Eppendorf

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

Description: Fooled by Randomness is a standalone book in Nassim Nicholas Taleb's landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don't understand. The other books in the series are The Black Swan, Antifragile, Skin in the Game, and The Bed of Procrustes. Fooled by Randomness is the word-of-mouth sensation that will change the way you think about business and the world. Nassim Nicholas Taleb-veteran trader, renowned risk expert, polymathic scholar, erudite raconteur, and New York Times bestselling author of The Black Swan-has written a modern classic that turns on its head what we believe about luck and skill. This book is about luck-or more precisely, about how we perceive and deal with luck in life and business. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill-the world of trading-Fooled by Randomness provides captivating insight into one of the least understood factors in all our lives. Writing in an entertaining narrative style, the author tackles major intellectual issues related to the underestimation of the influence of happenstance on our lives. The book is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: the baseball legend Yogi Berra; the philosopher of knowledge Karl Popper; the ancient world's wisest man, Solon; the modern financier George Soros; and the Greek voyager Odysseus. We also meet the fictional Nero, who seems to understand the role of randomness in his professional life but falls victim to his own superstitious foolishness. However, the most recognizable character of all remains unnamed-the lucky fool who happens to be in the right place at the right time-he embodies the "survival of the least fit." Such individuals attract devoted followers who believe in their guru's insights and methods. But no one can replicate what is obtained by chance. Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? It may be impossible to guard ourselves against the vagaries of the goddess Fortuna, but after reading Fooled by Randomness we can be a little better prepared. Named by Fortune One of the Smartest Books of All Time A Financial Times Best Business Book of the Year Nassim Nicholas Taleb has devoted his life to problems of uncertainty, probability, and knowledge. He spent nearly two decades as a businessman and quantitative trader before becoming a full-time philosophical essayist and academic researcher in 2006. Although he spends most of his time in the intense seclusion of his study, or as a flâneur meditating in cafés, he is currently Distinguished Professor of Risk Engineering at New York University's Polytechnic Institute. His main subject matter is "decision making under opacity"-that is, a map and a protocol on how we should live in a world we don't understand. Taleb's books have been published in thirty-three languages. From the Hardcover edition.

Price: 18.11 USD

Location: Gloucester

End Time: 2025-01-14T13:22:44.000Z

Shipping Cost: 0 USD

Product Images

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

Item Specifics

Return shipping will be paid by: Buyer

All returns accepted: Returns Accepted

Item must be returned within: 60 Days

Refund will be given as: Money Back

Return policy details:

EAN: 9780812975215

UPC: 9780812975215

ISBN: 9780812975215

MPN: N/A

Edition: 2

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

Number of Pages: 368 Pages

Language: English

Publisher: Random House Publishing Group

Item Height: 0.9 in

Topic: Probability & Statistics / General, Finance / General, General, Statistics, Investments & Securities / General

Publication Year: 2005

Illustrator: Yes

Genre: Mathematics, Philosophy, Business & Economics

Item Weight: 10.1 Oz

Author: Nassim Nicholas Taleb

Item Length: 8 in

Book Series: Incerto Ser.

Item Width: 5.3 in

Format: Perfect

Recommended

Fooled by Randomness: The Hidden Role of Chance in Life and (1400067936)
Fooled by Randomness: The Hidden Role of Chance in Life and (1400067936)

$21.99

View Details
TrendWatching: Don't Be Fooled by the Next Investment Fad, Mania, or - GOOD
TrendWatching: Don't Be Fooled by the Next Investment Fad, Mania, or - GOOD

$3.59

View Details
Fooled by Randomness : The Hidden Role of Chance in Life and in t
Fooled by Randomness : The Hidden Role of Chance in Life and in t

$8.11

View Details
Fooled by Randomness : The Hidden Role of Chance in Life and in t
Fooled by Randomness : The Hidden Role of Chance in Life and in t

$6.82

View Details
Vice - Fooled By Your Love CD Glam Hair Metal Megattack Harlot Rockdolls
Vice - Fooled By Your Love CD Glam Hair Metal Megattack Harlot Rockdolls

$13.99

View Details
The Original White Door Guardian. Do Not Be Fooled by Imitators.
The Original White Door Guardian. Do Not Be Fooled by Imitators.

$36.69

View Details
Fooled by Randomness: The Hidden Role of Chance in Life and in the Market - GOOD
Fooled by Randomness: The Hidden Role of Chance in Life and in the Market - GOOD

$3.49

View Details
Don't Be Fooled By This Face I Had A Baby Without Medication can Snap You MAGNET
Don't Be Fooled By This Face I Had A Baby Without Medication can Snap You MAGNET

$4.98

View Details
1 Lbs bag St. Lucian Wild Crafted Seamoss 100%Organic (Don't be fooled by cheap)
1 Lbs bag St. Lucian Wild Crafted Seamoss 100%Organic (Don't be fooled by cheap)

$28.00

View Details
Barbara Mandrell Fooled by a Feeling CD Branson Collectables
Barbara Mandrell Fooled by a Feeling CD Branson Collectables

$22.75

View Details