Founder connections
- Marc AndreessenReported recommendationIn a captured July 5, 2018 thread of books he had recently read and recommended, Andreessen pairs Skin in the Game with Philip Tetlock’s Expert Political Judgment.Source
Summary
Taleb argues that people who make decisions should share the risks and losses their choices create. He uses examples from history, finance, politics and religion to examine unequal exposure to consequences. The book connects personal responsibility with fairness, trust and the limits of advice from people who do not bear the costs of being wrong.
Why read it Our view
Useful for reviewing who gains from a decision and who bears its costs. Compare the risks carried by founders, staff, advisers and investors, then ask whether each person can see and respond to the consequences of their advice.