Submitted by Taps Coogan on the 4th of October 2019 to The Sounding Line.
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Legendary trader, risk analyst, and author, Nassim Taleb, recently spoke with Swedish economic news outlet EFN about what it takes to create a financial system that is more resilient to shocks and ‘black swan’ events. As he often does, Mr. Taleb advocates for creating systems where decision makers and participants have ‘skin in the game.’
Mr. Taleb’s discussion doesn’t lend itself particularly well to the excerpts that I normally provide, so I encourage you to listen to the interview above. Enjoy.
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