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Arts Books Business Quotes

The Lindy Effect

Similar to the Zeigarnik Effect in resuming motivation, the Lindy Effect in economics explains the likeliness of durability. Lindy’s deli/restaurant, which the effect is named after, is celebrating nearly a century of existence since its Manhattan debut in 1921.

As the author Nassim Taleb describes it:

“If a book has been in print for forty years, I can expect it to be in print for another forty years. But, and that is the main difference, if it survives another decade, then it will be expected to be in print another fifty years . . . Every year that passes without extinction doubles the additional life expectancy.”

Writer Walter Isaacson recently alluded to the longevity of books in his chat on Leonardo Da Vinci, arguing that anything in print will always outlast a Tweet.

Hat tip to Ryan Holiday who’s new book Perennial Seller: The Art of Making and Marketing Work that Lasts examines the reasons why some art endures while others disappear. PS. No one will be listening to Taylor Swift nor caring about the Kardashians in fifty years.  

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The Narrative Fallacy: Why You Shouldn’t Copy Steve Jobs

We don’t need another Steve Jobs or Mark Zuckerberg.  We need the unique you. 

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Trial and error is freedom.

Nassim Nicholas Taleb
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Uncategorized

Anyone who likes meetings should be banned from attending meetings.

— Nicholas Nassim Taleb
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Books Quotes

Antifragile: A Definition

The antifragile loves randomness and uncertainty, which also means— crucially—a love of errors, a certain class of errors. Antifragility has a singular property of allowing us to deal with the unknown, to do things without understanding them— and do them well. Let me be more aggressive: we are largely better at doing than we are at thinking, thanks to antifragility. I’d rather be dumb and antifragile than extremely smart and fragile, any time.

Nassim Nicholas Taleb

Antifragiles think on their feet and excel in turning an apparent disadvantage into an opportunity. Antifragiles excel where most people complain and make excuses.

Make the best of it, and better of it.

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Life & Philosophy Quotes

Check your pulse

Photo by Andrew Neel

“The best way to verify that you are alive is by checking if you like variations.”

— Nassim Taleb, Antifragile: Things That Gain from Disorder

Categories
Life & Philosophy

Randomness, probability and uncertainty

antifragility: being in a position where the unexpected allows improvement, where the potential gains from a surprising event outweigh the potential losses.

Nassim Taleb’s book Antifragile: Things that Gain from Disorder asks us to be ready for the unpredictable and see it as opportunity in disguise.

It’s no surprise that when bad things happen to us, our physical, emotional, and spiritual strength evolves. We’re forced to reflect, become more appreciative of the fragility of life, and make improvements where we may have previously accepted mediocrity.

Those that refuse to evolve fall at the wayside and repeat history. The unpredictable provides a valuable lesson: be ready to take advantage of the moment to become something or someone new.

Chances are if you worked for everything before, you’re more likely to rebuild again. A broken bone returns stronger. It’s a Darwinian world, after all.