Money and Finance
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
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James Altucher Interviews Nassim Taleb
Link to: Ep. 45 Nassim Taleb: Why You Should Embrace Uncertainty This week, Nassim Taleb, author of Antifragile: Things That Gain from Disorder, joins The James Altucher Show to talk about technology and how different systems handle disorder. Just...
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Taleb Says Debt Raises Risk Of `catastrophe' (video)
Found via GuruFocus. Nov. 14 (Bloomberg) -- Nassim Nicholas Taleb, a professor at New York University and author of "The Black Swan" and "Antifragile: Things That Gain From Disorder," talks about risks created by government debt and Federal Reserve monetary...
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Nassim Taleb Quote
“Aside from the non-narrative view of things, another lesson. People with too much smoke and complicated tricks and methods in their brains start missing elementary, very elementary things. Persons in the real world can’t afford to miss these things;...
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Nassim Taleb Quote
“What makes life simple is that the robust and antifragile don’t have to have as accurate a comprehension of the world as the fragile—and they do not need forecasting.” –Nassim Taleb, Antifragile
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Nassim Taleb On Bloomberg (video)
Feb. 19 (Bloomberg) -- Nassim Nicholas Taleb, a New York University professor and author of "The Black Swan" and "Antifragile: Things That Gain From Disorder," talks about financial markets, the banking industry and fiscal policy. He speaks with Erik...
Money and Finance