Fooled by Randomness

The Hidden Role of Chance in Life and in the Markets

Business & Finance, Economics, Statistics, Finance & Investing, Finance, Investments & Securities
Cover of the book Fooled by Randomness by Nassim Nicholas Taleb, Random House Publishing Group
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Nassim Nicholas Taleb ISBN: 9781588367679
Publisher: Random House Publishing Group Publication: October 14, 2008
Imprint: Random House Language: English
Author: Nassim Nicholas Taleb
ISBN: 9781588367679
Publisher: Random House Publishing Group
Publication: October 14, 2008
Imprint: Random House
Language: English

Fooled by Randomness is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the series are The Black Swan, Antifragile, Skin in the Game, and The Bed of Procrustes.

Fooled by Randomness is the word-of-mouth sensation that will change the way you think about business and the world. Nassim Nicholas Taleb–veteran trader, renowned risk expert, polymathic scholar, erudite raconteur, and New York Times bestselling author of The Black Swan–has written a modern classic that turns on its head what we believe about luck and skill.

This book is about luck–or more precisely, about how we perceive and deal with luck in life and business. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill–the world of trading–Fooled by Randomness provides captivating insight into one of the least understood factors in all our lives. Writing in an entertaining narrative style, the author tackles major intellectual issues related to the underestimation of the influence of happenstance on our lives.

The book is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: the baseball legend Yogi Berra; the philosopher of knowledge Karl Popper; the ancient world’s wisest man, Solon; the modern financier George Soros; and the Greek voyager Odysseus. We also meet the fictional Nero, who seems to understand the role of randomness in his professional life but falls victim to his own superstitious foolishness.

However, the most recognizable character of all remains unnamed–the lucky fool who happens to be in the right place at the right time–he embodies the “survival of the least fit.” Such individuals attract devoted followers who believe in their guru’s insights and methods. But no one can replicate what is obtained by chance.

Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? It may be impossible to guard ourselves against the vagaries of the goddess Fortuna, but after reading Fooled by Randomness we can be a little better prepared.

**Named by Fortune One of the Smartest Books of All Time

A Financial Times Best Business Book of the Year**

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Fooled by Randomness is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the series are The Black Swan, Antifragile, Skin in the Game, and The Bed of Procrustes.

Fooled by Randomness is the word-of-mouth sensation that will change the way you think about business and the world. Nassim Nicholas Taleb–veteran trader, renowned risk expert, polymathic scholar, erudite raconteur, and New York Times bestselling author of The Black Swan–has written a modern classic that turns on its head what we believe about luck and skill.

This book is about luck–or more precisely, about how we perceive and deal with luck in life and business. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill–the world of trading–Fooled by Randomness provides captivating insight into one of the least understood factors in all our lives. Writing in an entertaining narrative style, the author tackles major intellectual issues related to the underestimation of the influence of happenstance on our lives.

The book is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: the baseball legend Yogi Berra; the philosopher of knowledge Karl Popper; the ancient world’s wisest man, Solon; the modern financier George Soros; and the Greek voyager Odysseus. We also meet the fictional Nero, who seems to understand the role of randomness in his professional life but falls victim to his own superstitious foolishness.

However, the most recognizable character of all remains unnamed–the lucky fool who happens to be in the right place at the right time–he embodies the “survival of the least fit.” Such individuals attract devoted followers who believe in their guru’s insights and methods. But no one can replicate what is obtained by chance.

Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? It may be impossible to guard ourselves against the vagaries of the goddess Fortuna, but after reading Fooled by Randomness we can be a little better prepared.

**Named by Fortune One of the Smartest Books of All Time

A Financial Times Best Business Book of the Year**

More books from Random House Publishing Group

Cover of the book Granny D by Nassim Nicholas Taleb
Cover of the book Throne of Jade by Nassim Nicholas Taleb
Cover of the book DemonWars Saga Volume 2 by Nassim Nicholas Taleb
Cover of the book George R. R. Martin Starter Pack 4-Book Bundle by Nassim Nicholas Taleb
Cover of the book Loose Lips by Nassim Nicholas Taleb
Cover of the book We Never Asked for Wings by Nassim Nicholas Taleb
Cover of the book From the Black Hills by Nassim Nicholas Taleb
Cover of the book Jeff Shaara: Three Novels of World War II: The Rising Tide, The Steel Wave, No Less Than Victory by Nassim Nicholas Taleb
Cover of the book The Halloween Children by Nassim Nicholas Taleb
Cover of the book A Christmas Revelation by Nassim Nicholas Taleb
Cover of the book Head Over Heels by Nassim Nicholas Taleb
Cover of the book Tie Me Down by Nassim Nicholas Taleb
Cover of the book Garfield Gains Weight by Nassim Nicholas Taleb
Cover of the book You Belong in a Zoo! by Nassim Nicholas Taleb
Cover of the book Eisenhower by Nassim Nicholas Taleb
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy