Fooled By Randomness: The Hidden Role Of Chance In Life And In The Markets

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Random House Trade Paperbacks, 2005 - Business & Economics - 316 pages
19 Reviews
“[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 Randomnessis an irreverent, iconoclastic, eye-opening, and endlessly entertaining exploration of one of the least understood forces in all of our lives.

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LibraryThing Review

User Review  - CassandraT - LibraryThing

I didn't find any novel ideas in this book. It's more for people who trust numbers without understanding where or how they were formed. I agree with Taleb on many points, but wish the book were more ... Read full review

LibraryThing Review

User Review  - ashergabbay - LibraryThing

I read Nassim Taleb's "The Black Swan" a couple of years ago, and now I got around to reading his previous book, "Fooled by Randomness". This is the book that made Taleb famous for his theory about ... Read full review

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About the author (2005)

Nassim Nicholas Taleb is the author ofThe 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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