On March 30 and April 1, Nassim Taleb will run a 2-day Antifragility workshop for 100 top managers from the largest companies in Georgia and the CIS countries. The globally recognized author will talk about how to measure antifragility and cultivate it in yourself and your company. The event will be opened by the Minister of Finance of Georgia, Mr. Mamuka Bakhtadze.
Nassim Nicholas Taleb is the author of best-selling books Antifragile and The Black Swan. In addition, the participants will hear the excerpts from a new, yet to be published book Skin in the Game, the Logic of Risk Taking. For 10 years now, he’s been studying unexpected and predicted events in the global economy. Taleb started as a risk analyst at New York stock exchanges and ran his own hedge fund.
Antifragility is the ability to benefit from failures, become stronger when facing difficulties, and move forward even under high uncertainty. The term was coined by Nassim Nicholas Taleb in his best-selling book The Black Swan.
We’ve selected the most inspiring quotes from Antifragile:
ON ADVICE – “Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio.”
ON WEALTH – “The record shows that, for society, the richer we become, the harder it gets to live within our means. Abundance is harder for us to handle than scarcity.”
ON LOSERS – “Further, my characterization of a loser is someone who, after making a mistake, doesn’t introspect, doesn’t exploit it, feels embarrassed and defensive rather than enriched with a new piece of information, and tries to explain why he made the mistake rather than moving on. These types often consider themselves the “victims” of some large plot, a bad boss, or bad weather.”
ON TRIAL AND ERROR – “Further, the random element in trial and error is not quite random, if it is carried out rationally, using error as a source of information. If every trial provides you with information about what does not work, you start zooming in on a solution—so every attempt becomes more valuable, more like an expense than an error. And of course you make discoveries along the way.”
Due to the interactive format of the workshop and limited number of participants, everyone will be able to comment or ask the speaker any questions about his talk.
The event will take place at the Radisson Blu Iveria Hotel, one of Georgia’s best hotels located in the heart of the sunny Tbilisi.