The “Black Swan” hit the tipping point with the financial world and it appears to me that most investors and traders are aware of the concept. A Black Swan is a rare event with significant consequences and it is unpredictable. Nassim Taleb is the author of The Black Swan and Fooled by Randomness. While the Black Swan is understood by most, Taleb did not offer a solution for such events and readers were left with a “so what” situation – How should one position for the Black Swan? Antifragile is a continuation of this discussion and he seeks to explain how one can benefit from a Black Swan event. In the prologue, Taleb mentioned Antifragile is his magnum opus (greatest work). It culminates the ideas from all his books (including two other less known works – Dynamic Hedging and The Bed of Procrustes) and experiences as a pit trader ...