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A review by jwh891
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets by Nassim Nicholas Taleb
4.0
I am no expert on anything financial or statistical. In fact, I am just about illiterate when it comes to higher math (anything about Trig); but, I did find Taleb's book "Fooled By Randomness" to be an interesting read into the hidden power of statistics and randomness in our lives. And how that randomness can be often erroneously seen as something other than random luck (skill, intelligence, charisma, etc.)
I found myself looking at the world through new eyes as I worked my way through this book and realized I was quite often fooled by randomness and a random fool!
Taleb does a fantastic job of taking very complex ideas and theories and relating them, through anecdotes, in a way that a layman like myself can understand.
A lot of people have complained about the author's somewhat arrogant tone, it put me off a bit a first, but once you get past that "noise", you find that what the author is saying is truth, and he does poke quite a bit of fun at himself as well, so he is not quite as arrogant as I first thought, simply opinionated. And for good reason.
I plan on reading the second in this "trilogy": "Black Swans", before moving on to the third, "Antifragile"
I found myself looking at the world through new eyes as I worked my way through this book and realized I was quite often fooled by randomness and a random fool!
Taleb does a fantastic job of taking very complex ideas and theories and relating them, through anecdotes, in a way that a layman like myself can understand.
A lot of people have complained about the author's somewhat arrogant tone, it put me off a bit a first, but once you get past that "noise", you find that what the author is saying is truth, and he does poke quite a bit of fun at himself as well, so he is not quite as arrogant as I first thought, simply opinionated. And for good reason.
I plan on reading the second in this "trilogy": "Black Swans", before moving on to the third, "Antifragile"