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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 irreverent, iconoclastic, eye-opening, and endlessly entertaining exploration of one of the least understood forces in all of our lives.
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Paperback, Fooled By Randomness: The...

[Taleb is] Wall Street s principal dissident. . . . [Fooled By Randomness] is to conventional Wall Street wisdom...

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Fooled By Randomness: The Hidden Role...

Nassim Nicholas Taleb / 2005 / 316 pages Books

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Fooled by Randomness: The Hidden Role...

General Business & Economics - Just as coincidence can be confused with causality, so the lucky idiot can be confused...

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Fooled by Randomness: The Hidden Role...

Finally in paperback, the word-of-mouth sensation that will change the way you think about the markets and the world....

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Fooled by Randomness: The Hidden Role...

Pages: 368, Edition: 2 Updated, Paperback, Random House Trade Paperbacks

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Contends that randomness and probability have a large impact on life, claims that people regularly fail to recognize...

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ProductReviews70/100 (100 Reviews)

Recent Reviews

5/5
From: Amazon
Posted: Sep-28-2009
Great insight

Taleb changed the way I thought about skill and luck. The book was not made to prove things one way or the other but to get you to think. Don't take anyones supposed skill to your bank. You need to be aware of the risk of what you are...

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4/5
From: Amazon
Posted: Sep-17-2009
Anecdotes and science

Found the book strangely absorbing and innovative. Myself, I have very little knowledge of things mathematical or statistical, but a rather strong interest in them. Nassim Taleb delivers a spirited defence of skepticism, which I always...

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2/5
From: Amazon
Posted: Sep-10-2009
some interesting provocative ideas but the book is quite bad

There are some interesting ideas in the book. That's why I would give it 2 stars and not 1.Other than that the style is quite bad (IMHO of course) but the one biggest problem for me is thatthe author lacks even a single smallest drop of...

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5/5
From: Amazon
Posted: Sep-04-2009
Fooled by Ramdomness

A book that all of the overpaid egomaniacs on Wall Street will hate. Answers to the questions about what role luck plays in our financial lives. A must read before you overpay for financial advise.

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Selected Reviews

5/5
From: Amazon
Posted: Sep-28-2009
Great insight

Taleb changed the way I thought about skill and luck. The book was not made to prove things one way or the other but to get you to think. Don't take anyones supposed skill to your bank. You need to be aware of the risk of what you are...

read full review | report as inappropriate
3/5
From: Amazon
Posted: Jun-15-2008
Great concept but poor writing

Well, what can I say? The concept of "black swamp" function is very original and as a professional investor, I appreciate the author's insight into this critical concept to long term return. However, the whole book is about this concept...

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2/5
From: Amazon
Posted: Sep-10-2009
some interesting provocative ideas but the book is quite bad

There are some interesting ideas in the book. That's why I would give it 2 stars and not 1.Other than that the style is quite bad (IMHO of course) but the one biggest problem for me is thatthe author lacks even a single smallest drop of...

read full review | report as inappropriate
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