Antifragile: Things That Gain from Disorder

Antifragile: Things That Gain from Disorder
Description
Alfred LEUNG said As always, an imperfect, infuriating but intriguing book. 1 Summary----------1.1 Introduction==========Taleb conveniently quotes one of his friend's summary of this book: "Everything gains or loses from volatility. Fragility is what loses from volatility and uncertainty."I think the point is better expressed by rephrasing: "Antifragility is what gains from volatility and uncertainty, up to a point. And being . James Euclid said A profound book. A true gem that reflects the flaws of modern thinking, forcing the reader to view instead the ancient vision of wisdom that comes from via negativa, a method of reducing uncertainty by removing that which is fake, flawed or fluff.Breathtaking in its delivery, this book cannot be digested in a single session and must be re-read time and again to assimil. "Start reading this book today." according to Salvatore McDonagh. Every so often I read a book that changes one of my strongly held opinions, and this is one of them.This book answers the question "Why do individual, central, and global banks inevitably collapse, losing all of their historical profits, literally overnight, while for restaurants it is usually only individual restaurants fail. Why has there never been
Taleb stands uncertainty on its head, making it desirable, even necessary, and proposes that things be built in an antifragile manner. The antifragile needs disorder in order to survive and flourish. The antifragile is immune to prediction errors. Erudite and witty, Taleb's message is revolutionary: What is not antifragile will surely perish.. From the best-selling 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.In The Black Swan Taleb outlined a problem, and in Antifragile he offers a definitive solution: how to gain from disorder and chaos while being protected from fragilities and adverse events. For what Taleb calls the "antifragile" is actually beyond the robust, because it benefits from shocks, uncertainty, and stressors, just as human bones get stronger when subjected to stress and tension. Why is the city-state better than the nation-state, why is debt bad for you, and why is everything that is both modern and complicated bound to fail? The audiobook spans innovation by trial and error, health, biology, medicine, life decisions, politics, foreign policy, urban planning, war, personal finance, and economic systems. And throughout, in addition to the street wisdom of Fat Tony of Brooklyn, the voices and recipes of ancie