This work lands in my top 10 most enjoyed and effectual books I’ve read in my life.
Among the plethora of interesting and arguments, stories, facts and historical accounts, the main tenant of the book attempts to describe that which, when encountering volatility, is itself improved directly by said volatility. A glass breaks upon shaking enough. A piece of metal does not. But there are things out there that will actually be better off after the shaking.
He applies this idea to numerous facets of life and from it delves into the world of free options, which allow one to take advantage of volatility without the exposure to the downside.
I really don’t want to say much more. It’s very likely the most intelligent book I’ve ever read.