The concepts in this book go against what is taught from positive psychology and Cognitive Behavior Therapy because negative thoughts of loss have 4 times the psychological effect of the positive thought of an upside gain. You need to minimize the negative thought of loss by using math like multiplying the probability against the loss amount to be rational about economic decisions. Eustress does not help and actually can lead to breakdown or burnout if you add stress like lifting weights when your body is already over exerted according to Dr. Heidi Hanna where you don't have any rest and recovery. Overcompensating can likewise lead to burnout if you are already putting in a maximum amount of effort. (You may need a better strategy or cut out other drains to give more time to overcompensating.) Taleb is a talented risk engineer but this does not work for most people and the way their minds work. Stick to "Resilience" by authors like Donald Robertson which is much more accepted and studied by the psychological community.
Antifragility has its own domain. There are (and talev is clear) areas in which you can be antifragile, and areas where you cannot. There are areas where you can be fragile,but your population, thanks to your fragility, can be antifragile. Taleb does a philosophy work here, more than an engineering one.
@@rhodigian Thanks for the additional insights. The specific context of investing seems to be the domain where antifragility is appropriate. For people dealing with trauma, this "philosophy" could cause serious harm to the mental health of people under severe stress. Given the stress of the current pandemic, I think Taleb's work could do more harm than good for most people under these circumstances and a warning label was appropriate for the public good. That is my only purpose of my comment.
@@Nowhere888 i dare to dissent. In an antifragile system, it is tolerated that people and enterprises die. You accept some damage, because it is part of the game. You cannot be resilient to everything, but you can take a hit, and grow stronger, or perish allowing your system to grow stronger. (unless the hit kills all humanity)
Got about halfway through the video when I too started questioning these principles. Appreciate your summary - very much agree that Taleb's principles in this book are shaky at best.
@@Nowhere888 A quick thought on your comment. I think they align quite well with both positive psychology and CBT. Both of which equip you with tools that help you overcome (not be a slave to) mental or emotional challenges. Which occur as a result of an introduction of unexpected choas, volatility, randomness, uncertainty ect. Its the intelligent use of these mental tools, that makes you Antifragile to the challenges you face. They allow you to donesticate your emotions, remove your dependence on the situation and when used well, they present you with options. Being Antifragile is all about optionallity. Its about positioning ourselves in a place of being the creator of the options, where you have more to gain than to lose and then having the agency to choose (or not) the best option. The more you use the tools the better you get at facing and overcoming unexpected challenges. Therefore each challenge presents its self as an opportunity for continued mastery, making you as the title and subtitle suggest "Antifragile...Things That Gain from Disorder" These are the openings sentences of awesome book "Wind extinguishes a candle and energizes fire. Likewise with randomness, uncertainty, chaos: you want to use them, not hide from them. You want to be the fire and wish for the wind. This summarizes this author’s nonmeek attitude to randomness and uncertainty." Here is you us bekngthe fire and wishing for the wind! Would love your hear your thoughts as I am trying to grow and obtain a better understanding of the idea. Thanks
I could have used this book a few years ago. I moved states away from my family and friends to support my wife's career. She had an affair, divorced me, and took the kids away from me half of the time. I had no family or friends nearby for support. My dad became terminally ill states away while I was going through the divorce. I tried to go back to see him and help out as much as I could. He died. With all of this going on, I couldn't focus at work and my performance declined. I lost my job. I had no resiliency at the time. Going through stuff like that can toughen you up. I've thrived during this pandemic. I believe going through what I did a few years ago strengthened me for what we experienced this past year.
After watching only a couple of your vids I had to subscribe. It is different from thousands of other similar channels mainly because of the selection of books you have picked and the way you break it down (you really understand the main concepts). Simple yet effective. I am currently reading this book so this is why I found this video. You really shed some light on the concepts and applications of antifragility which will make my reading a lot easier and efficient. Thanks for the great work.
What an incredible discovery at you channel. ¡You are fantastic! ¡Outstanding! ¡Algo nunca visto! Resúmenes inteligentes y bellos de una página: fabuloso
Every time I came back to your videos I feel the same, It is a perfect investment of time to see your videos. Thank you for your hard work to make it easy for us.
So this is refreshing to hear. Since my thinking is already established with this mindset. The added information is greatly appreciated. Thanks for sharing. :)
You'll realize how far you are in your journey, but you'll soon realize you can go even further and achieve greater challenges. Keep going my friend. 💥💥
Point number 1 is a stoic concept mentioned in "Meditations" by Marcus Aurelius, another book, productivity game wrote a summart on. As always, great summary!
@@mountainman6172 Bitcoin will be worth $1 trillion again pretty soon. Many people thought the internet was a fad. They were wrong too. Metal bugs love to talk about "intrinsic value." Metal is better used for electronics than sitting in a vault. Good luck.
Thank you very very much for this... Amazing about the journey we find the missing links by knowing success tracker leaves clues...this is not my zoo helps me to know I left the herd decades ago...
Seek Eustress = good stress. Overcompensation: If I miss a chess tactic in a blitz game, I can go on lichess and do lots of chess puzzles, then play another game.
So negative visualisation and eustress-agree (stoic ideas) Overcompensating doesn’t seem to work for stress as weight lifting does for a muscle. If you can handle “20 units” of stress and you take on 20 units... after some time you might feel you can handle 25... and most people do. Then you have all the ‘lovely’ side effects of chronic stress related diseases. The last advise should be - know how many “units of stress” you can handle and take on less, no matter how ready you feel to take on more. So when a gust of wind does come, it pushes you up the bell curve of arousal- to your optimal arousal level, not overboard.
Hi~ I really love your channel and thank you so much for your hard work. I did subscribe to get email long time ago but somehow I couldn’t get the summary automatically. Always need to signup again.
Seems like it could be useful, but it's not for me. I already have such severe anxiety, fear of losing everything, and lack of confidence that I don't need any help with. My mind will race, replaying the worse scenarios it can think of on loop. I've been working on overcoming this, and don't need to feed it. I also fundamentally disagree, and find positivity leads to confidence and action, and confident action leads to results and commitment, and committing to a result leads to success. If thinking of the worse case scenario helped, I'd be rich right now. Instead, I freeze up until I can get my mind off it. So bad I can't sleep without overly-distracting myself with positive story writing, because the anxiety of not being able to sleep, dying in my sleep, etc. will keep me up all night. I'm sure this can help some people. And this is the first video of yours I didn't like. (I still hit the like button) I hope whoever needs this gets it, and that it will be as lifechanging as many of your other videos are for me.
Just Wow.... I take a long time reading a book (around 2 months as I read a few pages daily) and next I am picking up this book. Rather your summaries help me fill up next books to read.... Thank you so much :)
Surely integration of these lessons is important. The examples from overcompensate are odd. What is the downside from a few typos that require such a response? How is playing a game ever "critical".
I like Practice # 2 and 3 however still a bit skeptical about #1. It is good to be prepared for uncertainties but thinking about them everyday might end-up making you a negative/ pessimistic person. i love the summary though. Thanks.
Memento Mori is a very common practice in Stoic philosophy, you should look into it. There are benefits to constantly reminding yourself of your mortality.
His step #1 is the same as the Stoic practice of Premeditatio Malorum. I've found it actually does work, and works well. It is not that I dwell on negative things, but more prepare for what could happen, and it actually causes a lifting in my mood. It is more like "Ok world, bring it on!". I get a flat tire on my way to work? Bring it on! I slip and break my ankle? Bring it on! The point is that outside things are going to happen, but only I can control how I react and feel about them. This is not "I'm a failure, I always fail, nothing ever goes right for me, why even get up if my day is going to be terrible?"
I totally agree, while I respect and like the stoic idea mentioned in #1, I can only get myself to do it when doing risk management and planning, yet never for my days!
The problem with this video if yu have replaced mental stress, for example stress at work or in finance with physical stress and talk about interval training. The author of the book is not saying exercise stress will help you handle mental stress, they are saying small amounts of mental stress relating to your work / career, aka eustress will make you more resilient to stress. Talk about exercise her is a mistake. Everyone knows that physical exercise is good for handling stress levels, but this is not a book about physical exercise. The author is suggesting taking on mental stress relating to your work.
I ACTUALLY read the Antifragile, and I think this video missed the point. It's not about some self-resiliency or motivational or self-development stuff. it's more about the strategy and the setup to get imbalance gain and loss. I feel like this video totally missed the point and try to steer towards self-development.
I have no idea what OP is on about because Nassim was talking mainly about systems not people. It is not a self help concept, rather a way for people who build political, financial and economic systems to think. A system that gains and learns from shocks (example a free market) is suited for human flourishing compared to one that does not.
Just saying this to stimulate thought- something tells me you guys have never chosen that path. Working so much that you don’t have any work life balance
@@gains5732 no work life balance at all. Life is mostly work and no passion in all jobs. A type of slavery and zombie apocalypse at the same time. That’s why I chose a dream, not a career. Why would anyone want to pick just one thing to do for the rest of their lives? Seems extremely limiting in my opinion. Doing whatever suits you at the time it suits you is a much more educating experience. Everything we’ve been taught is fundamentally wrong. All we should be taught is how to find ourselves within ourselves. The future is hopeful and bright. I can see years past what most see and it’s breathtaking. Not because I am gifted, but because we all are. Creativity is the key because then we do what we were meant to do here...create. God Bless. ❤️🌈✨🚀🦋
Bro how can I thank you in appreciation for your great work & value you are bringing to me. Do you have a subscription channel? Pls keep up this mission of making us better human beings & God bless for your work.
“You can’t go back and change the beginning, but you can start where you are and change the ending.”
*―C. S. Lewis*
Louis C.K.
That was the smoothest Grammarly ad I’ve ever seen. Great video 👍
Is it an ad?
@@TheSh_dow Nope. Not affiliated with Grammarly, just thought it would be helpful if I was specific :).
hahaha even if it wasn't intentional it was pretty well placed
@@ProductivityGame can you do the book expert secrets that would be awesome
LOLLLLLLLLLLL
*"Pain of regret is so much worse than pain of discipline."*
Well said
It is just like in meditation: once you reached a certain level of progress, everything people normally regard as a hindrance becomes fuel for you
After this video, I read the book and found your explanation is the best summary I've found
The concepts in this book go against what is taught from positive psychology and Cognitive Behavior Therapy because negative thoughts of loss have 4 times the psychological effect of the positive thought of an upside gain. You need to minimize the negative thought of loss by using math like multiplying the probability against the loss amount to be rational about economic decisions. Eustress does not help and actually can lead to breakdown or burnout if you add stress like lifting weights when your body is already over exerted according to Dr. Heidi Hanna where you don't have any rest and recovery. Overcompensating can likewise lead to burnout if you are already putting in a maximum amount of effort. (You may need a better strategy or cut out other drains to give more time to overcompensating.) Taleb is a talented risk engineer but this does not work for most people and the way their minds work. Stick to "Resilience" by authors like Donald Robertson which is much more accepted and studied by the psychological community.
Antifragility has its own domain.
There are (and talev is clear) areas in which you can be antifragile, and areas where you cannot.
There are areas where you can be fragile,but your population, thanks to your fragility, can be antifragile.
Taleb does a philosophy work here, more than an engineering one.
@@rhodigian Thanks for the additional insights. The specific context of investing seems to be the domain where antifragility is appropriate. For people dealing with trauma, this "philosophy" could cause serious harm to the mental health of people under severe stress. Given the stress of the current pandemic, I think Taleb's work could do more harm than good for most people under these circumstances and a warning label was appropriate for the public good. That is my only purpose of my comment.
@@Nowhere888 i dare to dissent.
In an antifragile system, it is tolerated that people and enterprises die.
You accept some damage, because it is part of the game. You cannot be resilient to everything, but you can take a hit, and grow stronger, or perish allowing your system to grow stronger. (unless the hit kills all humanity)
Got about halfway through the video when I too started questioning these principles. Appreciate your summary - very much agree that Taleb's principles in this book are shaky at best.
@@Nowhere888 A quick thought on your comment. I think they align quite well with both positive psychology and CBT. Both of which equip you with tools that help you overcome (not be a slave to) mental or emotional challenges. Which occur as a result of an introduction of unexpected choas, volatility, randomness, uncertainty ect.
Its the intelligent use of these mental tools, that makes you Antifragile to the challenges you face. They allow you to donesticate your emotions, remove your dependence on the situation and when used well, they present you with options.
Being Antifragile is all about optionallity. Its about positioning ourselves in a place of being the creator of the options, where you have more to gain than to lose and then having the agency to choose (or not) the best option.
The more you use the tools the better you get at facing and overcoming unexpected challenges. Therefore each challenge presents its self as an opportunity for continued mastery, making you as the title and subtitle suggest "Antifragile...Things That Gain from Disorder"
These are the openings sentences of awesome book "Wind extinguishes a candle and energizes fire. Likewise with randomness, uncertainty, chaos: you want to use them, not hide from them. You want to be the fire and wish for the wind. This summarizes this author’s nonmeek attitude to randomness and uncertainty."
Here is you us bekngthe fire and wishing for the wind! Would love your hear your thoughts as I am trying to grow and obtain a better understanding of the idea. Thanks
I could have used this book a few years ago. I moved states away from my family and friends to support my wife's career. She had an affair, divorced me, and took the kids away from me half of the time. I had no family or friends nearby for support. My dad became terminally ill states away while I was going through the divorce. I tried to go back to see him and help out as much as I could. He died. With all of this going on, I couldn't focus at work and my performance declined. I lost my job.
I had no resiliency at the time. Going through stuff like that can toughen you up. I've thrived during this pandemic. I believe going through what I did a few years ago strengthened me for what we experienced this past year.
Thanks for sharing, whatever does not kill you makes you stronger.
Been there, done that brother. We should get t-shirts for the hell we've been through.
I like how you are adding your personal habits
I recommended this Book of Magic to my old Buddy Putin - now is hyper Anti Fragile. No matter what he does - he is unbreakable. Works!
"We can all learn to develop a hydra mentality" Hail Hydra
In the stock market I use this thought process to become a better investor.
Good video.
After watching only a couple of your vids I had to subscribe. It is different from thousands of other similar channels mainly because of the selection of books you have picked and the way you break it down (you really understand the main concepts). Simple yet effective. I am currently reading this book so this is why I found this video. You really shed some light on the concepts and applications of antifragility which will make my reading a lot easier and efficient. Thanks for the great work.
Thanks for the summary of this book, i couldn't understand watching many other videos on this book.
What an incredible discovery at you channel. ¡You are fantastic! ¡Outstanding! ¡Algo nunca visto! Resúmenes inteligentes y bellos de una página: fabuloso
Every time I came back to your videos I feel the same, It is a perfect investment of time to see your videos. Thank you for your hard work to make it easy for us.
Thanks. Make a note to Chris {+1~7~6~2~2~4~6~2~1~3~1}
W~H~A~T~S~A~P~P
Regarding making millions in bitcoin
The best time to invest is now
So this is refreshing to hear. Since my thinking is already established with this mindset. The added information is greatly appreciated. Thanks for sharing. :)
appreciate your work in putting this together .... Great work!
You'll realize how far you are in your journey, but you'll soon realize you can go even further and achieve greater challenges.
Keep going my friend. 💥💥
Really needed this type of wisdom today. Thanks for a great summary!
This book is Genius
This is a good subject to explain!
Excellent channel 👍
I really like your summaries. Thanks and keep up the good work!
Always the best! Thanks Nathan!
Thank you for this channel!
hi i watched through the ads to support you. thank you for all your videos!
Point number 1 is a stoic concept mentioned in "Meditations" by Marcus Aurelius, another book, productivity game wrote a summart on. As always, great summary!
Excellent summary thank you. Book on order.
I appreciate your summary works!
Lean into it ... eustress.... mental clarity.....
Antifragile people came out of 2020 far ahead of the rest.
Such an great book and video. Thank you!
Funny to watch Taleb go after Bitcoiners over the last couple of weeks. He seemed very fragile himself. :-)
Thank you for the added information because it confirmed my thinking. I thought Taleb was pushing bull and you called him on it. Thank you.
A money grabbing fad that's zero intrinsic that can plummet by a single tweet. Well done to him for calling these grafters and scammers out!
@@mountainman6172 Bitcoin will be worth $1 trillion again pretty soon. Many people thought the internet was a fad. They were wrong too. Metal bugs love to talk about "intrinsic value." Metal is better used for electronics than sitting in a vault. Good luck.
Powerful as always! Thank you.
Are you a Jedi with your mind tricks. I like your strange words magic man
I love this
Thank you very very much for this...
Amazing about the journey we find the missing links by knowing success tracker leaves clues...this is not my zoo helps me to know I left the herd decades ago...
Great video, thanks 🙏🏻
Really helpful to consider resilience as a stepping stone towards anti-fragility. Keep up the great content!
You’re welcome once again I guess you’re here to start up an investment
{+1~7~6~2~2~4~6~2~1~3~1}
W~H~A~T~S~A~P~P
an-tee v an-tye: the standard, everyday pronunciation is "an-tee." Save "an-tye" for those times one needs to emphasize "anti."
Seek Eustress = good stress.
Overcompensation: If I miss a chess tactic in a blitz game, I can go on lichess and do lots of chess puzzles, then play another game.
A great summary! Thanks a lot for your work!
So negative visualisation and eustress-agree (stoic ideas)
Overcompensating doesn’t seem to work for stress as weight lifting does for a muscle. If you can handle “20 units” of stress and you take on 20 units... after some time you might feel you can handle 25... and most people do. Then you have all the ‘lovely’ side effects of chronic stress related diseases.
The last advise should be - know how many “units of stress” you can handle and take on less, no matter how ready you feel to take on more. So when a gust of wind does come, it pushes you up the bell curve of arousal- to your optimal arousal level, not overboard.
How do you do your video , can i know the software?
Thank you. Great job!
Hi, I love your videos! What software do you use to make them?
Hi~ I really love your channel and thank you so much for your hard work. I did subscribe to get email long time ago but somehow I couldn’t get the summary automatically. Always need to signup again.
Woooohhh!!! So excited to buy the hardcopy of this!!! -super thank you!!!:-)
Excellent summary
Great work .. Liked & Subscribed
Negative visualisation is Marcus Aurelius' morning practice
Seems like it could be useful, but it's not for me. I already have such severe anxiety, fear of losing everything, and lack of confidence that I don't need any help with. My mind will race, replaying the worse scenarios it can think of on loop. I've been working on overcoming this, and don't need to feed it. I also fundamentally disagree, and find positivity leads to confidence and action, and confident action leads to results and commitment, and committing to a result leads to success. If thinking of the worse case scenario helped, I'd be rich right now. Instead, I freeze up until I can get my mind off it. So bad I can't sleep without overly-distracting myself with positive story writing, because the anxiety of not being able to sleep, dying in my sleep, etc. will keep me up all night.
I'm sure this can help some people. And this is the first video of yours I didn't like. (I still hit the like button) I hope whoever needs this gets it, and that it will be as lifechanging as many of your other videos are for me.
I concur with your opinion.
Great video!
Just Wow.... I take a long time reading a book (around 2 months as I read a few pages daily) and next I am picking up this book.
Rather your summaries help me fill up next books to read....
Thank you so much :)
What program do you create your videos through? Simple but so effective!
Very good summary
at 3:59
actually making more desire worked for me
Make a note to Chris {+1~7~6~2~2~4~6~2~1~3~1}
W~H~A~T~S~A~P~P
Regarding making millions in bitcoin
The best time to invest is now
I'll will take the one page summary
Love it, thank you
Great book
Thank you Sir
awesome, thank you
Surely integration of these lessons is important. The examples from overcompensate are odd. What is the downside from a few typos that require such a response? How is playing a game ever "critical".
great video as always!!!
Regarding making millions in bitcoin
The best time to invest is now
Make a note to Chris {+1~7~6~2~2~4~6~2~1~3~1}
I like Practice # 2 and 3 however still a bit skeptical about #1. It is good to be prepared for uncertainties but thinking about them everyday might end-up making you a negative/ pessimistic person. i love the summary though. Thanks.
Memento Mori is a very common practice in Stoic philosophy, you should look into it. There are benefits to constantly reminding yourself of your mortality.
His step #1 is the same as the Stoic practice of Premeditatio Malorum. I've found it actually does work, and works well. It is not that I dwell on negative things, but more prepare for what could happen, and it actually causes a lifting in my mood. It is more like "Ok world, bring it on!". I get a flat tire on my way to work? Bring it on! I slip and break my ankle? Bring it on! The point is that outside things are going to happen, but only I can control how I react and feel about them. This is not "I'm a failure, I always fail, nothing ever goes right for me, why even get up if my day is going to be terrible?"
I totally agree, while I respect and like the stoic idea mentioned in #1, I can only get myself to do it when doing risk management and planning, yet never for my days!
Is this WILs 2nd channel? Sounds like him
So this book is basically a rebranded stoic handbook?
Relentless:from good to great to relentless .....pls make it
Great video! What was the software you use to read back what you have written?
MS Word can do that.
Great job.... thank you!!!!
Make a not to Chris {+1~7~6~2~2~4~6~2~1~3~1}
w~H~A~T~S~A~P~P
Regarding making millions in bitcoin
The best time to invest is now
Thanks
👍🏻
What is your checklist for bias on ivestments, I'm Prem member
Make a note to Chris {+1~7~6~2~2~4~6~2~1~3~1}
W~H~A~T~S~A~P~P
Regarding making millions in bitcoin
The best time to invest is now
thank you very much!!! :)
You’re welcome once again I guess you’re here to start up an investment
{+1~7~6~2~2~4~6~2~1~3~1}
W~H~A~T~S~A~P~P
💯💯💯💯💯💯💯💯🧿🧿🧿🧿
Why just imagine a downside ? Life will offer up plenty of real downsides just about everyday.
Make a note to Chris
{+1~7~6~2~2~4~6~2~1~3~1}
W~H~A~T~S~A~P~P
Regarding making millions in bitcoin
The best time to invest is now
👌🏽
Hail Hydra!
no, Antifragile by Lesserafim
& also the hydra
any chance to get a list of your top 5 books that you have read recently or in the past year>?
The problem with this video if yu have replaced mental stress, for example stress at work or in finance with physical stress and talk about interval training. The author of the book is not saying exercise stress will help you handle mental stress, they are saying small amounts of mental stress relating to your work / career, aka eustress will make you more resilient to stress. Talk about exercise her is a mistake. Everyone knows that physical exercise is good for handling stress levels, but this is not a book about physical exercise. The author is suggesting taking on mental stress relating to your work.
I ACTUALLY read the Antifragile, and I think this video missed the point. It's not about some self-resiliency or motivational or self-development stuff. it's more about the strategy and the setup to get imbalance gain and loss. I feel like this video totally missed the point and try to steer towards self-development.
Why do I feel like most of these books are basically trying to convince you that
"WhAt iF bAd ThInG wAs AcTuAlLy GoOd ThInG?"
I have no idea what OP is on about because Nassim was talking mainly about systems not people.
It is not a self help concept, rather a way for people who build political, financial and economic systems to think. A system that gains and learns from shocks (example a free market) is suited for human flourishing compared to one that does not.
Thanks buddy. I look forward to read this book.
#1 negative visualization from stoicism
But is someone anti fragile happy????
They are taking the hard ride but does that make them happy?
Heck ya they are happy...prob the happiest of all.
Just saying this to stimulate thought- something tells me you guys have never chosen that path. Working so much that you don’t have any work life balance
@@gains5732 no work life balance at all. Life is mostly work and no passion in all jobs. A type of slavery and zombie apocalypse at the same time. That’s why I chose a dream, not a career. Why would anyone want to pick just one thing to do for the rest of their lives? Seems extremely limiting in my opinion. Doing whatever suits you at the time it suits you is a much more educating experience. Everything we’ve been taught is fundamentally wrong. All we should be taught is how to find ourselves within ourselves. The future is hopeful and bright. I can see years past what most see and it’s breathtaking. Not because I am gifted, but because we all are. Creativity is the key because then we do what we were meant to do here...create. God Bless. ❤️🌈✨🚀🦋
@@laurenthomas9574 thanks for the reply. what is your dream that you do?
Bro how can I thank you in appreciation for your great work & value you are bringing to me.
Do you have a subscription channel? Pls keep up this mission of making us better human beings & God bless for your work.
Stoicism, repackaged.
{+1~7~6~2~2~4~6~2~1~3~1}
W~H~A~T~S~A~P~P
Regarding making millions in bitcoin
Great video, stupid idea.
Hail Hydra!