applies to all aspects of our lives. As Taleb says, “The symmetry of skin in the game is a simple rule that’s necessary for fairness and justice, and the ultimate BS-buster,” and “Never trust anyone who doesn’t have skin in the game. Without it, fools and crooks will benefit, and their mistakes will never come back to haunt them.”

About the Author

Nassim Nicholas Taleb

More by the same author

Antifragile: Things That Gain from Disorder

Antifragile: Things That Gain from Disor...

€9.81 €12.27 Ex Tax: €9.00

Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

Fooled by Randomness: The Hidden Role of...

€7.32 €9.15 Ex Tax: €6.72

The Black Swan: Second Edition: The Impact of the Highly Improbable

The Black Swan: Second Edition: The Impa...

€8.14 €10.18 Ex Tax: €7.47

Related Products

The Undercover Economist

The Undercover Economist

€6.55 €8.18 Ex Tax: €6.00

Basic Instincts: Human Nature and the New Economics

Basic Instincts: Human Nature and the Ne...

€7.32 €9.15 Ex Tax: €6.72

The Price of Inequality

The Price of Inequality

€13.50 €16.87 Ex Tax: €12.38

This Changes Everything: Capitalism vs. The Climate

This Changes Everything: Capitalism vs. ...

€14.32 €17.90 Ex Tax: €13.13

Too Big to Fail" Doctrine"

Too Big to Fail" Doctrine"

€5.72 €7.16 Ex Tax: €5.25

Tags: Economics, Business Strategies

Translator from English: Boryana Darakchieva
Pages 336
Size 140/215 mm
Weight 0.320 kg
Cover Type Paperback
Genre Economics, Business Strategies

There are no reviews for this product.

Write a review
Note: HTML is not translated!

Newsletter Subscribe

Submitting this form you agree to receive communications by email and you agree with our Privacy Policy


Top 20 for 20 years „East-West Publishing House“


This Article is only available in Bulgarian.

Spring Book Fair - 2023


This content is only available in Bulgarian.

What is your favorite book?


This content is only available in Bulgarian.