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taleb_robustness [2009-04-08 07:53] – 81.188.78.24 | taleb_robustness [2013-08-21 14:41] – nik | ||
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- Make an omelette with the broken eggs. | - Make an omelette with the broken eggs. | ||
- | see also: [[black swan]] | + | see also: [[black swan]] |
+ | ====Antifragility==== | ||
+ | |||
+ | < | ||
+ | |||
+ | http:// | ||
+ | </ | ||
+ | |||
+ | System design principles | ||
+ | - Stick to simple rules | ||
+ | - Decentralize | ||
+ | - Develop layered systems | ||
+ | - Build in redundancy and overcompensation | ||
+ | - Resist the urge to suppress randomness | ||
+ | - Ensure everyone has "skin in the game" | ||
+ | - Give higher status to practitioners rather than theoreticians | ||
+ | |||
+ | Strategies for antifragility | ||
+ | - Pursue barbell approaches | ||
+ | - Focus on options | ||
+ | - Be curious | ||
+ | - Get out of your comfort zone | ||
+ | - Focus on the edge | ||
+ | - Conduct lots of experiments and tinker | ||
+ | - Don’t get consumed by data | ||
+ | - Focus on building/ | ||
+ | - Focus on subtractive knowledge | ||
+ | - Collaborate and trade | ||
+ | - Respect the old | ||
+ | - Beware of wealth, debt and reputation |