![]() ![]() ![]() ![]() ![]() In addition we meet the fictional Nero, who seems to understand the role of randomness in his trading life, but who also falls victim to his own superstitious foolishness.īut the most recognizable character of all remains unnamed - the lucky fool in the right place at the right time. The book is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: Yogi Berra, the baseball legend Karl Popper, the philosopher of knowledge Solon, the Ancient World’s wisest man the modern financier George Soros and the Greek voyager Ulysses. Writing in an entertaining and narrative style, the author succeeds in tackling and explaining three major intellectual issues: the problem of induction, the survivorship biases, and our genetic unfitness to the modern world. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill - the world of trading - Fooled by Randomness is a captivating insight into one of the least understood factors in all our lives. This book is about luck - or more precisely how we perceive and deal with luck in business and life. Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets. ![]()
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