Fooled by Randomness
The Hidden Role of Chance in Life and in the Markets
Published on 3. May 2007
Book
Paperback/Softback
368 pages
978-0-14-103148-4 (ISBN)
Description
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 bestselling 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.
'One of the smartest books of all time' Fortune
'An iconoclastic tour de force ... nothing escapes his Exocets' Evening Standard
'Brilliant' John Kay
'Excellent and thought-provoking ... an entertaining book' Financial Times
'Wall Street's principal dissident' Malcolm Gladwell
This book is the bestselling 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.
'One of the smartest books of all time' Fortune
'An iconoclastic tour de force ... nothing escapes his Exocets' Evening Standard
'Brilliant' John Kay
'Excellent and thought-provoking ... an entertaining book' Financial Times
'Wall Street's principal dissident' Malcolm Gladwell
More details
Language
English
Place of publication
London
United Kingdom
Product notice
Paperback (UK-B)
Dimensions
Height: 197 mm
Width: 128 mm
Thickness: 25 mm
Weight
276 gr
ISBN-13
978-0-14-103148-4 (9780141031484)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
E-Book
05/2007
1st Edition
Penguin Books Ltd
€9.49
Available for download
Previous edition
Book
03/2007
Penguin Books Ltd
€28.65
Article exhausted; check for reprint
Person
Nassim Nicholas Taleb is an uncompromizing no-nonsense thinker for our times. He has spent his life immersing himself in problems of luck, uncertainty, probability, and knowledge, and he has led three high-profile careers around his ideas, as a man of letters, as a businessman-trader, and as a university professor and researcher. He is currently Distinguished Professor of Risk Engineering at New York University's School of Engineering. He is the author of the 4-volume INCERTO (Antifragile, The Black Swan, Fooled by Randomness, and The Bed of Procrustes). Taleb refuses all awards and honours as they debase knowledge by turning it into competitive sports.