skin in the game
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English[edit]
Etymology[edit]
Attributed by some to Warren Buffett, but Buffett has denied this.[1]
Pronunciation[edit]
Audio (AU) (file)
Noun[edit]
skin in the game (uncountable)
- (idiomatic) A stake; something at risk, especially with regard to money and investments.
- 1988 April 4, Alan Alper, “Inertia often stifles new technology”, in Computerworld[2], volume xxii, number 14, page 67:
- Companies must obtain accountability across all business functions if they are to harvest the fruits of technology. "Let everyone have skin in the game", Rogow said.
- 1991 August 26, Edmund Faltermayer, “The Deal Decade: Verdict on the 80's”, in Fortune[3], pages 58–70:
- Says Bergsma: "We were flooded with financial types who didn't have their own skin in the game"
- 1992 June 18, Associated Press, “Perot's campaign is wary of fund-raising operations”, in The Sun[4], San Bernardino, CA, page 22:
- [Ross] Perot has told people they can send $5 if they want to have "some skin in the game" but he does not actively solicit contributions and says he will finance his own campaign.
- 2009 December 18, Megan McArdle, “How Big a Problem is Moral Hazard?”, in The Atlantic[5]:
- Supposedly, ordinary depositors don't bother to check the soundness of their banks because they don't actually have skin in the game.
- 2022 May 18, Adrian Chiles, “The closer your team gets to glory, the less likely you are to get a ticket. That can’t be right”, in The Guardian[6]:
- At Wednesday’s Europa League final, more than half the tickets have gone to corporate guests and others with no skin in the game.
See also[edit]
References[edit]
- ^ William Safire (2006 September 17) “Language: Who's got a skin in the game?”, in The New York Times[1], →ISSN: “A call to Warren Buffett to get his recollection of first usage was returned by a spokesman, who denied unequivocally that his boss was the coiner.”