{"id":27436,"date":"2017-10-30T07:19:29","date_gmt":"2017-10-30T12:19:29","guid":{"rendered":"http:\/\/olduvai.ca\/?p=27436"},"modified":"2017-10-30T07:19:29","modified_gmt":"2017-10-30T12:19:29","slug":"bull-in-a-china-shop","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=27436","title":{"rendered":"Bull in a China Shop"},"content":{"rendered":"
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BULL IN A CHINA SHOP<\/a><\/h3>\n<\/header>\n
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\u201cSo the modern world may be increasing in technological knowledge, but, paradoxically, it is making things a lot more unpredictable.\u201d<\/em> \u2013 Nassim Nicholas Taleb, Antifragile: Things That Gain From Disorder<\/a><\/strong><\/p>\n

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\u201cSuccess brings an asymmetry: you now have a lot more to lose than to gain. You are hence fragile.\u201d<\/em> \u2013 Nassim Nicholas Taleb, Antifragile: Things That Gain From Disorder<\/a><\/strong><\/p>\n

I had read Nassim Taleb\u2019s other best-selling tomes about risk, randomness and black swans \u2013 Fooled by Randomness<\/a><\/strong> & The Black Swan<\/a><\/strong>. They were not easy reads, but they were must reads. He is clearly a brilliant thinker, but I like him more because he is a prickly skeptic who scorns and ridicules academics, politicians, and Wall Street scumbags with gusto. There were many passages which baffled me, but so many nuggets of wisdom throughout each book, you couldn\u2019t put them down.<\/p>\n

When his Antifragile book was published in 2012, the name intimidated me. I figured it was too intellectual for my tastes. When I saw it on the shelf in my favorite used book store at the beach, I figured it was worth a read for $9. I\u2019m plowing through it and I haven\u2019t been disappointed.<\/p>\n

His main themes are more pertinent today than they were in 2012. He published The Black Swan in 2007, just prior to one of the biggest black swans in world history \u2013 the 2008 Federal Reserve\/Wall Street created financial collapse. His disdain for \u201cexperts\u201d like Bernanke, Paulson, and Wall Street CEOs, and their inability to comprehend the consequences of their actions and in-actions as the financial system was blown sky high, was a bulls-eye.<\/p>\n

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…click on the above link to read the rest of the article…<\/p>\n

<\/a><\/strong><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

BULL IN A CHINA SHOP \u201cSo the modern world may be increasing in technological knowledge, but, paradoxically, it is making things a lot more unpredictable.\u201d \u2013 Nassim Nicholas Taleb, Antifragile: Things That Gain From Disorder \u201cSuccess brings an asymmetry: you now have a lot more to lose than to gain. You are hence fragile.\u201d \u2013 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[16781,15254,16783,5326,7248,16782,5856],"class_list":["post-27436","post","type-post","status-publish","format-standard","hentry","category-economics","tag-anti-fragile","tag-disorder","tag-expertise","tag-fragility","tag-nassim-taleb","tag-the-black-swan","tag-the-burning-platform"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/27436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27436"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/27436\/revisions"}],"predecessor-version":[{"id":27437,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/27436\/revisions\/27437"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}