Incerto 4-Book Bundle: Fooled by Randomness, The Black Swan, The Bed of Procrustes, Antifragile

by Nassim Nicholas Taleb

others who have since embarked on the line of research,

acceptance of harm done

numbers in Vladivostok. Assume further that for what you are

developed theories around the notion of “risk (or loss) aversion,” the ancients remain deeper, more practical, while transcending vulgar therapy. Let me rephrase it in modern terms. Take the situation in which you have a lot to lose and little to gain. If an additional quantity of wealth, say, a thousand Phoenician shekels, would not benefit you, but you would feel great harm from the loss of an

option blindness).