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Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

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Luck, skill, and success dissected with wit.

Imagine you're often attributing success to skill when luck plays a significant role. That's what "Fooled by Randomness" unravels. It's a witty, thought-provoking read that challenges how you perceive success and failure. Taleb has a unique ability to connect complex mathematical concepts to everyday life, making you question the role of chance in the paths you pursue, both professionally and personally.

New

Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

Regular price RM32.54 MYR
Unit price
per
ISBN: 9780141032740
Date of Publication: 2007-03-29
Format: Paperback
Goodreads rating: 4.08
(rated by 66014 readers)

Description

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. Now in a striking new hardcover edition, 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 the baseball legend Yogi Berra; the philosopher of knowledge Karl Popper; the ancient world’s wisest
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Luck, skill, and success dissected with wit.

Imagine you're often attributing success to skill when luck plays a significant role. That's what "Fooled by Randomness" unravels. It's a witty, thought-provoking read that challenges how you perceive success and failure. Taleb has a unique ability to connect complex mathematical concepts to everyday life, making you question the role of chance in the paths you pursue, both professionally and personally.