There is an age old adage in boxing that goes something like this

"You are never so naked as when you are standing in the ring". It's not the physical nakedness they are referring to, it's the character of a man (or a women) that's exposed. Your courage and heart and sense of fair play, and your ability or inability to handle pressure, or the propensity to resort to cowardly acts and cheat when frustrated, or a lack of character when it's time to face your actions when caught. You are never so naked a when you are standing in the ring. Ask Victor Ortiz, he got caught completely naked last night.