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 on: November 11, 2017, 18:39:53 PM 
Started by GCG - Last post by Tweefo
Sy is 'n homeopatiese "Dr" en hy 'n chiropraktisyn op my dorp. Enige idee hoeveel wilskrag dit neem om nie raad te gee oor hoe hulle self die probleem kan oplos nie?

 on: November 08, 2017, 06:07:13 AM 
Started by brianvds - Last post by brianvds
Perhaps only somewhat vaguely connected, but this is from a Facebook post by Nassim Taleb, whose book "Skin in the game" is coming out early next year. In short, social justice consists of making sure everyone accepts their own risks instead of transferring it to others:

The Random House Flap copy. My idea is that a single rule can do more for social justice (and without side effect) than tons of communist regulation. {Random House wrote this, not me}
(...), a bold new work that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility.
“Skin in the game means that you do not pay attention to what people say, only to what they do, and how much of their neck they are putting on the line.”
In his most provocative and practical book yet, [...] redefines what it means to understand the world, succeed in a profession, contribute to a fair and just society, detect nonsense, and influence others. Citing examples ranging from Hammurabi to Seneca, Antaeus the Giant to Donald Trump, Nassim Nicholas Taleb shows how the willingness to accept one's own risks is an essential attribute of heroes, saints, and flourishing people in all walks of life.
As always both accessible and iconoclastic, Taleb challenges long-held beliefs about the values of those who spearhead military interventions, make financial investments, and propagate religious faiths. Among his insights:
• For social justice, focus on symmetry and risk sharing. You cannot make profits and transfer the risks to others, as bankers and large corporations do. You cannot get rich without owning your own risk and paying for your own losses. Forcing skin in the game corrects this asymmetry better than thousands of laws and regulations.
• Ethical rules aren’t universal. You’re part of a group larger than you, but it’s still smaller than humanity in general.
• Minorities, not majorities, run the world. The world is not run by consensus but by stubborn minorities asymmetrically imposing their tastes and ethics on others.
• You can be an intellectual yet still be an idiot. “Educated philistines” have been wrong on everything from Stalinism to Iraq to low carb diets.
• Beware of complicated solutions (that someone was paid to find). A simple barbell can build muscle better than expensive new machines.
• True religion is commitment, not just faith. How much you believe is only manifested by what you’re willing to sacrifice for it.
The phrase “skin in the game” is one we have often heard, but have rarely stopped to truly dissect. It is the backbone of risk management, but it’s also an astonishingly complex worldview that, as Taleb shows in this book, applies to literally all aspects of our lives. As Taleb says, “The symmetry of Skin in the game is a simple rule that’s necessary for fairness and justice and the ultimate BS-buster,” and “Never trust anyone who doesn’t have skin in the game. Without it, fools and crooks will benefit, and their mistakes will never come back to haunt them.”

 on: November 07, 2017, 14:50:05 PM 
Started by Rigil Kent - Last post by brianvds
There ya go:

 on: November 07, 2017, 13:31:25 PM 
Started by Rigil Kent - Last post by brianvds

Same principle applies as why a banknote is worth anything: there is a limited supply and there is general agreement that it has value. Ain't got anything to do with the aesthetics, whatever the learned art professors might tell you after the fact.

I got this question (i.e. why this sort of art sells for so much) on Quora so often I eventually wrote a whole blog post about it, but I'd have to go look it up now. Will post the link here if and when I find it.

 on: November 07, 2017, 11:17:55 AM 
Started by Rigil Kent - Last post by BoogieMonster
What in the actual freck?!

 on: November 06, 2017, 17:19:08 PM 
Started by brianvds - Last post by Spike
It's a genius campaign.

 on: November 06, 2017, 16:41:26 PM 
Started by brianvds - Last post by brianvds
Hook, line, and sinker (video). The stupidity of the media is awe-inspiring. You could put a subtext there saying "You're being played" and they still wouldn't realise it.

Then again, they knew the public would also be played by it. And the public is what makes ratings go up. :-)

 on: November 06, 2017, 14:07:37 PM 
Started by brianvds - Last post by BoogieMonster
Hook, line, and sinker (video). The stupidity of the media is awe-inspiring. You could put a subtext there saying "You're being played" and they still wouldn't realise it.

 on: November 06, 2017, 13:23:07 PM 
Started by Rigil Kent - Last post by Spike
I am so, so gatvol of people feeling self entitled to "power" or "authority".

I am so NOT impressed by your MBA.
I am so NOT impressed that you drive a BMW but live in a previously disadvantaged suburb because its cheap.
I am so NOT impressed with ANYTHING you think you are because of what you either own or achieve.

Really, its meaningless in its totality. You know fark all and I will correct you each and every time and believe me,

"Old age and treachery will always beat youth and exuberance." effing try me.

Excellent rant! Most of us feel like that every now and again  Grin. If you are lucky enough; it really helps to escape from the corporate rat race.

You are now under obligation to regale us each time "Old age and treachery ... beat youth and exuberance."

 on: November 06, 2017, 12:59:45 PM 
Started by brianvds - Last post by Spike
Holy crap  Shocked - that article reads like a belated April fool's joke!

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