zero-sum game
also referred to as: zero sum games · zero-sum games
5 statements across 1 episodes · 1 bullish · 4 bearish · 2 people on the record · first statement Sep 1, 2022 by Michael Seibel · across every show →
Everything said about zero-sum game, oldest first
Sep 1, 2022 negative
Seibel: Zero-sum players just harvest the excess capital of positive-sum builders
“It's so obvious the society we lived in, we live in today, was built by people who were playing positive some games. So what it really is, is, like, those people created, like, a little bit of excess capital That the zero sum game people are like harvesting. T…”
Sep 1, 2022 negative
Seibel: Downturns reveal the tiny group of smart players extracting capital
“When everything's going up, it's easy to think you're the smart person. When things start going down, you start realizing who the real smart people are. And it tends to be a way, way smaller group than you might think. And it turns out that they're taking mone…”
Sep 1, 2022 negative
Caldwell: Feeling smarter than others leads to morally rationalizing exploitation
“I think if you feel that you are smarter than other people, and this is something we encounter sometimes in our jobs, I think if you feel that you are more intelligent than others, perhaps you can end up on the slippery slope of moral arguments, that it's okay…”
Sep 1, 2022 negative
Sep 1, 2022 positive
Seibel: Failing at positive-sum games still builds valuable skills
“Cause like our friends who tried and failed to do positive sum games, they almost always learned something or advanced in some way. Like they almost always took something from that game with them that made them better off, even if they didn't win. Whereas like…”