"People should be highly skeptical of anyone's, including their own , ability to predict the future, and instead pursue strategies that can survive what ever may occur . [Nassim] Taleb advises us to be “anti-fragile” – i.e. , to embrace those elements that benefit from volatility , variability , stress and disorder. This is exactly what we strive to do.”
—Seth Klarman, The Baupost Group
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