At no point in history have so many non-risk-takers, that is, those with no personal exposure, exerted so much control.
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Book
Antifragile: Things That Gain from Disorder
Antifragile is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the serie
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This is the central illusion in life: that randomness is risky, that it is a bad thing—and that eliminating randomness is done by eliminating randomness.
My characterization of a loser is someone who, after making a mistake, doesn’t introspect, doesn’t exploit it, feels embarrassed and defensive rather than enriched with a new piece of information, and tries to explain why he made the mistake rather than moving on. These types often consider themselv…
My idea of the modern Stoic sage is someone who transforms fear into prudence, pain into information, mistakes into initiation, and desire into undertaking.
Anything that has more upside than downside from random events (or certain shocks) is antifragile; the reverse is fragile.
Practitioners are usually too busy practitioning to write books, articles, papers, speeches, equations, theories and get honored by Highly Constipated and Honorable Members of Academies).
The complex world, the notion of 'cause' itself is suspect; it is either nearly impossible to detect or not really defined—another reason to ignore newspapers, with their constant supply of causes for things.
This is the tragedy of modernity: as with neurotically overprotective parents, those trying to help are often hurting us the most.
The excess energy released from overreaction to setbacks is what innovates!
Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same; the antifragile gets better.
Variations also act as purges. Small forest fires periodically cleanse the system of the most flammable material, so this does not have the opportunity to accumulate. Systematically preventing forest fires from taking place 'to be safe' makes the big one much worse.