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I think the writer meant Hydra, not Medusa.
1 posted on 11/26/2012 5:45:52 PM PST by oblomov
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To: oblomov

Antifragility is hardly a new concept, although possibly a neologism. Reread the Bible. There’s something about iron sharpening iron.


2 posted on 11/26/2012 5:59:52 PM PST by Tublecane
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To: oblomov

This is the guy that coined the term, “black swan”. I think he also made a fortune or two (and lost at least one) on a peculiar investing strategy.


3 posted on 11/26/2012 6:59:31 PM PST by ziravan (Are you better off now than you were $9.4 Trillion dollars ago?)
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To: oblomov

i’m not necessarily a big gold fan but, gold has to be the ultimate antifragile investment: the more chaotic and dangerous things become, the more it is worth.

can’t say that about too many other investments...


4 posted on 11/26/2012 7:05:09 PM PST by Reverend Wright (Obama explains the ALCS: the Yankees actually played great but lost due to mistakes by Joe Torre)
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To: oblomov

Iatrogenics = Taleb’s term for naive interventionists who recklessly meddle in complex systems.

A perfect description of the designers of Obamacare.


5 posted on 11/26/2012 7:31:24 PM PST by Malesherbes (- Sauve qui peut)
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