Value Investing World

Tuesday, October 9, 2012

Epiphanies from Nassim Nicholas Taleb

Found via Farnam Street.

There are three categories of things: Fragile things that break, like the financial system; robust things that don't break easily but don't improve, like the Brooklyn Bridge; and my new category, "antifragile" things that gain strength from stressors and get stronger from failure, like evolution. The fundamental problem in foreign policy is that people shoot for stability rather than antifragility.

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Related book: Antifragile
Joe at 10/09/2012
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