Lunch and General Session #3: Antifragile: Things That Gain From Disorder

Date: 
Monday, April 29, 2013 - 12:45pm to 2:15pm
Speakers: 
Session type: 

Professor Taleb became famous promoting his concept of the black swan and how it can upset even the most-sophisticated investment strategies. In his most recent publications, he has explored how to deal with black swans. In this session, he will discuss how to identify things, companies, and strategies that gain from volatility, variability, stress, and disorder. His term for this crucial quality is "antifragile." The only existing expression remotely close to the concept of antifragility is what derivatives traders call "long gamma," to describe financial packages that benefit from market volatility. Crucially, both fragility and antifragility are measurable. Learn more from one the most intriguing thinkers in the investment world today.