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Dog or Wolf

Nassin Nicholas Taleb, 2018, Skin in the Game, Penguin Books: 95

Dog Wolf
Employees Contractors
Domesticated Wild
Evidence of submission Freedom with risks
Life may appear smooth and secure,
but in the absence of an owner,
a dog does not survive
is trained to survive

Someone who has been employed for a while is giving you strong evidence of submission. (p98)

Evidence of submission is displayed by the employee's going through years depriving himself of his personal freedom for nine hours every day, his ritualistic and punctual arrival at an office, his denying himself his own schedule, and his not havint beaten up anyone on the way back home after a bad day. He is an obedient, housebroken dog. (p98)

A company man is someone who feels that he has something huge to lose if he doesn't behave as a company man - that is, he has skin in the game. (p99)

An employee is - by degisn - more valuable inside a firm than outside of it; that is, more valuable to the mployer than the marketplace. (p100)

The best slave is someone you overpay and who knows it, terrified of losing his status. (p101)

Freedome is always associated with risk taking, whether it leads to it or comes from it. You take risks, you feel part of history. And risk takers take risks because it is in their nature to be wild animals. (p104)

What matters isn't what a person has or doesn't have; it is what he or she is afraid of losing. The more you have to lose, the more fragile you are.

People whose survival depends on qualitative "job assessments" by someone of higher rank in an organization cannot be trusted for critical decisions. (p107)