Not Right***

I don't understand a lot of details, so I'll just talk about the parts I understand. First of all, this book can help you analyze and judge whether a person is worth trusting. Asymmetric risks. If a person only enjoys benefits but does not bear risks, then the decisions he makes will eventually lead to the destruction of the system. If you follow him, you will be further and further away from survival. Benefits and responsibilities coexist. Only theories that have been verified by being involved in the game are valuable. The author gives an example of the financial investment market. Only investors who have not liquidated their positions are worthy of believing that small-probability risks will accumulate over time and become big risks; conversely, in low-cost areas, doing risky things can lead to greater returns.

Taleb is a Lebanese-American author, academic, and financial practitioner best known for his book "The Black Swan." Taleb's main research field is risk management and uncertainty. He has put forward many views on uncertainty and complex systems. The author points out that when people face asymmetric risks and external pressures, only by practicing the principle of "risk sharing" can they make correct decisions to deal with uncertainties in the real world. Asymmetric risks are of great significance in the economic and financial fields, and they affect the effectiveness of the market and the game between participants. Understanding and identifying asymmetric risks is crucial for investors and traders to be able to develop appropriate risk management and decision-making strategies to reduce potential losses.

Throughout the ages, every human law and every teaching has been based on the principle of "symmetry." However, in fact, asymmetric risks have always existed in human history. Taleb proposed that when people face asymmetric risks and external pressures, only by practicing the principle of "risk sharing" can they make correct decisions to deal with the uncertainty in the real world. The book covers four themes: uncertainty and the reliability of knowledge; symmetry principles in human affairs, including fairness, justice, responsibility, and mutuality; information sharing in transactions; and rationality in complex systems and in the real world.

This book has sharp language and clear logic. We have been talking about a central idea of ​​"risk sharing", which is worth learning from. The most fundamental thing about getting along with others is not to listen to what they say, but to watch what they do. When working together, whether we can share risks together, without this foundation, we must stay away from scams.

This book is very interesting! It mentioned many common asymmetric risks in our lives and gave me a new understanding of the world. I particularly hate people who only talk but don't do anything. Taleb is right when he says that in order to make a point, you first have to get into the game. This reminds me of the saying in "The Analects of Confucius" that "a gentleman is slow in words but quick in deeds." Similar to this book, I think "Antifragility" is also very good. They are both works by Nassim Nicholas Taleb. The styles are in the same vein and I benefit a lot from them.

If you want to learn about finance and investment, you must read this book. This is a book about finance and investing. The author explores uncertainty and investment decisions in financial markets through the analysis of asymmetric information and risk. This book covers risk management, asset pricing, investment strategies, etc., While providing examples and case studies. If you are interested in the world of finance and investing, this book will provide you with in-depth thinking and understanding.

It's okay. Taleb's views are inspiring, but the text is a bit obscure because it quotes foreign history. For people in China who do not understand the historical context of foreign countries, it is not very smooth to read and is suitable for quick browsing. It is recommended not to chew on words. Reading is to bring you fun and knowledge. You cannot read for the sake of reading.

Knowledge without practice will become a kind of empty power. Only when risks are shared and responsibilities and rights are matched can we feel the same way. The author uses another perspective to include unrelated risks among risks. Worth reading.

Every word of true knowledge is precious.

Look at problems from different angles

Sharing risks, entrepreneurship brings vitality

Looking at the title, I thought it was a very esoteric book. The complicated truths are explained in simple terms and help readers understand most of the routines in life. It is worth recommending.

Objective and true, very good. If you are a young person, you may not have that kind of sentiment.