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Futurable Planet: Answers from a Shifted Paradigm.
Positive Emergence informed by authentic presencing and conscious transformation
Curated by Anne Caspari
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Nassim Taleb and Daniel Kahneman discusses Antifragility at NYPL

Nassim Taleb and Daniel Kahneman discusses Antifragility at NYPL | Futurable Planet: Answers from a Shifted Paradigm. | Scoop.it
Nassim Nicholas Taleb's Home Page has a link to the video Nassim Taleb and Daniel Kahneman discusses Antifragility at NYPL. I always find it easy to understand the concept and the value of what he ...
Anne Caspari's insight:

really interesting conversation. Read Antifragile before you listen! 

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Angela Rizner's comment, September 19, 2013 3:37 PM
Half way through. hoping to audit his class in the spring.
Anne Caspari's comment, October 5, 2013 4:46 PM
:-), thanks, and Angela, go for it, would love to hear about it... !
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Nassim Taleb's 'Antifragile' Celebrates Randomness In People, Markets

Nassim Taleb's 'Antifragile' Celebrates Randomness In People, Markets | Futurable Planet: Answers from a Shifted Paradigm. | 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.

 


Via Deb Nystrom, REVELN, Philippe Vallat
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Deb Nystrom, REVELN's comment, April 17, 2013 2:57 PM
Anne, your layering encourages critical nuanced views beyond the book's "shiny new term" idea. Sometimes the first thing to do is "not do," as in, don't just do something, stand there. Doe we need an "intervention?" What are the other perspectives available, thinking systemically? Re: Iatrogenics: From the "Black Swan Report: "...the argument of Chapters 21 and 22 on the convexity of iatrogenics (only treat the VERY ill): Mortality is convex to blood pressure."
Anne Caspari's comment, April 22, 2013 9:42 AM
Hi Deb, thanks :-). I also reckon there are MANY fresh perspectives on how to handle different systems (or leave them alone), may they be health, financial, socio-political, ecological.... I love it and keep smiling to myself when I see the aha - moments on applied convexity/anti/fragility pop up in daily life, business and otherwise... compliments also on your scoops...
Deb Nystrom, REVELN's comment, April 22, 2013 10:16 PM
Thanks Anne. Systems and org. groupies a bit, maybe. ;-)
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Skin in the Game as a Required Heuristic for Acting under Uncertainty

Skin in the Game as a Required Heuristic for Acting under Uncertainty | Futurable Planet: Answers from a Shifted Paradigm. | Scoop.it
How are we to act in the face of all the uncertainty that remains after we have become aware of our ignorance?
Anne Caspari's insight:

"We believe skin in the game is the heuristics of a safe and just society. Opposed to this is the unethical practice of taking all the praise and benefits of good fortune whilst disassociating oneself from the results of bad luck or miscalculation. We situate our view within the framework of ethical debates relating to the moral significance of actions whose effects result from ignorance and luck. We shall demonstrate how the idea of skin in the game can effectively resolve debates about (a) moral luck and (b) egoism vs. altruism, while successfully bypassing (c) debates between subjectivist and objectivist norms of action under uncertainty, by showing how their concerns are of no pragmatic concern." 

 

read Taleb`s book Antifragile, it is one of the best/most intelligently written books I have read in ages. AC 

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