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

TOP
  • Author:  Nassim Nicholas Taleb
  • Translator from English: Miglena Cholakova
  • Availability:  In Stock
  • Product Code:  2514-01
  • SKU: 14.0125
  • ISBN: 978-954-761-392-8
  • Read an excerpt:

€9.15
  • Ex Tax: €8.40
   


Delivery

At an office of Econt 4.00 BGN 

At personal address - 6.00 BGN

Free shipping in Bulgaria for orders above 50 BGN. to an Econt office

Order by phone

Call us at 0888 465 635 to order by phone

E-book

In order to read our eBooks you have to download Adobe Digital Editions and register on the Adobe website as well. The DRM protected eBooks can not be converted or read on Amazon Kindle devices.

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

About the Author

Nassim Nicholas Taleb

More by the same author

Antifragile: Things That Gain from Disorder

Antifragile: Things That Gain from Disorder

€12.27Ex Tax: €11.25

Skin in the Game: Hidden Asymmetries in Daily Life

Skin in the Game: Hidden Asymmetries in Daily...

€10.18Ex Tax: €9.34

The Black Swan: Second Edition: The Impact of the Highly Improbable

The Black Swan: Second Edition: The Impact of...

€10.18Ex Tax: €9.34

Related Products

The Undercover Economist
TOP

The Undercover Economist

€8.18Ex Tax: €7.51

Lords of Finance: The Bankers Who Broke the World
TOP

Lords of Finance: The Bankers Who Broke the W...

€15.29Ex Tax: €14.02

Nudge: Improving Decisions About Health, Wealth, and Happiness
TOP

Nudge: Improving Decisions About Health, Weal...

€9.20Ex Tax: €8.44

Aftermath: Seven Secrets of Wealth Preservation in the Coming Chaos
TOP

Aftermath: Seven Secrets of Wealth Preservati...

€11.25Ex Tax: €10.32

The Tipping Point: How Little Things Can Make a Big Difference
TOP

The Tipping Point: How Little Things Can Make...

€7.15Ex Tax: €6.56

Tags: Economics,Business Strategies

Specification
Translator from English: Miglena Cholakova
Pages 352
Size 140/215 mm
Weight 0.460 kg
Cover Type Paperback
Genre Economics, Business Strategies

There are no reviews for this product.

Write a review
Note: HTML is not translated!
Captcha

Newsletter Subscribe

Submitting this form you agree to receive communications by email and you agree with our Privacy Policy

News

"Euphoria" - the pursuit of the unknown

18/09/2020

This Article is Available only in Bulgarian.

Stop experiencing the past and worrying about the future

14/09/2020

This Article is available only in Bulgarian.

Each of us is the captain of the boat of his joy

08/09/2020

This Article is Available only in Bulgarian.

Richard Sorge - a flawless spy

03/09/2020

This Article is Available only in Bulgarian.