Developed by Nassim Nicholas Taleb (Antifragile, 2012).
Classifies a system or position as harmed, unaffected, or improved by shocks, and points to exposures with limited downside and open upside.
When to reach for it
When a plan, supply chain, portfolio, or career looks fine on average but nobody has asked what a large shock would do to it.
How it runs
- Name the system or position under review.
- Map its downside and its upside if shocks hit.
- Classify it as fragile, robust, or antifragile.
- Remove exposures with capped upside and open-ended downside.
- Add exposures with small losses and large possible gains.
- Let small stresses strengthen the parts that can adapt.
Where it sits in SOLVE eX
Go to the source
- Antifragile: Things That Gain from Disorder, 2012