Of all the enemies nobody figured out the flaw:my definition of fragility excludes material fatigue (only shocks).Sad to have stupid enemies
Twitter / nntaleb: Of all the enemies nobody figured …
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Monthly Archives: June 2013
HOW KNOWLEDGE REDUCES ANTIFRAGILE TINKERING
HOW KNOWLEDGE REDUCES ANTIFRAGILE TINKERING
We made huge gains in cancer research when 1) we had no understanding of the biological process, 2) research was undirected (nonteleological), as we were looking for cures for something other than cancer, or stumbled on results we weren’t looking for. Chemo was born from mustard gas, etc.
Now since we’ve started targeting cancer in 1973, the results are … Could be that we had gotten the low hanging fruits; could be that modern life is cancer-causing… an alternative explanation that is even more scary.
My point is that knowledge, direction, aiming, strategic planning reduce convex tinkering.
(Graph: source Kas Thomas)
ANTIFRAGILE- Cutting the blood supply episodically lowers damage…
ANTIFRAGILE- Cutting the blood supply episodically lowers damage in the event of a subsequent heart attack. Interestingly this works even if the supply is cut from a part (say an arm) remote from the heart.
Another application of increase in variability (Jensen’s inequality).
(Thanks Dean Dobbert)
via ANTIFRAGILE- Cutting the blood supply… – Nassim Nicholas Taleb | Facebook.
The Inventory: Nassim Nicholas Taleb – FT.com
What ambitions do you still have?
To complete a multi-volume mathematical expression of the ideas of the more philosophical works, with rigorous derivations and proofs. Volume one is complete.
What drives you on?
I want to put my works under one title, Incerto, in 10 volumes – six philosophical and four mathematical – so people can grasp it all as a single piece.
What is the greatest achievement of your life so far?
I’ve learnt to never compromise.
What has been your greatest disappointment?
That I am unable to destroy the economics establishment, the press.
If your 20-year-old self could see you now, what would he think?
That I am not ashamed to be judged by my 20-year-old self. I swerved on occasion but ultimately stayed in line with what he wanted me to be.
1) If I’ve learned something, it is to never compromise…
1) If I’ve learned something, it is to never compromise.
2) Success is feeling lack of shame not some BSchool metric.
3) Avoid contact with rich farts.http://www.ft.com/intl/cms/s/2/d538a45a-4871-11e2-a1c0-00144feab49a.html#axzz2VZeMOULZ
(if you can’t access try this link: https://dl.dropboxusercontent.com/u/50282823/ft.pdf )
via 1) If I’ve learned something, it is to… – Nassim Nicholas Taleb | Facebook.