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Quote by Nassim Nicholas Taleb

“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.”

Quote by Nassim Nicholas Taleb

Work

Antifragile: Things That Gain from Disorder

Nassim Nicholas Taleb's book challenges traditional notions of resilience and fragility, arguing that certain systems and individuals benefit from disorder and volatility. It examines the principles of antifragility across multiple disciplines, providing insights into how to navigate uncertainty and chaos effectively. more

Author

Nassim Nicholas Taleb
Nassim Nicholas Taleb

Nassim Nicholas Taleb is a renowned author, scholar, and thinker whose unique perspective and profound insights have had a wide-reaching impact in fields such as finance, statistics, and philosophy. He is best known for his books 'The Black Swan' and 'Fooled by Randomness', which have explored the nature of uncertainty, risk, and probability theory. more

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“We can simplify the relationships between fragility, errors, and anti fragility as follows. When you are fragile, you depend on things following the exact planned course, with as little deviation as possible - for deviations are more harmful than helpful. This is why the fragile needs to be very predictive in its approach, and, conversely, predictive systems cause fragility. When you want deviations, and you don't care about the possible dispersion of outcomes that the future can bring, since most will be helpful, you are anti fragile.”