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Thanks for this comment. You've clearly outlined something I've been trying to convey for years, especially to people who read too much Taleb: "skin in the game
by routerl 5y ago
Thanks for this comment. You've clearly outlined something I've been trying to convey for years, especially to people who read too much Taleb: "skin in the game" cannot be a purely financial concept, otherwise it fundamentally misunderstands the notion of "risk".
"Financial risk" is a proper subset of "calculable risk" which is a proper subset of "risk".