This is one of those books where people will either love it or hate it. [it amuses me to think his book reviews approach the barbell strategy he speaks of] but it seems he DID predict the financial crisis of 2008, and for that, alone, perhaps we shouThis is one of those books where people will either love it or hate it. [it amuses me to think his book reviews approach the barbell strategy he speaks of] but it seems he DID predict the financial crisis of 2008, and for that, alone, perhaps we should listen to him?
It is more worrying that he repeatedly says nothing has changed with banks since the GFC. It will happen again.
Personally I have already added the title to my wishlist; I was reading a library ebook.
I found myself reading out parts continuously to my family. If I pasted in all the parts I highlit, half the book would be in here. I like people who think differently. And boy, does he!?
He proposes that the Mediterranean Diet works, not because of the food eaten, but because of the regular fasting serious Christians do for feast and saint days. This dates from 2012, and now fasting and the 5:2 diet is gaining scientific approval. You can't look at things in isolation.
The Romans didn't do high level math? I guess not. Have you seen Roman numerals? But they built amazing engineering feats - how did they engineer shade sails to slide down over the colosseum? how did they flood it and run a mock naval battle? And now I get why we don't know how they did it. They didn't write it down. The same as cathedral builders just built them; bit by bit, improving on what worked.
Bridge builders and their families used to be forced to live UNDER the bridge they constructed. You bet that bridge won't fall down.
Academics record things, they don't invent them. And especially when they rely on funding from private companies for their work; their work then, expressly or impliedly, produces the results those private companies want.
Politicians should NOT be able to get jobs with companies that lobbied them during their term.
One evil leader can do more damage... sighs in 2021.
He laughs at the rich man who pays someone to carry his bags into the hotel and then lifts weights in the gym later. He thinks 'soccer mums' are destroying their children.
He gives the example of an antifragile income being a cab driver vs his brother the accountant. One has flexibility, the other literally has all their eggs in one basket. [This is something self pub authors are discovering if they go wide and do not stick all their book eggs in the Amazon basket].
One thing that does make me blink; he argues the Pareto principle - you know the 80:20 rule? Taleb says it is moving. And it is now more like 99:1.