Paige McLoughlin’s Reviews > Antifragile: Things That Gain from Disorder > Status Update

Mathematical graphs of positive and negative black swans. Concave up and concave down.

Barbell strategy invests most stuff in safe funds but has a small amount for high-risk/return funds. It might work in a lot of places.

Iatrogenics and downsides of medical intervention.

The author uses risk models for antifragility. Working in an office has little short-term risk but huge long-term risks if the venture fails or fired. Working as a freelance taxi driver makes for intermittent short-term risks of variable income, but tends to stay free of long-term shocks that the office worker could be subject to.

Introduces the categories of fragile, robust, and Anti-fragile. Fragile stuff breaks and is exposed to negative black swans. Robust stuff can endure a lot, and antifragile stuff gets better with punishment and has some exposure to positive black swans.

Just started reading.