
Nassim Nicholas Taleb on Antifragility
EconTalk
00:00
Is Redundancy Really Necessary?
Amos: redundancy makes you robust. And eventually it is actually necessary, even to become antifoefor becoming antifragils. We have two longs and two kidneys. An economist as never designed a human being one to kidneysi wasteful tet wath ons,. So the opposite of er a sterpit would be that. nature doesn't like that. Nature likes redanaces. This mechanism of all reaction, this is redundancyand let me give you little hint here. Weld you take a trader or a mismanager at the bank, they look at the past for the worst cas sinaro - 22 % in the stock market. The human body doesn't do that.
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