Antifragile

Implementation Notes

• Aim to survive and thrive in uncertainty by viewing it as an opportunity for growth, not just a threat
• Develop antifragility by introducing elements into a system that strengthen it under stress, such as through small, controlled doses of stress
• Use the concept of «options» as a strategic tool to benefit from uncertainty, with the ability to limit losses while having open-ended potential for gains
• Apply the «Barbell» principle in investing and other life aspects: allocate resources between extremely safe and extremely risky assets, avoiding «middle» options
• Accelerate learning and adaptation through constant experimentation and stress testing, viewing mistakes and failures as valuable sources of information
• Build decentralized systems and structures capable of adapting and recovering from disruptions due to the autonomy of individual units
• Practice excessive foresight and risk avoidance in critical situations where potential losses could be irreversible
• Position yourself to maximize benefits from volatility, changes, and unexpected events
• Acknowledge the limits of knowledge and expect the unforeseen, actively preparing for events whose likelihood cannot be assessed in advance
• Create reserves and buffers to mitigate the negative effects of external shocks and uncertainty