Lindy Effect

Inertia in beliefs and behaviors allows entrenched ideas and organizations to persist for long periods of time. The Lindy effect is the name of this phenomenon. It was popularized by Nassim Taleb in his book Antifragile, which we mentioned in Chapter 1. Taleb explains: If a book has been in print for forty years, I can expect it to be in print for another forty years. But, and that is the main difference, if it survives another decade, then it will be expected to be in print another fifty years. This, simply, as a rule, tells you why things that have been around for a long time are not "aging" like persons, but "aging" in reverse. Every year that passes without extinction doubles the additional life expectancy. This is an indicator of some robustness. The robustness of an item is proportional to its life!