Nassim taleb, in his exasperating but compelling book antifragile, praises things that gain from disorder people, policies and institutions designed to thrive on volatility, instead of shattering in the encounter with it oliver burkman, guardian more than just robust or flexible, it actively thrives on disruption julian baggini, guardian. Its not just a modern practical philosophy book, its a guide for smart investing, exercising, learning, working, and thinking. Antifragile is a blueprint for living in a black swan world. Nassim nicholas taleb, the bestselling author of the black swan. In his 2012 book antifragile taleb explained at length how he does stockmarket investments. Antifragile things that gain from disorder by taleb nassim. Fooled by randomness, the black swan, the bed of procrustes, antifragile, skin in the game.
Bruce russell on informational rescaling of pca maps with application to genetics. Antifragile, by nassim nicholas taleb the new york times. Use features like bookmarks, note taking and highlighting while reading antifragile. I just merely scratched the surface with my three lessons here, but thought itd be most helpful to get the idea of what antifragile even means for a start. Taleb is the author of the incerto, a five volume philosophical essay on uncertainty published between 2001 and 2018 of which the most known books are the black swan and antifragile. Nassim nicholas taleb is a former trader, philosopher and student of probabilities. Antifragile has completely changed how people think about work and life, and the concepts from it can be used daily. The central theme of the book is antifragility, which nassim defines as. A hedge fund advised by nassim nicholas taleb posted a. Nassim nicholas taleb spent two decades as a trader and risk taker before becoming a fulltime essayist and scholar focusing on practical, philosophical, and mathematical problems with chance, luck, and probability. Everything that is alive, and everything that stays alive displays some sort of antifragility.
Antifragile thinking for a fattailed world nassim taleb is the original, idiosyncratic mind behind fooled by randomness, the black swan, and antifragile, a bestselling series of books on the nature of complexity, randomness, and a world where rare events dominate the landscape. Things that gain from disorder, nassim taleb explains the concept of antifragility. Antifragile is a standalone book in nassim nicholas taleb s landmark incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and. His focus is on how different systems handle disorder. Things that gain from disorder is a book by nassim nicholas taleb published on november 27, 2012, by random house in the united states and penguin in the united kingdom. Nassim nicholas taleb has devoted his life to problems of uncertainty, probability, and knowledge and has led three careers around this focus, as a businessmantrader, a philosophical essayist, and an academic researcher. In the black swan taleb outlined a problem, and in antifragile he offers a definitive solution. Erudite, witty, and iconoclastic, talebs message is revolutionary. Taleb expects the other market players to believe that returns are distributed according to a gaussian bell curve while taleb keeps pointing out that these returns are distributed along fattailed mandelbrotian curves. Nassim nicholas taleb s black swan is essential reading for an entrepreneur. Explore the summary for antifragile by nassim nicholas taleb. Download it once and read it on your kindle device, pc, phones or tablets. With 12min, read or listen to the key takeaways from the best nonfiction books.
Here are 3 lessons that will show you what it means to be antifragile. From the bestselling author of the black swan and one of the foremost philosophers of our time, nassim nicholas taleb, a book on how some systems. Its a book that has come up repeatedly as having a huge impact on peoples thinking and is one of both of our favorite books. A hedge fund advised by nassim nicholas taleb posted a 4,000% return. Things that gain from disorder incerto book 3 kindle edition by taleb, nassim nicholas.
The other books in the series are fooled by randomness, the black swan, skin in the game, and the bed of procrustes. He argues that some systems thrive when exposed to shocks and crises, instead of breaking under their pressure. Antifragile resembles a selfhelp book, though it is difficult to imagine any other selfhelp book as intemperate and cranky. Erudite, witty, and iconoclastic, taleb s message is revolutionary. Taleb is currently distinguished professor of risk engineering at new york universitys school of engineering, but he.
Taleb argues that antifragility is essential for dealing with the subject of the book that made his name. Yet, in spite of the ubiquity of the phenomenon, there is no word for the exact opposite of fragile. The book spans innovation by trial and error, life decisions, politics, urban planning, war, personal finance, economic systems and medicine, drawing on modern street wisdom and ancient sources. Nassim taleb is a trader himself and many of the lessons from this book he learned by trading in highly volatile currency markets. From the bestselling author of the black swan and one of the foremost philosophers of our time, nassim nicholas taleb, a book on how some systems actually benefit from disorder. Taleb is the author of a multivolume essay, the incerto the black swan, fooled by randomness, antifragile, and skin in the game an investigation of. Antifragile is a standalone book in nassim nicholas taleb s landmark incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decisionmaking in a world we dont understand. The author, nassim nicholas taleb, is a statistician and investigates problems of randomness and uncertainty. Online shopping from a great selection at books store. As the coronavirus pandemic spread across the globe, the stock market. Antifragile is a standalone book in nassim nicholas talebs landmark incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decisionmaking in a world. He is one of my favorite authors and he has also published skin in the game, the black swan, fooled by randomness.
Nassim nicholas taleb, the bestselling author of the black. Antifragile, nassim nicholas talebs followup to his black swan, argues that topdown efforts to eliminate volatility in public and private lives end up making things more fragile. From the bestselling author of the black swan and one of the foremost thinkers of our time, nassim nicholas taleb, a book on how some things actually benefit from disorder. Nassim nicholas taleb divides the world and all thats in it people, things, institutions, ways of life into three categories. Things that gain from disorder kindle edition by taleb, nassim nicholas. Antifragile is a standalone book in nassim nicholas talebs landmark incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decisionmaking in a world we dont understand. Neil soni, who came on for episode 7, rejoined me to do an indepth breakdown of the book antifragile by nassim nicholas taleb. This book builds upon ideas from his previous works including fooled by randomness 2001, the black swan 20072010, and the bed of procrustes 20102016 and is the fourth book in the fivevolume. Nassim taleb will be in conversation with ed smith at union chapel, london n1 tomorrow at 7pm. Black swan hedge fund advised by nassim taleb returns.
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