Antifragile: Things That Gain from Disorder
| Author | : | |
| Rating | : | 4.20 (855 Votes) |
| Asin | : | B00A2ZIZYQ |
| Format Type | : | |
| Number of Pages | : | 375 Pages |
| Publish Date | : | 2017-04-12 |
| Language | : | English |
DESCRIPTION:
The antifragile is immune to prediction errors. 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. Taleb stands uncertainty on its head, making it desirable, even necessary, and proposes that things be built in an antifragile manner. Extremely ambitious and multidiscip
As always, an imperfect, infuriating but intriguing book Alfred LEUNG 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 antifragile is a good thing."Well, that's pretty much summarizes this 500-pages-long book. The rest is an accumulation of more or less relevant topics, delivered in Taleb's trademarked seering, holier-than-thou, hero-or-moron style. Why, even in "D. 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 assimilate all its valuable nuggets of truth.. "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 a global restaurant melt-down?" The answer to this question, when asked about many different domains, is probably more important to you than you think.In Antifragile, Taleb made me aware of several cognitive biases that made me hold contradictory b