Chapter

Asymmetric Bets with Nick Kokonas
Nick Kokonas defines asymmetric bets or opportunities as situations where the potential reward greatly outweighs the potential risk. He explains how he made an asymmetric bet on an investment in Ford and how it ultimately paid off for his company.
Clips
In this podcast episode, Nick Cocotas, founder and CEO of Tock, discusses asymmetric bets and opportunities, evaluating risks, and making investment decisions.
11:17 - 16:27 (05:10)
Summary
In this podcast episode, Nick Cocotas, founder and CEO of Tock, discusses asymmetric bets and opportunities, evaluating risks, and making investment decisions. He emphasizes the importance of making the right decisions, regardless of whether they pay off, and investing in opportunities that offer a high potential return.
ChapterAsymmetric Bets with Nick Kokonas
Episode#429: Nick Kokonas on Resurrecting Restaurants, Skin in the Game, and Investing
PodcastThe Tim Ferriss Show
The concept of asymmetric risk lies in finding opportunities or risks where the potential upside is far greater than the associated downside.
16:27 - 18:31 (02:03)
Summary
The concept of asymmetric risk lies in finding opportunities or risks where the potential upside is far greater than the associated downside. This applies more to investments and choices we make in life rather than spending time with family, which is important but not asymmetric.