(PDF/ePub) Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets - Nassim Nicholas Taleb
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Detail Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
Author : Nassim Nicholas Taleb
Pages : 10 pages
Publisher : Gildan Media, LLC
Language : eng
ISBN-10 : B0012IZFRW
ISBN-13 :
Synopsis Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
This audiobook is about luck, or more precisely, how we perceive and deal with luck in life and business. It is already a landmark work and its title has entered our vocabulary. In its second edition, Fooled by Randomness is now a cornerstone for anyone interested in random outcomes.Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill, the world of trading, this audiobook is a captivating insight into one of the least understood factors of all our lives. In an entertaining narrative style, the author succeeds in tackling three major intellectual issues: the problem of induction, the survivorship biases, and our genetic unfitness to the modern word. Taleb uses stories and anecdotes to illustrate our overestimation of causality and the heuristics that make us view the world as far more explainable than it actually is.The audiobook is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: Yogi