Investing requires us to think of the future. But stock markets are a complex adaptive system. This combined with our limited understanding of current and past events makes predicting the future not just hard but plain impossible most times. Thus it is important to understand the limits and limitations of forecasts. But successful investing does not always depend on accurate forecasting particularly when there is an asymmetric return potential versus the capital at risk. This leads to an investment strategy that aims to be anti-fragile – it can survive and do well no matter which future outcome unfolds. It is also important to understand the sources of fragility as we attempt to eliminate them. This is a journal to record my search for asymmetry and anti-fragility through my investment experience.
I write about investing, technology, asymmetry and anti-fragility