Leverage Optionality - Deepstash
Leverage Optionality

Leverage Optionality

Keep options open rather than narrowing choices. Optionality and flexibility allow capturing unpredictable upside while containing downside risk.

Specialization and overoptimization reduce options and increases fragility.

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cwood

Award-winning organizer.

Antifragile: Things that Gain from Disorder is authored by Nassim Nicholas Taleb. The book argues that certain systems, entities, and processes can benefit from shocks, volatility, and uncertainty, and become stronger and more adaptable as a result. Taleb introduces the concept of "antifragility" to describe this property and contrasts it with fragility and robustness.

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When constructing alternative options, you may find that you will gather more possibilities than you perhaps thought of in the beginning. To assist our minds, we need practical methods and information-handling tools to keep track. This will reduce the risk to jump to conclusions....

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