For 10 years now, he’s been studying unexpected and predicted events in the global economy. Taleb started as a risk analyst at New York stock exchanges and ran his own hedge fund.
We’ve selected the most inspiring quotes from Antifragile:
“Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio.”
“The record shows that, for society, the richer we become, the harder it gets to live within our means. Abundance is harder for us to handle than scarcity.”
“Further, 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 themselves the “victims” of some large plot, a bad boss, or bad weather.”
ON TRIAL AND ERROR
“Further, the random element in trial and error is not quite random, if it is carried out rationally, using error as a source of information. If every trial provides you with information about what does not work, you start zooming in on a solution—so every attempt becomes more valuable, more like an expense than an error. And of course you make discoveries along the way.”
In late March 2018, Nassim Taleb will deliver a 2-day lecture in Tbilisi.