Quotes About Fragility

the ones we study and discuss and try to predict from reading the newspapers, have become increasingly inconsequential.

Black Swan effects are necessarily increasing, as a result of complexity, interdependence between parts, globalization, and the beastly thing called "efficiency" that makes people now sail too close to the wind.

it took seven years to make John a hero and just seven days to make him a failure.

Most of the tension in life will take place when the one who reduces and fragilizes (say the policy maker) invokes rationality.

Lo único que digo aquí es que no debemos estar ciegos a la antifragilidad natural de los sistemas ni a su capacidad para cuidarse solos, y que debemos reprimir la tendencia a dañarlos y fragilizarlos negándoles la ocasión de hacerlo.

I will only very briefly discuss the crisis of 2008 (which took place after the publication of the book, and which was a lot of things, but not a Black Swan, only the result of fragility in systems built upon ignorance—and denial—of the notion of Black Swan events. You know with near certainty that a plane flown by an incompetent pilot will eventually crash).

One of life's machinations is to make some people both rich and unhappy, that is, jointly fragile and deprived of hope.

So the antifragile can lose for a long time with impunity, so long as he happens to be right once; for the fragile, a single loss can be terminal.

fragility—which had been lacking a technical definition—could be expressed as what does not like volatility, and that what does not like volatility does not like randomness, uncertainty, disorder

It is the system and its fragility, not events, that must be studied

To Nero, a system built on illusions of understanding probability is bound to collapse.

By betting against fragility, they were antifragile.

Modernity has replaced ethics with legalese, and the law can be gamed with a good lawyer. So I will expose the transfer of fragility, or rather the theft of antifragility, by people "arbitraging" the system. These people will be named by name. Poets and painters are free, liberi poetae et pictores, and there are severe moral imperatives that come with such freedom. First ethical rule: If you see fraud and do not say fraud, you are a fraud.

they remained fragile to the emotional toll from the compliments they did not get

but because most unseasoned ideas are fragile.

We have been fragilizing the economy, our health, political life, education, almost everything Ã¢â'¬Â¦ by suppressing randomness and volatility. Just as spending a month in bed (preferably with an unabridged version of War and Peace and access to The Sopranos' entire eighty-six episodes) leads to muscle atrophy, complex systems are weakened, even killed, when deprived of stressors.

Someone who predicts will be fragile to prediction errors.

We have always been crazy but weren't skilled enough to destroy the world. Now we can.

Some become antifragile at the expense of others by getting the upside (or gains) from volatility, variations, and disorder and exposing others to the downside risks of losses or harm. And such antifragility-at-the-cost-of-fragility-of-others is hidden

In the long run everything with the most minute vulnerability breaks, given the ruthlessness of time.

One of the most misunderstood aspects of a Gaussian is its fragility and vulnerability in the estimation of tail events. The odds of a 4 sigma move are twice that of a 4.15 sigma. The odds of a 20 sigma are a trillion times higher than those of a 21 sigma! It means that a small measurement error of the sigma will lead to a massive underestimation of the probability. We can be a trillion times wrong about some events.

The hidden harm of fragility is that you need to be much, much better than random in your prediction and knowing where you are going, just to offset the negative effect.

exposed to a major blowup without being aware of it

O tempo é o melhor teste de fragilidade — abrange volumosas doses de desordem