Rating: ****
Tags: Business & Economics, Investments & Securities, Stocks, Philosophy, Movements, Phenomenology, Decision-Making & Problem Solving, Lang:en
Publisher: Random House Publishing Group
Added: May 6, 2018
Modified: November 5, 2021
Summary
Antifragile
is a standalone book in Nassim Nicholas Taleb’s
landmark Incerto series, an investigation of opacity, luck,
uncertainty, probability, human error, risk, and
decision-making in a world we don’t understand. The
other books in the series are
Fooled by
Randomness, The Black Swan, Skin in the Game,
and
The Bed of
Procrustes
.
Nassim Nicholas Taleb, the bestselling author of
The Black Swan and one of the foremost thinkers of
our time, reveals how to thrive in an uncertain world.
Just as human bones get stronger when subjected to stress
and tension, and rumors or riots intensify when someone tries
to repress them, many things in life benefit from stress,
disorder, volatility, and turmoil. What Taleb has identified
and calls “antifragile” is that category of
things that not only gain from chaos but need it in order to
survive and flourish.
In
The Black Swan, Taleb showed us that highly
improbable and unpredictable events underlie almost
everything about our world. In
Antifragile, Taleb stands uncertainty on its head,
making it desirable, even necessary, and proposes that things
be built in an antifragile manner. The antifragile is beyond
the resilient or robust. The resilient resists shocks and
stays the same; the antifragile gets better and better.
Furthermore, the antifragile is immune to prediction
errors and protected from adverse events. Why is the
city-state better than the nation-state, why is debt bad for
you, and why is what we call “efficient” not
efficient at all? Why do government responses and social
policies protect the strong and hurt the weak? Why should you
write your resignation letter before even starting on the
job? How did the sinking of the
Titanic save lives? The book spans innovation by
trial and error, life decisions, politics, urban planning,
war, personal finance, economic systems, and medicine. And
throughout, in addition to the street wisdom of Fat Tony of
Brooklyn, the voices and recipes of ancient wisdom, from
Roman, Greek, Semitic, and medieval sources, are loud and
clear.
Antifragile is a blueprint for living in a Black
Swan world.
Erudite, witty, and iconoclastic, Taleb’s message is
revolutionary: The antifragile, and only the antifragile,
will make it.
Praise for *Antifragile*
“Ambitious and thought-provoking . . . highly
entertaining.”
— *The Economist*
“A bold book explaining how and why we should
embrace uncertainty, randomness, and error . . . It may just
change our lives.”
— *Newsweek *