1) Recently finished @nntaleb’s Skin in the Game. Like others (@naval) who have had their worldviews shifted by Taleb’s writings on probability, randomness, and society in general, SITG changed how I think about numerous parts of the economy and society. Some takeaways: 2) The Great Recession was caused by lack of SITG. In his irreverent style, Taleb describes the “Bob Rubin Trade” - former US Secretary Treasury making $120M+ at Citi over the 10 years up to ’08 then bailing the bank out after the crash, transferring risk to taxpayers: no SITG