There you go! Applied antifragility.
“Broadening our provider network to those three new counties may be risky, but it’ll make our managed care organization more antifragile!”
“Buying a single source electronic record will reduce our health system’s antifragile competitive advantage!”
via Disease Management Care Blog: Of “Antifragile” and Accountable Care Organizations ACOs.
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COURAGE & HONOR AS YOUR 2013 RESOLUTION.
“New year resolutions” are typically modernistic self-enhancement aims such as losing weight/finding love/improving tennis/healthier habits. A loftier resolution: commit to at least one act of “ethical courage”, those acts of honor that counter harmful frauds by individuals or groups such as media/ bankers/ politicians/ lobbyists/ pharma/ InternationalFraternityofHarmfulEmptySuitsWithNoSkinintheGame/ you choose) *and* put yourself at risk, professional, reputational, financial or physical for the sake of your opinions. These acts are precisely defined as going against your self interest and call a fraud a fraud for the benefit (and the safety) of the collective, or shout the truth when it has everything going against it, everything.
In short “skin in the game” in 2013, for you and others. The more risks you take for your opinions the more honorable you will feel.
Happy 2013 everyone!
Nassim N. Taleb @nntaleb
@aoanla I focus on fragility of representation and model error (metaprobability)… http://www.fooledbyrandomness.com/precautionary.pdf …
I wonder why all these political/economic thinkers can’t make simple logical step, from a) “politicians are [incompetent/corrupt/self-serving, etc.]” b) they seem to have been that way across history and geography, to the obvious “we need a mechanism to gain from the [incompetence/corruption/…] of politicians”. Why do these small logical steps elude intellectuals?