{"id":3628,"date":"2018-06-22T06:47:35","date_gmt":"2018-06-22T06:47:35","guid":{"rendered":"https:\/\/forexercourse.com\/?post_type=product&p=3628"},"modified":"2018-07-06T22:04:55","modified_gmt":"2018-07-06T22:04:55","slug":"fooled-by-randomness-the-hidden-role-of-chance-in-life-and-in-the-markets","status":"publish","type":"product","link":"https:\/\/forexercourse.com\/shop\/fooled-by-randomness-the-hidden-role-of-chance-in-life-and-in-the-markets","title":{"rendered":"Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets"},"content":{"rendered":"

book : Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets<\/span><\/strong><\/h3>\n

Fooled by Randomness\u00a0<\/i>is a standalone book in Nassim Nicholas Taleb\u2019s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don\u2019t understand. The other books in the series are\u00a0The Black Swan, Antifragile, Skin in the Game,\u00a0<\/i>and\u00a0The Bed of Procrustes<\/i>.<\/b><\/p>\n

Fooled by Randomness<\/i>\u00a0is the word-of-mouth sensation that will change the way you think about business and the world. Nassim Nicholas Taleb\u2013veteran trader, renowned risk expert, polymathic scholar, erudite raconteur, and\u00a0New York Times<\/i>\u00a0bestselling author of\u00a0The Black Swan<\/i>\u2013has written a modern classic that turns on its head what we believe about luck and skill.<\/p>\n

This book is about luck\u2013or 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\u2013the world of trading\u2013Fooled by Randomness<\/i>\u00a0provides 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.<\/p>\n

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\u2019s 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.<\/p>\n

However, the most recognizable character of all remains unnamed\u2013the lucky fool who happens to be in the right place at the right time\u2013he embodies the \u201csurvival of the least fit.\u201d Such individuals attract devoted followers who believe in their guru\u2019s insights and methods. But no one can replicate what is obtained by chance.<\/p>\n

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\u00a0Fooled by Randomness<\/i>we can be a little better prepared.<\/p>\n

PRAISE FOR\u00a0FOOLED BY RANDOMNESS<\/i><\/u><\/b>:<\/p>\n

Named by Fortune One of the Smartest Books of All Time<\/b><\/p>\n

A Financial Times Best Business Book of the Year<\/p>\n

\u201c[Fooled by Randomness<\/i>] is to conventional Wall Street wisdom approximately what Martin Luther\u2019s ninety-five theses were to the Catholic Church.\u201d
\n\u2013Malcolm Gladwell, author of\u00a0Blink<\/i><\/p>\n

\u201cThe book that rolled down Wall Street like a hand grenade.\u201d
\n\u2013Maggie Mahar, author of\u00a0Bull! A History of the Boom, 1982\u20141999<\/i><\/p>\n

\u201cFascinating . . . Taleb will grab you.\u201d
\n\u2013Peter L. Bernstein, author of\u00a0Capital Ideas Evolving<\/i><\/p>\n

\u201cRecalls the best of scientist\/essayists like Richard Dawkins . . . and Stephen Jay Gould.\u201d
\n\u2013Michael Schrage, author of\u00a0Serious Play: How the World\u2019s Best Companies Simulate to Innovate<\/i><\/p>\n

\u201cWe need a book like this. . . . Fun to read, refreshingly independent-minded.\u201d
\n\u2013Robert J. Shiller, author of\u00a0Irrational Exuberance\u00a0<\/i><\/p>\n

\u201cPowerful . . . loaded with crackling little insights [and] extreme brilliance.\u201d
\n\u2013National Review<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

book : Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets Fooled by Randomness\u00a0is a standalone book in Nassim Nicholas Taleb\u2019s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don\u2019t understand. The other books in the series are\u00a0The Black […]<\/p>\n","protected":false},"featured_media":3629,"comment_status":"open","ping_status":"closed","template":"","meta":[],"product_cat":[529,43],"product_tag":[2741,530],"_links":{"self":[{"href":"https:\/\/forexercourse.com\/wp-json\/wp\/v2\/product\/3628"}],"collection":[{"href":"https:\/\/forexercourse.com\/wp-json\/wp\/v2\/product"}],"about":[{"href":"https:\/\/forexercourse.com\/wp-json\/wp\/v2\/types\/product"}],"replies":[{"embeddable":true,"href":"https:\/\/forexercourse.com\/wp-json\/wp\/v2\/comments?post=3628"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forexercourse.com\/wp-json\/wp\/v2\/media\/3629"}],"wp:attachment":[{"href":"https:\/\/forexercourse.com\/wp-json\/wp\/v2\/media?parent=3628"}],"wp:term":[{"taxonomy":"product_cat","embeddable":true,"href":"https:\/\/forexercourse.com\/wp-json\/wp\/v2\/product_cat?post=3628"},{"taxonomy":"product_tag","embeddable":true,"href":"https:\/\/forexercourse.com\/wp-json\/wp\/v2\/product_tag?post=3628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}