What do I mean by Skin in the Game? My Own Version

<p>When selecting a surgeon for your next brain procedure, should you pick a surgeon who looks like a butcher or one who looks like a surgeon? The logic of&nbsp;<em>skin in the game</em>&nbsp;implies you need to select the one who (while credentialed) looks the least like what you would expect from a surgeon, or, rather, the Hollywood version of a surgeon.</p> <p>The same logic mysteriously answers many vital questions, such as 1) the difference between rationality and rationalization, 2) that between virtue and virtue signaling, 3) the nature of honor and sacrifice, 4) Religion and signaling (why the pope is functionally atheist) 5) the justification for economic inequality that doesn&rsquo;t arise from rent seeking, 6) why to never tell people your forecasts (only discuss publicly what you own in your portfolio) and, 7) even, how and from whom to buy your next car.</p> <p><a href="https://medium.com/incerto/what-do-i-mean-by-skin-in-the-game-my-own-version-cc858dc73260"><strong>Click Here</strong></a></p>