Nassim Taleb's 'Antifragile' Celebrates Randomness In People, Markets - Forbes | Change Management Resources | Scoop.it

'Antifragile' is a celebration of risk and randomness and a call to arms to recognize and embrace antifragility.

Many readers misunderstand Taleb’s core message.  They assume that because Taleb writes about unseen and improperly calculated risks, his objective must be to reduce or eliminate risk.  Nothing could be further from the truth. 


Antifragile is a celebration of risk and randomness and a call to arms to recognize and embrace antifragility. 


Rather than reduce risk, organize your life, your business or your society in such a way that it benefits from randomness and the occasional Black Swan event.


Taleb’s own life is a case in point.  He had the free time to write Fooled, The Black Swan and Antifragile because—in his own words—he made “F___ you money” during the greatest Black Swan event of our lifetimes, the 1987 stock market crash.  


...Taleb’s trading style is antifragile, had the 1987 crash never happened, Taleb would not have been materially hurt.  His trading style puts little at risk but allows for outsized returns.



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