Episode 50: [Toolbox] Gaining from Financial Chaos and Disorder

In this episode, we ask: What is the opposite word for fragile? Have you read the book Antifragile by Nassim Taleb? What is fragile? What is robust? What is antifragile? What happens when harm is involved? Is there more upside or downside? Do we learn from our mistakes? How does this apply to the financial system?...

In this episode, we ask:

What is the opposite word for fragile?
Have you read the book Antifragile by Nassim Taleb?
What is fragile?
What is robust?
What is antifragile?
What happens when harm is involved?
Is there more upside or downside?
Do we learn from our mistakes?
How does this apply to the financial system?
Is our system fragile?
Are we more stable / robust?
Are we antifragile?
What is hormesis? 
What are some examples of healthy hormesis?
How can you increase your upside and decrease the downside?
How can you lower your exposure to the negative?
How can small shocks affect you?
How do big shocks affect you?
How does weightlifting make you antifragile?
Do you know the concept in mythology of Hydra?
What’s the difference between a starfish and spider?
What about redundancy?
What is the barbell strategy?
What is a speculative investment?
Do you have a pile of cash to take advantage of opportunities as they arise?
How is the barbell strategy like the financial triangle?
What is touristification?
Why do we systematically try to remove randomness and uncertainty from our lives?
How is the rational person able to adjust things based on new information?
Do you take in new information, on the ground, as you go?
What was the strength of Steve Jobs?
Why did he ignore focus group data?
Do you know what you want?
Which is more robust as time goes on… the iPhone or the chair?
Which is more robust as time goes on… the old or the new?
Which is more robust as time goes on… printed books or the Kindle?
Which is more robust as time goes on… Wall Street or Life Insurance?
What is the truth behind the financial instruments where we keep our cash?
Do you ask “What’s wrong with this financial instrument?”
What are some antifragile lifestyle choices?
What does this have to do with money?
How can you make your financial system more antifragile?
What question should you ask your stock broker?
What can we do differently?
Do you have the option to take chances?
How can you lower your downside in your financial structures?
How can you raise your upside in your financial structures?