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Beginning Investors: Here's Why "Skin in the Game" Is So Important


Channel3000.com
January 2, 2021 6:42 AM
[email protected] (Brian Stoffel)
Posted:
Updated:
January 4, 2021 5:56 AM
Think about all the steps involved in building a pedestrian bridge today. There are codes, architectural designs, the actual building of the bridge, inspections and testing…the list goes on. And for good reason: we want our bridges to work. No one wants to be on a bridge the moment it gives out.
So how did civilizations long ago build bridges without all the tools we have today? In his book
Skin in the Game, Nassim Taleb offers an example: in Roman times, engineers had to spend some time every year sleeping under the bridges they drew up. If their own skin was in the game, they’d be incentivized to make it as safe as possible. ....

Brian Stoffel , Nassim Taleb , Exchange Commission , Beginning Investors , பிரையன் ஸ்டோப்பேல் , ந்யாஸைம் கதை , பரிமாற்றம் தரகு , ஆரம்பம் முதலீட்டாளர்கள் ,