Description
In The Black SwanTaleb outlined a problem, and his revelatory new book Antifragileoffers a definitive solution- how to live in a world that is unpredicatable, chaotic, and full of shocks, and how to thrive during periods of disaster. Taleb stands uncertainty on its head, making it desirable, even necessary, and proposes that things be built in an antifragile manner. For what Taleb calls the 'antifragile' is beyond the merely robust; it benefits from shocks, uncertainty and stressors. The most successful of us, the most daring and creative will take advantage of disorder and invent new, more powerful opportunities and advantages beyond our expectations. 'Antifragility is the secret to success in a world full of uncertainty, a system for turning random mutations to lasting advantage . . . highly entertaining . . . . whether you find Mr Taleb amusing or irritating, you want to read on.' Economist'Taleb is a very funny writer with a finely tuned BS detector . . . Antifragility isn't just sound economic and political doctrine. It's also the key to a good life.' Fortune '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.' Matt Ridley, Wall Street Journal 'A new kind of strength . . . not invincible but better able to handle life's inevitable surprises . . . such a combination leaves open the possibility of big rewards while minimizing exposure to risk.' Los Angeles Times 'Taleb is an outsider in a business of outsiders, and if he is lobbing grenades at the power in the centre - well, that's the point.' Daily Telegraph
About the Author
Nassim Nicholas Taleb spent 21 years as a risk taker (quantitative trader) before becoming a flaneur and researcher in philosophical, mathematical and (mostly) practical problems with probability.Taleb is the author of a multivolume essay, the Incerto (The Black Swan, Fooled by Randomness, Antifragile, and Skin in the Game) an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision making when we don’t understand the world, expressed in the form of a personal essay with autobiographical sections, stories, parables, and philosophical, historical, and scientic discussions in nonover lapping volumes that can be accessed in any order.In addition to his trader life, Taleb has also written, as a backup of the Incerto, more than 50 scholarly papers in statistical physics, statistics, philosophy, ethics, economics, international affairs, and quantitative finance, all around the notion of risk and probability.Taleb is currently Distinguished Professor of Risk Engineering at NYU's Tandon School of Engineering (only a quarter time position). His current focus is on the properties of systems that can handle disorder ("antifragile").Taleb believes that prizes, honorary degrees, awards, and ceremonialism debase knowledge by turning it into a spectator sport.See Wikipedia for more details.