{"id":31645,"date":"2018-02-26T19:11:13","date_gmt":"2018-02-27T00:11:13","guid":{"rendered":"http:\/\/olduvai.ca\/?p=31645"},"modified":"2018-02-26T19:11:13","modified_gmt":"2018-02-27T00:11:13","slug":"the-controversy-around-skin-in-the-game","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=31645","title":{"rendered":"The Controversy around Skin in the\u00a0Game"},"content":{"rendered":"<h3 id=\"3f7f\" class=\"graf graf--h3 graf--leading graf--title\"><a href=\"https:\/\/medium.com\/incerto\/the-controversy-around-skin-in-the-game-6d46416ee47f\">The Controversy around Skin in the\u00a0Game<\/a><\/h3>\n<p id=\"a240\" class=\"graf graf--p graf--hasDropCapModel graf--hasDropCap graf-after--h3\"><span class=\"graf-dropCap\">S<\/span><em class=\"markup--em markup--p-em\">kin in the Game<\/em> is another addition to the <em class=\"markup--em markup--p-em\">Incerto<\/em>, now volume 5; I avoided duplication by referring to where in the <em class=\"markup--em markup--p-em\">Incerto<\/em> some points were developed such as <em class=\"markup--em markup--p-em\">via negativa<\/em> or monoculture of forecasters or expert problems. You simply don\u2019t repeat in chapter 23 what was said in chapter 5, but can make reference to it.<\/p>\n<p id=\"b5a5\" class=\"graf graf--p graf-after--p\">Now it so happens that I am in the BS busting category, which includes journalists (especially journalists). And the book is <em class=\"markup--em markup--p-em\">designed<\/em> to be hated by BS operators who can be book reviewers. I instructed publishers to send the book to <em class=\"markup--em markup--p-em\">only<\/em> doers, not people who make a verbagiastic living.<\/p>\n<p id=\"a9f4\" class=\"graf graf--p graf-after--p\">Let me say it again. I am intolerant of BS; I suffers no fools except when the BS is harmless.<\/p>\n<figure id=\"f2c1\" class=\"graf graf--figure graf-after--p\">\n<div class=\"aspectRatioPlaceholder is-locked\">\n<div class=\"progressiveMedia js-progressiveMedia graf-image is-canvasLoaded is-imageLoaded\" data-image-id=\"1*ug51RPoBy0IoROTs9ibbGQ.jpeg\" data-width=\"1100\" data-height=\"1118\" data-action=\"zoom\" data-action-value=\"1*ug51RPoBy0IoROTs9ibbGQ.jpeg\" data-scroll=\"native\"><canvas class=\"progressiveMedia-canvas js-progressiveMedia-canvas\" width=\"75\" height=\"75\"><\/canvas><img decoding=\"async\" class=\"progressiveMedia-image js-progressiveMedia-image\" src=\"https:\/\/cdn-images-1.medium.com\/max\/800\/1*ug51RPoBy0IoROTs9ibbGQ.jpeg\" data-src=\"https:\/\/cdn-images-1.medium.com\/max\/800\/1*ug51RPoBy0IoROTs9ibbGQ.jpeg\" \/><\/div>\n<\/div><figcaption class=\"imageCaption\">The Judgment of\u00a0Cambyses<\/figcaption><\/figure>\n<p id=\"02db\" class=\"graf graf--p graf-after--figure\">So far three journalists have, while uninvited, attempted to do a (sort of) hack job: John Gapper (FT), Zoe Williams (Guardian), and Phil Coggan (Economist; yes I am outing him, SITG). The problem however is that they agree with the general message of the book (who doesn\u2019t\u00a0?) except in what concerns them, so the best way is to perform some assassination on side points: 1) find <em class=\"markup--em markup--p-em\">what appears to be<\/em> a \u201cflaw\u201d, 2) use the technique of Sam Harris, i.e. make the author look like a hateful spiteful person who hates everybody simply because he doesn\u2019t like bullshitters. The problem of course is that it is hard to claim I am against <em class=\"markup--em markup--p-em\">all<\/em> experts, not just the\u00a0.1% faux experts so they disguize the claim as a he is a \u201chates everybody\u201d type of fellow.<\/p>\n<p id=\"2f53\" class=\"graf graf--p graf-after--p\">Also note that the book isn\u2019t about SITG but the weird consequences (modern slavery, looks of surgeons, rationality of survival, religious practices, commercial ethics, Lindy effects, and, mostly, risk taking). You will also notice that given the homework done by journos, the \u201cflaws\u201d happen to be in the beginning, never at the end.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Controversy around Skin in the\u00a0Game Skin in the Game is another addition to the Incerto, now volume 5; I avoided duplication by referring to where in the Incerto some points were developed such as via negativa or monoculture of forecasters or expert problems. You simply don\u2019t repeat in chapter 23 what was said in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[14225,2452,462,2324,14273,7248,2874,15196],"class_list":["post-31645","post","type-post","status-publish","format-standard","hentry","category-liberty","tag-bs","tag-bullshit","tag-journalism","tag-journalists","tag-medium","tag-nassim-taleb","tag-risk-taking","tag-skin-in-the-game"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/31645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31645"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/31645\/revisions"}],"predecessor-version":[{"id":31646,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/31645\/revisions\/31646"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}