Antifragile Download Ebook PDF Epub Online

Author : Nassim Nicholas Taleb
Publisher : Random House Incorporated
Release : 2014
Page : 519
Category : Business & Economics
ISBN 13 : 0812979680
Description :


Shares insights into how adversity can bring out the best in individuals and communities, drawing on multiple disciplines to consider such topics as the superiority of city states over nation states and the drawbacks of debt.


Author : Nassim Nicholas Taleb
Publisher : Penguin Books Limited
Release : 2013
Page : 519
Category : Business & Economics
ISBN 13 : 9780141038223
Description :


In The Black SwanTaleb outlined a problem, and his revelatory new book Antifragileoffers a definitive solution- how to live in a world that is unpredicatable, chaotic, and full of shocks, and how to thrive during periods of disaster. Taleb stands uncertainty on its head, making it desirable, even necessary, and proposes that things be built in an antifragile manner. For what Taleb calls the 'antifragile' is beyond the merely robust; it benefits from shocks, uncertainty and stressors. The most successful of us, the most daring and creative will take advantage of disorder and invent new, more powerful opportunities and advantages beyond our expectations. 'Antifragility is the secret to success in a world full of uncertainty, a system for turning random mutations to lasting advantage . . . highly entertaining . . . . whether you find Mr Taleb amusing or irritating, you want to read on.' Economist'Taleb is a very funny writer with a finely tuned BS detector . . . Antifragility isn't just sound economic and political doctrine. It's also the key to a good life.' Fortune 'This is a bold, entertaining, clever book, richly crammed with insights, stories, fine phrases and intriguing asides . . . I will have to read it again. And again.' Matt Ridley, Wall Street Journal 'A new kind of strength . . . not invincible but better able to handle life's inevitable surprises . . . such a combination leaves open the possibility of big rewards while minimizing exposure to risk.' Los Angeles Times 'Taleb is an outsider in a business of outsiders, and if he is lobbing grenades at the power in the centre - well, that's the point.' Daily Telegraph


Author : Nassim Nicholas Taleb
Publisher : Random House
Release : 2010-11-30
Page : 176
Category : Business & Economics
ISBN 13 : 0679643680
Description :


The Bed of Procrustes is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the series are Fooled by Randomness, The Black Swan, Antifragile, and Skin in the Game. By the author of the modern classic The Black Swan, this collection of aphorisms and meditations expresses his major ideas in ways you least expect. The Bed of Procrustes takes its title from Greek mythology: the story of a man who made his visitors fit his bed to perfection by either stretching them or cutting their limbs. It represents Taleb’s view of modern civilization’s hubristic side effects—modifying humans to satisfy technology, blaming reality for not fitting economic models, inventing diseases to sell drugs, defining intelligence as what can be tested in a classroom, and convincing people that employment is not slavery. Playful and irreverent, these aphorisms will surprise you by exposing self-delusions you have been living with but never recognized. With a rare combination of pointed wit and potent wisdom, Taleb plows through human illusions, contrasting the classical values of courage, elegance, and erudition against the modern diseases of nerdiness, philistinism, and phoniness. “Taleb’s crystalline nuggets of thought stand alone like esoteric poems.”—Financial Times


Author : Nassim Nicholas Taleb
Publisher : Random House
Release : 2018-02-27
Page : 304
Category : Philosophy
ISBN 13 : 0425284638
Description :


#1 NEW YORK TIMES BESTSELLER • A bold work from the author of The Black Swan that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility In his most provocative and practical book yet, one of the foremost thinkers of our time redefines what it means to understand the world, succeed in a profession, contribute to a fair and just society, detect nonsense, and influence others. Citing examples ranging from Hammurabi to Seneca, Antaeus the Giant to Donald Trump, Nassim Nicholas Taleb shows how the willingness to accept one’s own risks is an essential attribute of heroes, saints, and flourishing people in all walks of life. As always both accessible and iconoclastic, Taleb challenges long-held beliefs about the values of those who spearhead military interventions, make financial investments, and propagate religious faiths. Among his insights: • For social justice, focus on symmetry and risk sharing. You cannot make profits and transfer the risks to others, as bankers and large corporations do. You cannot get rich without owning your own risk and paying for your own losses. Forcing skin in the game corrects this asymmetry better than thousands of laws and regulations. • Ethical rules aren’t universal. You’re part of a group larger than you, but it’s still smaller than humanity in general. • Minorities, not majorities, run the world. The world is not run by consensus but by stubborn minorities imposing their tastes and ethics on others. • You can be an intellectual yet still be an idiot. “Educated philistines” have been wrong on everything from Stalinism to Iraq to low-carb diets. • Beware of complicated solutions (that someone was paid to find). A simple barbell can build muscle better than expensive new machines. • True religion is commitment, not just faith. How much you believe in something is manifested only by what you’re willing to risk for it. The phrase “skin in the game” is one we have often heard but rarely stopped to truly dissect. It is the backbone of risk management, but it’s also an astonishingly rich worldview that, as Taleb shows in this book, applies to all aspects of our lives. As Taleb says, “The symmetry of skin in the game is a simple rule that’s necessary for fairness and justice, and the ultimate BS-buster,” and “Never trust anyone who doesn’t have skin in the game. Without it, fools and crooks will benefit, and their mistakes will never come back to haunt them.”


Author : Paige Williams
Publisher : Hambone Publishing
Release : 2020-06-09
Page : 222
Category :
ISBN 13 : 9781922357083
Description :


Are you ready to become AntiFragile? At a time when disruption, uncertainty, and challenge are amplified to extraordinary levels, understanding how to Become AntiFragile will help us answer the question 'How can we be better from this experience?' with honesty and humility. By Becoming AntiFragile, we can take effective action that makes a difference in our own lives and in the world at large. The start of this decade has seen unprecedented levels of disruption around the world. The climate change debate, bushfires in Australia, the political fall-out of Brexit in Europe, the US elections and most recently, a global pandemic - coronavirus. The full implications of each of these disruptions are still emerging, but we can be sure that the ripples will be felt for years to come. This book offers leaders practical guiding principles to: - Embrace change rather than resist it - Lean into challenge rather than avoid it - Learn to thrive when times get tough The future is more uncertain than ever. Many leaders are struggling. With this book you won't be one of them.


Author : Nassim Nicholas Taleb
Publisher :
Release : 2012
Page : 519
Category : Adaptability (Psychology)
ISBN 13 : 9781846141560
Description :


In The Black Swan, Nassim Taleb explained the existence of high impact rare events beyond the realms of normal expectations. In his new book, Taleb goes much further. He tells us how to live in a world that is unpredictable and chaotic, and how to thrive during moments of disaster. Antifragility is about loving randomness, uncertainty, opacity, adventure and disorder, and benefitting from a variety of shocks. It is about what to do when you don't understand. It is a new word because it is a new concept. Many of the greatest breakthroughs in human endeavour come from the trial and error that is part of antifragility. And some of the best systems we know of, including evolution, have antifragility at their heart. Medicine, economics, even politics, could all be improved by embracing it. It is often what really drives innovation and invention. Our failure to realize this has even led to many huge historical misunderstandings about religion and belief. So, how can we take advantage of antifragility? What are the good things we can expose ourselves to? How do we become energized by volatility and uncertainty? Taleb ranges over ideas and real-life situations, from why debt brings fragility, why he abhors the fakeness of halfmen, why if we lose nothing we will gain nothing, and why we should detest the lack of accountability at the heart of capitalism. He shows us that chaos is what makes us human. The most successful of us, the most daring, relentless and creative will take advantage of this disorder and invent new, more powerful opportunities and advantages beyond our expectations. 'The author of the influential Black Swan returns with a bold bookexplaining how and why we should embrace uncertainty, randomness, and error as an antidote to our fragile way of life, instead of trying to avoid mistakes and collapsing when catastrophe strikes (see 2008). It may just change our lives.' thedailybeast.com


Author : Nassim Nicholas Taleb
Publisher : Random House
Release : 2016-01-26
Page : 1568
Category : Business & Economics
ISBN 13 : 0812997697
Description :


Nassim Nicholas Taleb’s landmark Incerto series is an investigation of luck, uncertainty, probability, opacity, human error, risk, disorder, and decision-making in a world we don’t understand, in nonoverlapping and standalone books. All four volumes—Antifragile, The Black Swan, Fooled by Randomness, and the expanded edition of The Bed of Procrustes, updated with more than 50 percent new material—are now together in one ebook bundle. ANTIFRAGILE “Startling . . . richly crammed with insights, stories, fine phrases and intriguing asides.”—The Wall Street Journal Just as human bones get stronger when subjected to stress and tension, many things in life benefit from disorder, volatility, and turmoil. What Taleb has identified and calls “antifragile” is that category of things that not only gain from chaos but need it in order to survive and flourish. The resilient resists shocks and stays the same; the antifragile gets better and better. What is crucial is that the antifragile loves errors, as it incurs small harm and large benefits from them. Spanning politics, urban planning, war, personal finance, economic systems, and medicine in an interdisciplinary and erudite style, Antifragile is a blueprint for living in a Black Swan world. THE BLACK SWAN “[A book] that altered modern thinking.”—The Times (London) A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random and more predictable. The astonishing success of Google was a black swan; so was 9/11. In this groundbreaking and prophetic book, Taleb shows that black swan events underlie almost everything about our world, from the rise of religions to events in our own personal lives, and yet we—especially the experts—are blind to them. FOOLED BY RANDOMNESS “[Fooled by Randomness] is to conventional Wall Street wisdom approximately what Martin Luther’s ninety-five theses were to the Catholic Church.”—Malcolm Gladwell, The New Yorker Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? Fooled by Randomness is about luck: more precisely, about how we perceive luck in our personal and professional experiences. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill—the markets—Fooled by Randomness is an irreverent, eye-opening, and endlessly entertaining exploration of one of the least understood forces in our lives. THE BED OF PROCRUSTES “Taleb’s crystalline nuggets of thought stand alone like esoteric poems.”—Financial Times This collection of aphorisms and meditations expresses Taleb’s major ideas in ways you least expect. The Bed of Procrustes takes its title from Greek mythology: the story of a man who made his visitors fit his bed to perfection by either stretching them or cutting their limbs. With a rare combination of pointed wit and potent wisdom, Taleb plows through human illusions, contrasting the classical views of courage, elegance, and erudition against the modern diseases of nerdiness, philistinism, and phoniness.


Author : Nassim Nicholas Taleb
Publisher : Random House
Release : 2008-10-14
Page : 368
Category : Business & Economics
ISBN 13 : 1588367673
Description :


Fooled by Randomness is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the series are The Black Swan, Antifragile, Skin in the Game, and The Bed of Procrustes. Fooled by Randomness is the word-of-mouth sensation that will change the way you think about business and the world. Nassim Nicholas Taleb–veteran trader, renowned risk expert, polymathic scholar, erudite raconteur, and New York Times bestselling author of The Black Swan–has written a modern classic that turns on its head what we believe about luck and skill. This book is about luck–or more precisely, about how we perceive and deal with luck in life and business. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill–the world of trading–Fooled by Randomness provides captivating insight into one of the least understood factors in all our lives. Writing in an entertaining narrative style, the author tackles major intellectual issues related to the underestimation of the influence of happenstance on our lives. The book is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: the baseball legend Yogi Berra; the philosopher of knowledge Karl Popper; the ancient world’s wisest man, Solon; the modern financier George Soros; and the Greek voyager Odysseus. We also meet the fictional Nero, who seems to understand the role of randomness in his professional life but falls victim to his own superstitious foolishness. However, the most recognizable character of all remains unnamed–the lucky fool who happens to be in the right place at the right time–he embodies the “survival of the least fit.” Such individuals attract devoted followers who believe in their guru’s insights and methods. But no one can replicate what is obtained by chance. Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? It may be impossible to guard ourselves against the vagaries of the goddess Fortuna, but after reading Fooled by Randomness we can be a little better prepared. Named by Fortune One of the Smartest Books of All Time A Financial Times Best Business Book of the Year


Author : Nassim Nicholas Taleb
Publisher : Random House Trade
Release : 2021-05-04
Page : 1872
Category :
ISBN 13 : 059324365X
Description :


The landmark five-book series--all together in one boxed set The Incerto is an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision making when we don't understand the world, expressed in the form of a personal essay with autobiographical sections, stories, parables, and philosophical, historical, and scientific discussions, in non-overlapping volumes that can be accessed in any order. The main thread is that while there is inordinate uncertainty about what is going on, there is great certainty as to what one should do about it. This boxed set includes: FOOLED BY RANDOMNESS THE BLACK SWAN THE BED OF PROCRUSTES ANTIFRAGILE SKIN IN THE GAME


Author : Dave Zwieback
Publisher : "O'Reilly Media, Inc."
Release : 2014-04-21
Page :
Category : Computers
ISBN 13 : 149190853X
Description :


How Can DevOps Make You Antifragile? All complex computer systems eventually break, despite all of the heavy-handed, bureaucratic change-management processes we throw at them. But some systems are clearly more fragile than others, depending on how well they cope with stress. In this O’Reilly report, Dave Zwieback explains how the DevOps methodology can help make your system antifragile. Systems are fragile when organizations are unprepared to handle changing conditions. As generalists adept at several roles, DevOps practitioners adjust more easily to the fast pace of change. Rather than attempt to constrain volatility, DevOps embraces disorder, randomness, and impermanence to make systems even better. This concise report covers: Why Etsy, Netflix, and other antifragile companies constantly introduce volatility to test and upgrade their systems How DevOps removes the schism between developers and operations, enlisting developers to deploy as well as build Using continual experimentation and minor failures to make critical adjustments—and discover breakthroughs How an overreliance on measurement and automation can make systems fragile Why sharing increases trust, collaboration, and tribal knowledge Download this free report and learn how the DevOps philosophy of Culture, Automation, Measurement, and Sharing makes use of changing conditions and even embarrassing mistakes to help improve your system—and your organization. Dave Zwieback has been managing large-scale, mission-critical infrastructure and teams for 17 years.


Author : Shortcut Edition
Publisher : Shortcut Edition
Release : 2021-06-18
Page : 35
Category : Business & Economics
ISBN 13 :
Description :


* Our summary is short, simple and pragmatic. It allows you to have the essential ideas of a big book in less than 30 minutes. By reading this summary, you will discover the concept of anti-fragility which allows you to face shocks, fluctuations and stress. You will also discover : that antifragility systems are part of your daily life; that to be antifragile, a system must generate more gains than losses; that shocks and fragility are sometimes good things; that if you focus too much on the causes of an event, you miss the real solutions; that you have to free yourself from theories and academic knowledge; that you need to respect others and the lessons of the past to become anti-fragile. Fragility is a concept that everyone thinks they have mastered. But how to define its opposite? Is it robustness? Well no, not quite! Might as well cut to the chase... the word for the opposite of "fragile" doesn't exist in any language. "Antifragile" fills this gap. An innovative concept, anti-fragile allows people and systems to improve under the effect of shock or stress. By putting into practice the methods of this summary, you will learn how to analyze a potentially destabilizing event and how to deal with it. So, are you ready to become anti-fragile? *Buy now the summary of this book for the modest price of a cup of coffee!


Author : Nassim Nicholas Taleb
Publisher : Random House
Release : 2007-04-17
Page : 480
Category : Business & Economics
ISBN 13 : 1588365832
Description :


The Black Swan is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the series are Fooled by Randomness, Antifragile, and The Bed of Procrustes. A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable, than it was. The astonishing success of Google was a black swan; so was 9/11. For Nassim Nicholas Taleb, black swans underlie almost everything about our world, from the rise of religions to events in our own personal lives. Why do we not acknowledge the phenomenon of black swans until after they occur? Part of the answer, according to Taleb, is that humans are hardwired to learn specifics when they should be focused on generalities. We concentrate on things we already know and time and time again fail to take into consideration what we don’t know. We are, therefore, unable to truly estimate opportunities, too vulnerable to the impulse to simplify, narrate, and categorize, and not open enough to rewarding those who can imagine the “impossible.” For years, Taleb has studied how we fool ourselves into thinking we know more than we actually do. We restrict our thinking to the irrelevant and inconsequential, while large events continue to surprise us and shape our world. In this revelatory book, Taleb explains everything we know about what we don’t know, and this second edition features a new philosophical and empirical essay, “On Robustness and Fragility,” which offers tools to navigate and exploit a Black Swan world. Elegant, startling, and universal in its applications, The Black Swan will change the way you look at the world. Taleb is a vastly entertaining writer, with wit, irreverence, and unusual stories to tell. He has a polymathic command of subjects ranging from cognitive science to business to probability theory. The Black Swan is a landmark book—itself a black swan. Praise for Nassim Nicholas Taleb “The most prophetic voice of all.”—GQ Praise for The Black Swan “[A book] that altered modern thinking.”—The Times (London) “A masterpiece.”—Chris Anderson, editor in chief of Wired, author of The Long Tail “Idiosyncratically brilliant.”—Niall Ferguson, Los Angeles Times “The Black Swan changed my view of how the world works.”—Daniel Kahneman, Nobel laureate “[Taleb writes] in a style that owes as much to Stephen Colbert as it does to Michel de Montaigne. . . . We eagerly romp with him through the follies of confirmation bias [and] narrative fallacy.”—The Wall Street Journal “Hugely enjoyable—compelling . . . easy to dip into.”—Financial Times “Engaging . . . The Black Swan has appealing cheek and admirable ambition.”—The New York Times Book Review From the Hardcover edition.


Author : Kjell Jørgen Hole
Publisher : Springer
Release : 2016-03-22
Page : 151
Category : Computers
ISBN 13 : 3319300709
Description :


This book introduces a novel approach to the design and operation of large ICT systems. It views the technical solutions and their stakeholders as complex adaptive systems and argues that traditional risk analyses cannot predict all future incidents with major impacts. To avoid unacceptable events, it is necessary to establish and operate anti-fragile ICT systems that limit the impact of all incidents, and which learn from small-impact incidents how to function increasingly well in changing environments. The book applies four design principles and one operational principle to achieve anti-fragility for different classes of incidents. It discusses how systems can achieve high availability, prevent malware epidemics, and detect anomalies. Analyses of Netflix’s media streaming solution, Norwegian telecom infrastructures, e-government platforms, and Numenta’s anomaly detection software show that cloud computing is essential to achieving anti-fragility for classes of events with negative impacts.


Author : Rajesh R V
Publisher : Packt Publishing Ltd
Release : 2017-07-13
Page : 414
Category : Computers
ISBN 13 : 1787120511
Description :


A practical, comprehensive, and user-friendly approach to building microservices in Spring About This Book Update existing applications to integrate reactive streams released as a part of Spring 5.0 Learn how to use Docker and Mesos to push the boundaries and build successful microservices Upgrade the capability model to implement scalable microservices Who This Book Is For This book is ideal for Spring developers who want to build cloud-ready, Internet-scale applications, and simple RESTful services to meet modern business demands. What You Will Learn Familiarize yourself with the microservices architecture and its benefits Find out how to avoid common challenges and pitfalls while developing microservices Use Spring Boot and Spring Cloud to develop microservices Handle logging and monitoring microservices Leverage Reactive Programming in Spring 5.0 to build modern cloud native applications Manage internet-scale microservices using Docker, Mesos, and Marathon Gain insights into the latest inclusion of Reactive Streams in Spring and make applications more resilient and scalable In Detail The Spring Framework is an application framework and inversion of the control container for the Java platform. The framework's core features can be used by any Java application, but there are extensions to build web applications on top of the Java EE platform. This book will help you implement the microservice architecture in Spring Framework, Spring Boot, and Spring Cloud. Written to the latest specifications of Spring that focuses on Reactive Programming, you'll be able to build modern, internet-scale Java applications in no time. The book starts off with guidelines to implement responsive microservices at scale. Next, you will understand how Spring Boot is used to deploy serverless autonomous services by removing the need to have a heavyweight application server. Later, you'll learn how to go further by deploying your microservices to Docker and managing them with Mesos. By the end of the book, you will have gained more clarity on the implementation of microservices using Spring Framework and will be able to use them in internet-scale deployments through real-world examples. Style and approach The book takes a step-by-step approach on developing microservices using Spring Framework, Spring Boot, and a set of Spring Cloud components that will help you scale your applications.


Author : Daniel H. Pink
Publisher : Penguin
Release : 2018-01-09
Page : 272
Category : Business & Economics
ISBN 13 : 0735210640
Description :


The instant New York Times Bestseller #1 Wall Street Journal Business Bestseller Instant Washington Post Bestseller "Brims with a surprising amount of insight and practical advice." --The Wall Street Journal Daniel H. Pink, the #1 bestselling author of Drive and To Sell Is Human, unlocks the scientific secrets to good timing to help you flourish at work, at school, and at home. Everyone knows that timing is everything. But we don't know much about timing itself. Our lives are a never-ending stream of "when" decisions: when to start a business, schedule a class, get serious about a person. Yet we make those decisions based on intuition and guesswork. Timing, it's often assumed, is an art. In When: The Scientific Secrets of Perfect Timing, Pink shows that timing is really a science. Drawing on a rich trove of research from psychology, biology, and economics, Pink reveals how best to live, work, and succeed. How can we use the hidden patterns of the day to build the ideal schedule? Why do certain breaks dramatically improve student test scores? How can we turn a stumbling beginning into a fresh start? Why should we avoid going to the hospital in the afternoon? Why is singing in time with other people as good for you as exercise? And what is the ideal time to quit a job, switch careers, or get married? In When, Pink distills cutting-edge research and data on timing and synthesizes them into a fascinating, readable narrative packed with irresistible stories and practical takeaways that give readers compelling insights into how we can live richer, more engaged lives.


Author : Craig Marker
Publisher :
Release : 2014-11-30
Page :
Category :
ISBN 13 : 9780615974224
Description :



Author : Sinan Si Alhir
Publisher : Lid Publishing
Release : 2016-12-13
Page : 208
Category : Risk management
ISBN 13 : 9780996943307
Description :


In today's business world, business organizations experience unprecedented levels of disruption and can only expect the unexpected! While they must perform in a VUCA world (one characterized by volatility, uncertainty, complexity, and ambiguity), their ability to OODA (observe, orient, decide, and act) is no longer enough to survive and thrive amidst disorder! While agility is quintessential for adapting in this new reality, antifragility is quintessential for evolving in this new reality! Conclusively, business organizations must embrace this new reality and emerge stronger! In "The Antifragility Edge: Antifragility in Practice," Si Alhir demystifies antifragility, explores how antifragility may be operationalized or put into practice by business organizations (at the individual, collective, and enterprise level), and offers an actionable roadmap for how business organizations can achieve greater antifragility.


Author : Guy Deutscher
Publisher : Random House
Release : 2016-08-04
Page : 320
Category : Language Arts & Disciplines
ISBN 13 : 144649490X
Description :


"Guy Deutscher is that rare beast, an academic who talks good sense about linguistics... he argues in a playful and provocative way, that our mother tongue does indeed affect how we think and, just as important, how we perceive the world." Observer *Does language reflect the culture of a society? *Is our mother-tongue a lens through which we perceive the world? *Can different languages lead their speakers to different thoughts? In Through the Language Glass, acclaimed author Guy Deutscher will convince you that, contrary to the fashionable academic consensus of today, the answer to all these questions is - yes. A delightful amalgam of cultural history and popular science, this book explores some of the most fascinating and controversial questions about language, culture and the human mind.


Author : Jim Paul
Brendan Moynihan
Publisher : Columbia University Press
Release : 2013-05-21
Page : 208
Category : Business & Economics
ISBN 13 : 0231164688
Description :


Jim Paul's meteoric rise took him from a small town in Northern Kentucky to governor of the Chicago Mercantile Exchange, yet he lost it all--his fortune, his reputation, and his job--in one fatal attack of excessive economic hubris. In this honest, frank analysis, Paul and Brendan Moynihan revisit the events that led to Paul's disastrous decision and examine the psychological factors behind bad financial practices in several economic sectors. This book--winner of a 2014 Axiom Business Book award gold medal--begins with the unbroken string of successes that helped Paul achieve a jet-setting lifestyle and land a key spot with the Chicago Mercantile Exchange. It then describes the circumstances leading up to Paul's $1.6 million loss and the essential lessons he learned from it--primarily that, although there are as many ways to make money in the markets as there are people participating in them, all losses come from the same few sources. Investors lose money in the markets either because of errors in their analysis or because of psychological barriers preventing the application of analysis. While all analytical methods have some validity and make allowances for instances in which they do not work, psychological factors can keep an investor in a losing position, causing him to abandon one method for another in order to rationalize the decisions already made. Paul and Moynihan's cautionary tale includes strategies for avoiding loss tied to a simple framework for understanding, accepting, and dodging the dangers of investing, trading, and speculating.


Author : Gabriel Weinberg
Justin Mares
Publisher : Penguin
Release : 2015-10-06
Page : 250
Category : Business & Economics
ISBN 13 : 0698411870
Description :


Most startups don’t fail because they can’t build a product. Most startups fail because they can’t get traction. Startup advice tends to be a lot of platitudes repackaged with new buzzwords, but Traction is something else entirely. As Gabriel Weinberg and Justin Mares learned from their own experiences, building a successful company is hard. For every startup that grows to the point where it can go public or be profitably acquired, hundreds of others sputter and die. Smart entrepreneurs know that the key to success isn’t the originality of your offering, the brilliance of your team, or how much money you raise. It’s how consistently you can grow and acquire new customers (or, for a free service, users). That’s called traction, and it makes everything else easier—fund-raising, hiring, press, partnerships, acquisitions. Talk is cheap, but traction is hard evidence that you’re on the right path. Traction will teach you the nineteen channels you can use to build a customer base, and how to pick the right ones for your business. It draws on inter-views with more than forty successful founders, including Jimmy Wales (Wikipedia), Alexis Ohanian (reddit), Paul English (Kayak), and Dharmesh Shah (HubSpot). You’ll learn, for example, how to: ·Find and use offline ads and other channels your competitors probably aren’t using ·Get targeted media coverage that will help you reach more customers ·Boost the effectiveness of your email marketing campaigns by automating staggered sets of prompts and updates ·Improve your search engine rankings and advertising through online tools and research Weinberg and Mares know that there’s no one-size-fits-all solution; every startup faces unique challenges and will benefit from a blend of these nineteen traction channels. They offer a three-step framework (called Bullseye) to figure out which ones will work best for your business. But no matter how you apply them, the lessons and examples in Traction will help you create and sustain the growth your business desperately needs.