#mentalmodel

1/N antifragile

concept

Antifragility is a concept introduced by Taleb in his book Antifragile: Things that Gain from Chaos. It refers to the ability of a system or entity to not only withstand shocks and disruptions, but also to benefit from them, becoming stronger and more resilient.

World view:

Taleb proposed a triadic worldview, a concept that ranges from “fragile” to “robust” to “antifragile.” In this framework, vulnerability means being negatively affected by stress, robustness means resisting stress, and antifragility means benefiting from stress. Taleb explains this concept through mythology, using Damocles (representing fragility), the Phoenix (symbolizing robustness in rebirth), and the Hydra (antifragility in using challenges to become stronger) as examples .As shown in the picture

practice:

To practice antifragility, use uncertainty and volatility as opportunities to grow and learn. Look for environments that push you out of your comfort zone and allow you to develop new skills and perspectives. Continuously adjust and develop your strategy and mindset based on feedback and experience.

-Embrace change: Seeking challenges and exposing yourself to new experiences and stressors can build resilience and adaptability in controlled doses (+4%).

- Learn from failure: Embrace and learn from failure instead of avoiding it.

-Investment: Barbell Strategy (Bottom and Bottom); Looking for Non-Linear Returns

lifestyle:

Refuse to live a "touristy" life. This kind of life assumes that the future is predictable. You complete the set steps step by step and expect to get the desired results.

Embrace randomness, do not have too many assumptions about the future, welcome random events in life, and be good at exploring the value behind random events and seizing opportunities.

Find strength in uncertainty, it’s better to be stupid and antifragile than smart and fragile.