Showing posts from March, 2017

Technology, antifragile businesses, and workflow

I have been enjoying Nassim Taleb's book 'Antifragile' in which I have learned (or better understood) how difficult to impossible it is to predict the future, especially events with a low probability. Taleb does convince that it is possible and desirable to rate personal habits, health issues, business, governments, etc. as to how fragile <--> robust <--> antifragile they are. Robust is good, antifragile is even better. It is fragile, for example, to depend on the salary from one company to support your family while investing heavily in that company's stock. It is more robust having a side business to earn extra money and to broadly distribute long term investments. It is antifragile to own multiple businesses. Taleb argues, and I agree, that it is better to earn less but have safer more distributed income streams. Personally, I have three businesses: software development consulting, writing books, and I am a landlord for income properties. I am in the pro