Some things are not merely resistant to attack or failure; they are actually improved by them.
The economist Nassim Taleb calls this antifragility, and it's a phenomenon that Charlie Hebdo learned much about after gunmen slaughtered 12 people in and near the magazine's Paris office on Jan. 7 over offensive pictures of the Prophet Muhammad.
The killings turned a satirical magazine with a circulation of 60,000 known for breaking the boundaries of good taste into a worldwide symbol of free speech. The issue following the attacks, featuring a tearful Muhammad on the cover, was printed in five languages with 7 million copies distributed.
Later in January, East Coasters engaged in one of their favorite pastimes: extreme snowstorm preparation. While New England got battered by Winter Storm Juno, snowfall further south was much lighter than expected, leading metorologist Gary Szatkowski to apologize on Twitter.
"My deepest apologies to many key decision makers and so many members of the general public," he tweeted, followed by, "You made a lot of tough decisions expecting us to get it right, and we didn't. Once again, I'm sorry."
Meanwhile, Michael Kitces and Josh Brown did the winter conference circuit, economist Austan Goolsbee had some playground advice for Russia, and even HighTower Las Vegas couldn't resist a crack at the New England Patriots.
Charlie Hebdo: information is truly antifragile. Attempt to choke it moved circulation from 60K to est. >3 million, more than 50 times!
— Nassim NicholTaleb (@nntaleb) January 13, 2015
I don't care how hip your company is, I don't want your service rep to say they'll 'hit me back' when they have an answer to my problem.
— Jude Boudreaux CFP® (@HJudeBoudreaux) January 5, 2015
Oh my. RT @Iam_Canadian @BillWinterberg @MichaelKitces @Finovate @BrightScope I am awaiting the Tinder version of Advisor Matching Services.
— MichaelKitces (@MichaelKitces) January 22, 2015
My fave: buy cos. that can be run by idiot, cause sooner or later they will be @WarrenBuffett http://t.co/E31VPEtolX pic.twitter.com/3OEb5fpLEn"
— Alan Murray (@alansmurray) January 5, 2015
If Fed QE was a bazooka, ECB QE is a bazooka with a 500-page operator's manual without which you can't work out how to fire it. #risksharing
— Richard Barley (@RichardBarley1) January 22, 2015
This made me smile: "If you like someone set them free. If they come back, it means nobody liked them. Set them free again."
— George Papadopoulos (@feeonlyplanner) January 22, 2015
shouldn't they try to diversify to some not-oil-price-dependent friends? "@businessinsider: Russia and Iran just got even closer"
— Austan Goolsbee (@Austan_Goolsbee) January 20, 2015
One thing in football that is still inflated. pic.twitter.com/WHhxBCNVBa
— HighTower Las Vegas (@HTLasVegas) January 23, 2015
We may have finally pushed Barney the Dinosaur too far… pic.twitter.com/nhgRRIkiJb
— Downtown Josh Brown (@ReformedBroker) January 26, 2015
Just found out my Friday session @TDA4advisors is head-to-head with @MichaelKitces – go see Michael's, guys. He's way smarter than me.
— Downtown Josh Brown (@ReformedBroker) January 28, 2015
– Jamie Green contributed research.
— Check out Best Finance Tweets of the Year: 2014 on ThinkAdvisor.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.