Taleb_Antifragile__2012.pdf
In short, the fragilista (medical, economic, social planning) is one who makes you engage in policies and actions, all artificial, in which the benefits are small and visible, and the side effects potentially severe and invisible .
Nassim Nicholas Taleb (author association inferred from title) or related work on antifragility (2012) • Taleb_Antifragile__2012.pdf
The fragilista falls for the Soviet-Harvard delusion , the (unscientific) overestimation of the reach of scientific knowledge.
Nassim Nicholas Taleb (author association inferred from title) or related work on antifragility (2012) • Taleb_Antifragile__2012.pdf
Our idea is to avoid interference with things we don’t understand. Well, some people are prone to the opposite. The fragilista belongs to that category of persons who are usually in suit and tie, often on Fridays; he faces your jokes with icy solemnity, and tends to develop back problems early in life from sitting at a desk, riding airplanes, and... See more
Nassim Nicholas Taleb (author association inferred from title) or related work on antifragility (2012) • Taleb_Antifragile__2012.pdf
You cannot say with any reliability that a certain remote event or shock is more likely than another (unless you enjoy deceiving yourself), but you can state with a lot more confidence that an object or a structure is more fragile than another should a certain event happen. You can easily tell that your grandmother is more fragile to abrupt changes... See more
Nassim Nicholas Taleb (author association inferred from title) or related work on antifragility (2012) • Taleb_Antifragile__2012.pdf
Black Swans hijack our brains, making us feel we “sort of” or “almost” predicted them, because they are retrospectively explainable. We don’t realize the role of these Swans in life because of this illusion of predictability. Life is more, a lot more, labyrinthine than shown in our memory—our minds are in the business of turning history into... See more
Nassim Nicholas Taleb (author association inferred from title) or related work on antifragility (2012) • Taleb_Antifragile__2012.pdf
I want to live happily in a world I don’t understand.
Nassim Nicholas Taleb (author association inferred from title) or related work on antifragility (2012) • Taleb_Antifragile__2012.pdf
While in the past people of rank or status were those and only those who took risks, who had the downside for their actions, and heroes were those who did so for the sake of others, today the exact reverse is taking place. We are witnessing the rise of a new class of inverse heroes, that is, bureaucrats, bankers, Davos-attending members of the... See more
Nassim Nicholas Taleb (author association inferred from title) or related work on antifragility (2012) • Taleb_Antifragile__2012.pdf
This is the tragedy of modernity: as with neurotically overprotective parents, those trying to help are often hurting us the most.
Nassim Nicholas Taleb (author association inferred from title) or related work on antifragility (2012) • Taleb_Antifragile__2012.pdf
anything that has more upside than downside from random events (or certain shocks) is antifragile; the reverse is fragile.