Alix's MindSpace

Alix's MindSapce

Risk sharing

Oct 20, 2024

Nassim emphasized the importance of risk sharing in "Asymmetric Risk": If you don't invest your soul and participate in risk-taking, your value will be greatly reduced.

Two simple revelations:

1. For individuals

If you want to grow, the fastest and best way is to take more risks, that is, to take more responsibilities;

We always say that the greater the ability, the greater the responsibility, and the actual ability and responsibility can be mutually causal;

1. For the group

In a small way, if a team wants talents who are really willing to participate in the team's business, the best way is to let them invest;

Even if you start a club in school, the invited partners should be people who are passionate and willing to invest private time and other risks, rather than students who only want to make a profit but don't want to take too many responsibilities;

In a big way, the essence of evolution is that all creatures in nature participate in risk sharing.

Next time if you encounter a rare job or other opportunity, don't worry about not being strong enough or unfamiliar with the place, this may be an opportunity for your individual evolution.