Fooled by Randomness : The Hidden Role of Chance in Life and in the Markets
(Author) Nassim Nicholas Taleb'One of the smartest books of all time' Fortune Everyone wants to succeed in life. But what causes some of us to be more successful than others? Is it really down to skill and strategy - or something altogether more unpredictable? This book is the word-of-mouth sensation that will change the way you think about business and the world. It is all about luck- more precisely, how we perceive luck in our personal and professional experiences. Nowhere is this more obvious than in the markets - we hear an entrepreneur has 'vision' or a trader is 'talented', but all too often their performance is down to chance rather than skill. It is only because we fail to understand probability that we continue to believe events are non-random, finding reasons where none exist. This irreverent bestseller has shattered the illusions of people around the world by teaching them how to recognize randomness. Now it can do the same for you. Nassim Nicholas Taleb is a radical and paradoxical philosopher for our times. He has spent his life immersing himself in problems of luck, uncertainty, probability, and knowledge, and he has led three high-profile careers around his ideas, as a man of letters, as a businessman-trader, and as a university professor and researcher. He is currently Distinguished Professor of Risk Engineering at New York University's Polytechnic Institute. His books Fooled by Randomness and The Black Swan have been published in thirty-three languages. Taleb refuses all awards and honours as they debase knowledge by turning it into competitive sports.
Nassim Nicholas Taleb
Nassim Nicholas Taleb is a Lebanese-American author, statistician, and former trader. He is best known for his works on randomness, probability, and uncertainty, particularly his book "The Black Swan: The Impact of the Highly Improbable." Taleb's writing style is characterized by its engaging and accessible approach to complex ideas, blending academic rigor with real-world examples. His contributions to literature include challenging conventional wisdom and promoting a skeptical approach to forecasting and risk assessment. Taleb's work has had a significant impact on the fields of economics, finance, and philosophy, sparking important debates about the nature of randomness and the limitations of human knowledge.