As the book progresses, taleb covers in great depth the domain of the fragile and the opposing domain of the antifragile showing how fragility can be detected, measured, and transformed. Antifragile is a standalone book in nassim nicholas talebs landmark incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decisionmaking in a world we dont understand. I would agree with parke muth to interpret it as you will. An antifragile system can be contrasted to a fragile one such as a glass vase. Antifragility is a concept developed by professor, former trader and former hedge fund. Things that gain from disorder random house nassim nicholas taleb. On antifragility in systems and organizational architecture published 09 january 20. Type, name, latest commit message, commit time failed to load latest commit information. In antifragile, taleb aims to stand uncertainty on its head, making it desirable, even necessary. Use features like bookmarks, note taking and highlighting while reading antifragile. Things that gain from disorder is a book by nassim nicholas taleb. Nov 21, 2012 taleb says the least antifragile state in the world at the moment is saudi arabia, a plausible claim though one it would be nice to see argued out.
Feb 27, 2015 antifragile summary by nassim taleb duration. 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. Taleb explains that antifragile systems have options that is, a variety of possible responses to different conditions. Nassim taleb is also an eclectic, entertaining and at times beautifully sarcastic writer in antifragile he coined iand, standing for. Antifragile ebook by nassim nicholas taleb rakuten kobo. In the black swan, taleb showed us that highly improbable and unpredictable events underlie almost everything about our world. Building on concepts from his previous books fooled by randomness and the black swan, nassim nicholas taleb provides us with a solution to the problems of uncertainty and volatilityembrace the antifragile.
A postulated antithesis to fragility where highimpact events or shocks can be beneficial. Antifragile is a standalone book in nassim nicholas talebs landmark incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and. Recurring themes throughout the book include skin in the game, via negativa, lindy effect, barbell strategy and the green lumber fallacy. Sep 12, 2016 fwiw an answer to a question raised a couple of years ago. Antifragile is a standalone book in nassim nicholas taleb s landmark incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decisionmaking in a world we dont understand. Simple workouts to keep you flexible, energized, and pain free ebook. How to live in a world we dont understand in the black swan, nassim nicholas taleb wrote on the highly improbable and unpredictable events that underlie almost everything about our world. Just as human bones get stronger when subjected to stress and tension, many things in life benefit from stress, disorder, volatility, and turmoil.
On antifragility in systems and organizational architecture. He systematically made very improbable bets with even higher pay offs. Nassim nicholas taleb takes a critical look at modern society and its aim to smooth out life by interfering in systems like the economy. The antifragile, and only the antifragile, will make it. Imagine falling into the clutches of an antifragile justice system. Antifragile wisconsin public library consortium overdrive. A fragile person is one who thinks he can predict the futureand when things go very sour, he is sorely hurt, usually in a i had previously read nassim talebs the black swan. Antifragile should be a mandatory read for all policy makers and investment bankers. In this video i will present my top 5 takeaways from antifragile. Philosophical and practical aphorisms, and the black swan. The other books in the series are fooled by randomness, the black swan, skin in the game, and the bed of procrustes.
Like the greek hydra that grows two heads for each one it loses, people, systems, and institutions that are antifragile not only withstand shocks, they benefit from them. What taleb has identified and calls antifragile are things that not only gain from chaos but need it in order to survive and flourish. The theory behind antifragile is that certain things actually benefit from disorder and that as the world grows more complex, its those antifragile things that will benefit. I would recommend reading antifragile first and then deciding whether at all to read black swan for the following reasons. Things that gain from disorder, the bestselling book by the statistician and former. Erudite, witty, and iconoclastic, taleb s message is revolutionary. His view is that constructing such socalled robust institutions is not sufficient as it continually fights yesterdays battle. Taleb s basic thesis is that people and institutions are either fragile, robust, or antifragile. Nassim nicholas taleb is a lebanese american statistician and writer. The acclaimed author of the influential bestseller the black swan, nicholas nassim taleb takes a next big step with a deceptively simple concept.
Antifragile is a blueprint for living in a black swan world. The first two books in the trilogy, fooled by randomness and the black swan, have made taleb the hottest thinker in the world, according to the london times. Antifragile is a standalone book in nassim nicholas talebs landmark incerto series, an investigation of opacity, luck, uncertainty, probability. In his new book, antifragile, nassim taleb discusses the behaviour of complex systems and distinguishes three kinds. Complexadaptivesystemsantifragile by nassim nicholas taleb at. Jan 28, 2014 antifragile is a blueprint for living in a black swan world. Few understand that procrastination is our natural defense, letting things take care of themselves and exercise their antifragility. Nassim nicholas taleb, the bestselling author of the black. Download it once and read it on your kindle device, pc, phones or tablets.
Includes bibliographical references the acclaimed author of the influential bestseller the black swan, nicholas nassim taleb takes a next big. Nov, 2015 i would agree with parke muth to interpret it as you will. Antifragile is a standalone book in nassim nicholas taleb s landmark incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decisionmaking in a world we dont. Talebs basic thesis is that people and institutions are either fragile, robust, or antifragile. Instead the focus should be in building antifragile institutions. Antifragile by nassim nicholas taleb middle way society. In his view, the innovation and discovery process requires antifragile thinking, which is largely more influenced by the capacity to assume risk than by formal education. In the same way, we want not just to survive uncertainty, but be strengthened by it. Nassim nicholas taleb has devoted his life to problems of uncertainty, probability, and knowledge and has led three careers around this focus, as a businessman.
Fooled by randomness is talebs best book, followed by the black swan. Building on concepts from his previous books fooled by randomness and the black swan, nassim nicholas taleb provides us with a solution to the problems of uncertainty and. A glass vase can survive very minor stresses unharmed, but is suddenly and completely destroyed by a major one. In antifragile, taleb stands uncertainty on its head, making it desirable, even necessary, and proposes that things be built in an antifragile manner. Nassim taleb takes great issue with this approach in his new book antifragile. Nassim nicholas taleb has devoted his life to problems of uncertainty, probability, and knowledge and has led three careers around this focus, as a businessmantrader, a philosophical essayist, and an academic researcher.
The other books in the series are fooled by randomness, the black swan, skin in the. Things that gain from disorder by nassim nicholas taleb. All content included on our site, such as text, images, digital downloads and other, is the property of its content suppliers and protected by us and international laws. What taleb has identified and calls antifragile are things that not only gain. It is a concept developed by professor nassim nicholas taleb in his book, antifragile, and in technical papers. Antifragile by nassim taleb march 12, 2016 march 12, 2016 kirtika 4 comments antifragile a term used to mean the opposite of fragile, and denote things that gain from disorder, chaos, stressors. Taleb says the least antifragile state in the world at the moment is saudi arabia, a plausible claim though one it would be nice to see argued out. Nov 27, 2012 antifragile is a standalone book in nassim nicholas taleb s landmark incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decisionmaking in a world we dont understand. Erudite, witty, and iconoclastic, talebs message is revolutionary.
Nassim nicholas taleb antifragile has completely changed how people think about work and life, and the concepts from it can be used daily. All four volumesantifragile, the black swan, fooled by randomness, and the expanded edition of the bed of procrustes, updated with more than 50 percent new materialare now together in one boxed set. Taleb contends that by suppressing volatility and randomness, we have fragilized almost our entire environment, from education to health to the economy. The hidden role of chance in life and in the markets, the bed of procrustes.
Taleb developed the theory through his work as an options trader. If the idea is nice and neat, however, the book that houses it is just the opposite. Nassim taleb is a trader himself and many of the lessons from this book he learned by trading in highly volatile currency markets. Praise for antifragile ambitious and thoughtprovoking. He got tired of his buddies with more transactional lives hinting at him. Perhaps being deprived of poison makes us fragile and the road to robustification starts with a modicum of harm. It has many different concepts and some extremely interesting points of view. A fragile person is one who thinks he can predict the futureand when things go very sour, he is sorely hurt, usually in a i had previously read nassim taleb s the black swan. Recurring themes throughout the book include skin in the game, via negativa, lindy effect. Antifragility is a property of systems that increase in capability to thrive as a result of stressors, shocks, volatility, noise, mistakes, faults, attacks, or failures. Things that gain from disorder by nassim nicholas taleb in djvu, doc, fb3 download ebook.
As taleb himself says, antifragile is his thesis developed ov. Things that gain from disorder by nassim nicholas taleb notes the wind energizes the fire and extinguishes the candle. How to build mental toughness antifragile by nassim taleb. Things that gain from disorder kindle edition by taleb, nassim nicholas. Fwiw an answer to a question raised a couple of years ago.
Which book should i read first, black swan or antifragile. Antifragile system design principles these are rather like the principles of the joi itoera mit media lab, but even scarier. Nassim nicholas taleb is a former trader and hedge fund manager, a bestselling author, and a groundbreaking theorist on risk and resilience. Nassim taleb talks antifragile, libertarianism, and.