Fooled by Randomness
Fooled by Randomness
The Hidden Role of Chance in Life and in the Markets
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I have to admit that reading this book was somewhat painful for me. It touches upon some great ideas, but it's super repetitive and disjointed. Taleb touches upon a ton of ideas in a very superficial manner, and often goes overboard with references to the work of others. I respect him for doing things his way, but that's not my way.
The book's core message is quite simple, even though it may be hard to understand (and apply):
We favor the visible, the embedded, the personal, the narrated, and the tangible; we scorn the abstract. Everything good (aesthetics, ethics) and wrong (Fooled by Randomness) with us seems to flow from it.
Featured Series
5 primary booksIncerto is a 5-book series with 5 primary works first released in 2001 with contributions by Nassim Nicholas Taleb.