Wednesday, 6 October 2010

Fooled by Randomness

Fooled by Randomness



Author: Nassim Nicholas Taleb
Edition: 2 Updated
Publisher: Random House Trade Paperbacks
Binding: Paperback
ISBN: 0812975219
Price:
You Save: 59%




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



“[Taleb is] Wall Street’s principal dissident.Fooled by Randomness review. . . . [Fooled By Randomness] is to conventional Wall Street wisdom approximately what Martin Luther’s ninety-nine theses were to the Catholic ChurchRead full reviews of Fooled by Randomness: The Hidden Role of Chance in the Markets and in Life.

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Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets: Nassim Nicholas Taleb

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

Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets, Second Edition
Amazon.com Review If the prescriptions for getting rich that are outlined in books such asandare successful enough to make the books bestsellers, then one must ask, Why aren't there more millionaires? In Fooled by Randomness, Nassim Nicholas Taleb, a professional trader and mathematics professor, examines what randomness means in business and in life and why human beings are so prone to mistake dumb luck for consummate skill. This eccentric and highly personal exploration of the nature of randomness meanders from the court of Croesus and trading rooms in New York and London to Russian roulette

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

Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
Categories: Nonfiction, Investments, Investments->Mathematics. Contributors: Nassim Nicholas Taleb - Author. Format: Hardcover



Fooled by Randomness Reviews


. . . [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.If the prescriptions for getting rich that are outlined in books such as The Millionaire Next Door and Rich Dad Poor Dad are successful enough to make the books bestsellers, then one must ask, Why aren't there more millionaires? In Fooled by Randomness, Nassim Nicholas Taleb, a professional trader and mathematics professor, examines what randomness means in business and in life and why human beings are so prone to mistake dumb luck for consummate skill. This eccentric and highly personal exploration of the nature of randomness meanders from the court of Croesus and trading rooms in New York and London to Russian roulette, Monte Carlo engines, and the philosophy of Karl Popper. Part of what makes this book so good is Taleb's ability to make seemingly arcane mathematical concepts (at least to this reviewer) entirely relevant in evaluating and understanding everything from the stock market to the success of those millionaires cited in the aforementioned bestsellers. Here's an articulate, wise, and humorous meditation on the nature of success and failure that anyone who wants a little more of the former would do well to consider. Highly recommended. --Harry C. Edwards

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