SHOW / EPISODE

4. The One Number I Look for in Every Investment

8m | Aug 10, 2026

Every investment tells a story.


But stories don't protect your capital.


When I review an opportunity, I'm not looking for the best projections or the highest returns. I'm looking for one thing: whether the people asking for my trust are willing to share the same risk.


That idea has existed for thousands of years. Long before modern finance, long before the phrase *skin in the game* became popular.


In this reflection, I explore why true alignment isn't something you claim—it's something you prove.


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Nikolaï Ray
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