I agree with some part of what you say but I think there are some subtleties that your comment ignores. His point isn't that simply volatility is a good thing.

I agree with some part of what you say but I think there are some subtleties that your comment ignores. His point isn't that simply volatility is a good thing. Rather, by looking at things are many levels, fragility at one level is anti-fragile at another level. By allowing small businesses to experience catastrophe the system as a whole becomes stronger. I do agree with you about Black Swan as well. I couldn't finish and felt it was a big let down from "Fooled By Randomness".