Tuesday, September 25, 2018

The opposite of fragile

What is the opposite of fragile? We might come up with words like strong, stable or robust, but professional contrarian Nassim Nicholas Taleb disagrees. If what is fragile weakens under pressure, then the opposite would be something that becomes stronger under pressure. That which is strong, stable or robust merely withstands the pressure. So Taleb coins the word antifragile in his 2012 book Antifragile: Things That Gain from Disorder.

This book follows in the footsteps of his best known work The Black Swan in which he points out that unexpected things happen. Just because most swans are white doesn't mean some can't be black. Hurricane Florence, the 9-11 attacks and the 1929 stock market crash are examples of black swans. If The Black Swan was short on practical advice, Antifragile is loaded with it, covering what we should eat, when we should seek medical care, what we should read, how we should get an education and how we should make our living, among other topics.

Taleb has little use for economists, big business, college professors and other intellectuals, politicians, doctors and virtually anyone who claims to be only trying to help. "This is the tragedy of modernity: as with neurotically overprotective parents, those trying to help are often hurting us the most," he says. Thus he ignores modern advice, except to ridicule it, and consults the wisdom of the past, such as Seneca, Cato the Elder and the Bible. That such writings still exist and remain helpful proves to Taleb that they are antifragile.

One finds wisdom here too, but also a bit of hypocrisy. After all Taleb, like those he criticizes, is only trying to help.

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