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Showing posts from April, 2021

To Lock or Not to Lock (Down)

Very Interesting Statistic from US : 60% of jobs that pay more than $100,000 a year can be done from home, but only 10% of jobs paying $40,000 or less per year can be done remotely. The issue of inequality will have to be addressed for any country to move forward as a democracy . This statistic must be much more acute in case of India, Hence   with rising cases clamour for lockdown is increasing, but our experience of last march-april has taught us that any such activity is catastrophic for low earning group of people. Government has to choose between two undesirable options and none will be acceptable.   [ps. No comments on Election rallies and Kumbh Mela ]

Maxim from "Skin in the Game" from Nassim N Taleb

One of the gem written by Nassim N  Taleb “Skin in the Game” , he finishes book with a brilliant maxims, via negativa style.  [ via negativa is subtractive epistemology, which means removing what we think is wrong. Core idea is we know a lot more what is wrong than what is right.] Here are the select Maxims (via negativa style) :  NO friendship without trust, opinion without consequence, change without aesthetics, food without nourishment,  love without sacrifice,  facts without rigor,  mathematics without proof,  politeness without warmth,  values without embodiment,  virtue without risk,  probability without ergodicity,  complication without depth,  fluency without content,  decision without asymmetry,  science without skepticism,  religion without tolerance,  and,  most of all: nothing without skin in the game. On a personal note, for an professional biggest Skin In The Game is "REPUTATION" and one...