Premise

The concept of something being ‘anti-fragile’ was proposed by Nicholas Nassim Taleb and describes the antithesis of fragility – things that benefit from shock and therefore prefer volatility to tranquillity.

Key Takeaway(s)

  1. The antifragility of a system depends on the fragility of its constituent parts.
  2. Shocks and stressors strengthen antifragile systems by forcing them to build up extra capacity.
  3. Tranquil environments result in fragile systems – antifragility stems from volatility.
  4. To take advantage of antifragility you don’t need to understand the opportunities you see, just when to seize them.
  5. To become antifragile, manage your risks so you can benefit from unpredictable events.
  6. The larger the organisation or system is, the harder it will be hit by unexpected crises.
  7. Many modern professions are antifragile, but at everybody else’s expense.
  8. Our desire to eliminate volatility from life will eventually make our society more fragile.
  9. Modern teaching suffers from a “turkey problem” – we misread the past to predict the future.
  10. We undervalue the role of antifragility in fuelling progress and advances in society.

Highlights

Practical

Resources

Anti-Fragility as We Train Ourselves to Improve