Antifragile

Things That Gain from Disorder

by Nassim Nicholas Taleb

Number of pages: 544

Publisher: Random House

BBB Library: Psychology and Strengths

ISBN: 9781400067824



About the Author

Nassim Nicholas Taleb spent two decades as a trader and risk taker before becoming a full-time essayist and scholar focusing on practical, philosophical and mathematical problems with chance, luck, and probability. His focus in on how different systems handle disorder.

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Editorial Review

Wind extinguishes a candle and energizes fire Likewise with randomness, uncertainty, chaos: you want to use them, not hide from them. You want to be the fire and wish for the wind. This summarizes the author’s nonmeek attitude to randomness and uncertainty.   We just don’t want to just survive uncertainty, or to make it. We want to survive uncertainty and, in addition-like a certain class of aggressive Roman Stoics-have the last word. The mission is how to domesticate, even dominate, even conquer, the unseen, the opaque and the inexplicable.   Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder and stressors and love adventure, risk, and uncertainty. Yet, in spite of the ubiquity of phenomenon, there is no word for the exact opposite of fragile. Let us call it antifragile.  

Book Reviews

"A reader could easily run out of adjectives to describe Nassim Nicholas Taleb’s new book “Antifragile: Things That Gain From Disorder.” The first ones that come to mind are: maddening, bold, repetitious, judgmental, intemperate, erudite, reductive, shrewd, self-indulgent, self-congratulatory, provocative, pompous, penetrating, perspicacious and pretentious." The New York Times

"Bindweed is a thing of evil genius. Try to dig it up and it breaks into pieces, each of which will grow into a new plant. More than just robust or flexible, it actively thrives on disruption. Yet we lack a word for this property – which Nassim Nicholas Taleb describes as the exact opposite of fragility. So he has given it one: antifragility." The Guardian

"Taleb came up with the term “antifragile” because he believes no other word conjures up a state of mind that absorbs shocks and uses the experience as a springboard to growth. By way of illustration, Taleb points to the mythological Hydra who thrives in times of turbulence by sprouting two new heads each time one is cut off." Telegraph

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Wisdom to Share

The antifragile loves randomness and uncertainty, which also meanscruciallya love of errors, a certain class of errors. Antifragilty has a singular property of allowing us to deal with the unknown, to do things without understanding them and do them well. We are largely better at doing than we are at thinking, thanks to antifragility. I’d rather be dumb and antifragile than extremely smart and fragile, any time.

Complex systems are full of interdependencies-hard to detect-and nonlinear responses. “Nonlinear” means that when you double the dose of, say, a medication, or when you double the number of employees in a factory, you don’t get twice the initial effect, but rather a lot more or a lot less.

Some jobs and professionals are fragile to reputation harm, something that in the age of the Internet cannot be possibly controlled-these jobs aren’t worth having. You do not want to “control” your reputation; you won’t be able to do it by controlling information flow.

One learns new words without making a nerd-effort, but rather another type of effort: to communicate, mostly by being forced to read the mind of the other person-suspending one’s fear of making mistakes. Success, wealth and technology make this mode of acquisition much more difficult. Yet, the best way to learn a language may be an episode of jail in a foreign country.

Every plane crash brings us closer to safety, improves the system, and makes the next flight safer-those who perish contribute to the overall safety of others.

When my grandfather asked his friend during the Lebanese war why he did not go back to Aleppo, his answer was categorical: “We people of Aleppo prefer war to prison.” I thought that meant that they were going to put him in jail, but then I realized that by “prison” he meant loss of political and economic freedoms

Books by the same Author

A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable, than it was. The astonishing success of Google was a black swan; so was 9/11.
The Black Swan

A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable, than it was. The astonishing success of Google was a black swan; so was 9/11.