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.
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.
"[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
Fascinating . . . Taleb will grab you.
Peter L. Bernstein, author of Against the Gods: The Remarkable Story of Risk
Recalls the best of scientist/essayists like Richard Dawkins . . . and Stephen Jay Gould.
Michael Schrage, author of Serious Play
We need a book like this . . . fun to read, refreshingly independent-minded.
Robert J. Shiller, author of Irrational Exuberance
Malcolm Gladwell, The New Yorker
Fascinating . . . Taleb will grab you.
Peter L. Bernstein, author of Against the Gods: The Remarkable Story of Risk
Recalls the best of scientist/essayists like Richard Dawkins . . . and Stephen Jay Gould.
Michael Schrage, author of Serious Play
We need a book like this . . . fun to read, refreshingly independent-minded.
Robert J. Shiller, author of Irrational Exuberance