Smash Notes
Why Doesn't Nassim Taleb Like Gambling
Too many constraints, and besides, you are playing knowing the game is designed for you to lose.
EconTalk
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Nassim Nicholas Taleb on Rationality, Risk, and Skin in the Game
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at 24:04
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·Transcript
On this episode
- What Can Nassim Taleb Teach Us About Probabilities
- What Is The Most Effective Trading Strategy
- How Do You Gamble Without Losing Money
- What Is Mental Accounting And Why Is It Important
- How Can Something Safe Also Be Incredibly Risky
- Why Doesn't Nassim Taleb Like Gambling
- What Is The Rationality Of Religion
- What Is The Meaning Of "skin In The Game"
- How Did Losing Money Help President Trump Get Elected
- Who Should We Fail And Who Should We Bail