Nassim Nicholas Taleb: Giving Heuristics the Finger

I finished Nassim Nicholas Taleb's new book Antifragile, and while I can't say it was fun and delightful, like a Malcolm Gladwell, I will say that it is a book you must read -- while Taleb is no great stylist, his thinking is logical, powerful, anti-establishment, anti-intellectual and apolitical -- which is refreshing; while this book frequents some of the same financial territory as The Black Swan, Taleb also ranges far, wide, and crazy with his thesis about systems that gain from volatility versus systems that are fragile, systems that fall apart in volatile times; I love what he has to say about books and technology . . . he explains that probabilistically, they age in an opposite fashion from humans: when you see an old human, you infer that he will probably live less time than a young human, but you should think in the reverse in regards to technology and books -- the longer the item has been around, the longer it probably will be around . . . we are stuck with cars and bicycles and cups and chairs for a long time, and the same with Shakespeare and Homer and Herodotus (Taleb tries only to read books that have been around for a long long time, and he claims only to drink things that have thousands of years of trials: coffee, tea, wine and water . . . he is a wacky guy) and what his philosophy ultimately comes down to is that you can only trust opinions from people with "skin in the game" and so he hates managers and governments and large institutions and pundits (especially Thomas Friedman, who he claims helped encourage the U.S. to invade Iraq, though he himself wouldn't be put in any danger if this happened) and pretty much anyone who doesn't have their own money on the line each and every day . . . he's brash, obnoxious, smart, frustrating, and also offers some diet and weight-lifting tips along with the finance and philosophy.

Nassim Nicholas Taleb and Some Restaurants You Should Frequent, Dammit

I'm not going to offer a full review of trader and quantitative analyst turned philosopher and power-lifter Nassim Nicholas Taleb's new book Antifragile: Things That Gain From Disorder, other than to say that it is evocative, provocative, bold, brash, learned, and contemptuous -- and if you are at all involved in finance, then you have probably read -- or at least know about -- his previous book, The Black Swan: The Impact of the Highly Improbable . . . which explains not so much how financial collapses happen, but how to prepare and even profit from them (as Taleb did with his hedge funds) but I'm using his ideas for more selfish reasons; he often uses the restaurant business to flesh out his "anti-fragile" metaphor, as "restaurants are fragile; they compete with each other, but the collective of local restaurants is anti-fragile, for that reason . . . had restaurants been individually robust, hence immortal, then overall business would be either stagnant or weak," and you can see where this is going -- subsidies and intervention will actually destroy the health of a working system . . . and while logical folks know that opening a restaurant is risky business (though not as risky as urban legend has it) we love the fact that people keep trying, and Taleb explains this in his typical hyperbolic fashion: "in order to progress, modern society should be treating ruined entrepreneurs in the same way we honor dead soldiers, perhaps not with as much honor, but using exactly the same logic" because this person has taken heroic risk that is beneficial to others . . . but BEFORE this happens, please patronize the following restaurants, because they are inexpensive, awesome, and BYOB . . . I don't want them to become fallen soldiers . . .

1) El Gallo Giro 2 . . . a Mexican joint on Route 1 in Edison, just past Open Road Honda . . . they have awesome mole sauce and you can get enchiladas with pork or chicken or chorizo smothered in the stuff, their burritos are ridiculously huge and their tacos and guacamole are fantastic as well, this is our replacement for Taqueria la Juquilita, which changed hands and isn't as good as it once was;

2) Cafe La Terrassa, in New Brunswick, which has a new menu and a new take-out menu . . . this place is amazing, but slightly off the beaten path and never as crowded as it should be, and I will be really pissed off if it doesn't make it, so I am relying on you to eat there (and these reviews are totally unsolicited, as I have received no food, drink, coupons, sexual favors, or preferential seating for my favorable opinions).