More follow-up from NNT’s recent Stevens Institute talk.
HatTip to Dave Lull.
Here’s a quote from the prologue of Antifragility, which should give you a sense of Taleb’s substance and style: “This book is about how to domesticate, even dominate, even conquer, the impenetrable, the unseen, the non-understood, the opaque, the perplexing, and the inexplicable. Wind extinguishes a candle and energizes fire. Likewise with randomness: you want to use it, not hide from it. You want to be the fire and wish for the wind. This summarizes my non-sissy attitude toward randomness and uncertainty.” Non-sissy uncertainty? That’s a message I’ll enjoy imparting to my students.
– Explain how perception effects the decision-making process
Follow the link to the original source at the bottom to engage with the author.