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Fooled by Randomness:

The Hidden Role of Chance in Life and in the Markets
Front Cover
38 Reviews
Random House Digital, Inc., Oct 14, 2008 - Business & Economics - 316 pages
“[Taleb is] Wall Street’s principal dissident. . . . [Fooled By Randomness] is to conventional Wall Street wisdom approximately what Martin Luther’s ninety-nine theses were to the Catholic Church.”
Malcolm Gladwell, The New Yorker

Finally in paperback, the word-of-mouth sensation that will change the way you think about the markets and the world.This book is about luck: more precisely how we perceive luck in our personal and professional experiences.

Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill–the world of business–Fooled by Randomness is an irreverent, iconoclastic, eye-opening, and endlessly entertaining exploration of one of the least understood forces in all of our lives.


From the Trade Paperback edition.
  

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

User Review  - Bevan - Goodreads

Probability and chance fascinate me. Many people believe in fate, or argue over the role of chance in the course they have taken in their lives. Those of us who operate in the world of financial ... Read full review

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

User Review  - Marvin chester - Goodreads

You can't learn anything from this book; it's just a rant. The author's message is an incessant din of, 'I'm smart. They're stupid' "trading rooms were populated by people ..devoid of any ... Read full review

All 32 reviews »

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Contents

SOLONS WARNING
1
TWO A BIZARRE ACCOUNTING METHOD
22
Th??? A MATHEMATICAL MEDITATION
43
RANDOMNESS NONSENSE
70
SURVIVAL OF THE LEAST FITCAN EVOLUTION
79
JOHN THE HIGHYIELD TRADER
86
NAIVE EVOLUTIONARY THEORIE5
94
Six SKEWNESS AND ASYMMETRY
97
WHEN IT RAINS IT DOURS
180
SOME ARCHITECTURAL
183
WHERE IS NAPOLEON WHEN
190
WHY WE DONT MARRY THE FIRST DATE
197
RROBABILITIES AND THE MEDIA
210
AM NOT SO INTELLIGENT
222
ON PROBABILITY
234
Fourteen BACCHUS ABANDONS ANTONY
245

8118? THE PROBLEM OF INDUCTION
116
IT DEDENDS ON THE NUMBER OF MONKEYS
136
Ntllé ITIS EASIER TO BUY AND SELL
149
LOSER TAKES ALLON THE NONLINEARITIES
172
POSISCYIPI THREE AFTERTHOUGHTS IN
252
Acknowledgments for the First Edition
263
07
309
Copyright

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About the author (2008)

Nassim Nicholas Taleb is the author of The Black Swan. He has devoted his life to immersing himself in problems of luck, uncertainty, probability, and knowledge. Part literary essayist, part empiricist, part researcher, part no-nonsense businessman, he spent eighteen years as a mathematical trader, and was the Dean’s Professor in the Sciences of Uncertainty at the University of Massachusetts at Amherst. Taleb lives mostly in New York.


From the Hardcover edition.

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