Antifragile: Things that Gain from Disorder

Description

Tough times don't last. Tough people do. 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. Just as human bones get stronger when subjected to stress and tension, and rumors or riots intensify when someone tries to repress them, many things in life benefit from stress, disorder, volatility, and turmoil. What Taleb has identified and calls "antifragile" is that category of things that not only gain from chaos but need it in order to survive and flourish. In The Black Swan, Taleb showed us that highly improbable and unpredictable events underlie almost everything about our world. In Antifragile, Taleb stands uncertainty on its head, making it desirable, even necessary, and proposes that things be built in an antifragile manner. The antifragile is beyond the resilient or robust. The resilient resists shocks and stays the same; the antifragile gets better and better. Furthermore, the antifragile is immune to prediction errors and protected from adverse events. Why is the city-state better than the nation-state, why is debt bad for you, and why is what we call "efficient" not efficient at all? Why do government responses and social policies protect the strong and hurt the weak? Why should you write your resignation letter before even starting on the job? How did the sinking of the Titanic save lives? The book spans innovation by trial and error, life decisions, politics, urban planning, war, personal finance, economic systems, and medicine. And throughout, in addition to the street wisdom of Fat Tony of Brooklyn, the voices and recipes of ancient wisdom, from Roman, Greek, Semitic, and medieval sources, are loud and clear. Antifragile is a blueprint for living in a Black Swan world.

Nassim Nicholas Taleb is a radical no-nonsense philosopher for our times. He has spent his life immersing himself in problems of luck, uncertainty, probability, and knowledge, and he has led three high-profile careers around his ideas, as a man of letters, as a businessman-trader, and as a university professor and researcher. He is currently Distinguished Professor of Risk Engineering at New York University's School of Engineering. He is the author of the 4-volume INCERTO (Antifragile, The Black Swan, Fooled by Randomness, and The Bed of Procrustes). Taleb refuses all awards and honours as they debase knowledge by turning it into competitive sports.

Really made me think about how I think -- Mohsin Hamid * Guardian * The hottest thinker in the world -- Bryan Appleyard * The Sunday Times * A superhero of the mind -- Boyd Tonkin Wall Street's principal dissident -- Malcolm Gladwell A guru for every would-be Damien Hirst, George Soros and aspirant despot -- John Cornwell * Sunday Times * Nassim Taleb, in his exasperating but compelling book Antifragile, praises "things that gain from disorder" - people, policies and institutions designed to thrive on volatility, instead of shattering in the encounter with it -- Oliver Burkman * Guardian * More than just robust or flexible, it actively thrives on disruption -- Julian Baggini * Guardian * Modern life is akin to a chronic stress injury. And the way to combat it is to embrace randomness in all its forms. . . Taleb is the great seer of the modern age * Guardian * Something antifragile actively thrives under the impact of the unexpected...to embrace randomness rather than trying to control it * The Sunday Times * Enduring volatility is one thing; what about benefiting from it? That is what Taleb calls 'antifragility' and he thinks that it is the ultimate model to aspire to - for individuals, financial institutions, even nations. . . May well capture a quality that you have long aspired to without having quite known quite what it is. . . I saw the world afresh * The Times * Taleb takes on everything from the mistakes of modern architecture to the dangers of meddlesome doctors and how overrated formal education is. . . . An ambitious and thought-provoking read . . . highly entertaining * Economist * This is a bold, entertaining, clever book, richly crammed with insights, stories, fine phrases and intriguing asides. . . . I will have to read it again. And again * Wall Street Journal * [Taleb] writes as if he were the illegitimate spawn of David Hume and Rev. Bayes, with some DNA mixed in from Norbert Weiner and Laurence Sterne. . . . Taleb is writing original stuff-not only within the management space but for readers of any literature-and . . . you will learn more about more things from this book and be challenged in more ways than by any other book you have read this year. Trust me on this * Harvard Business Review * What sometimes goes unsaid about Taleb is that he's a very funny writer. Taleb has a finely tuned BS detector, which he wields throughout the book to debunk pervasive yet pernicious ideas. . . . Antifragility isn't just sound economic and political doctrine. It's also the key to a good life * Fortune * At once thought-provoking and brilliant, this book dares you not to read it * Los Angeles Times *