Taleb, Nassim Nicholas, 1960-.  Fooled by Randomness : the hidden role of chance in life and in the markets / Nassim Nicholas Taleb. - 2nd ed., updated. - New York : Random House, 2005. - xlviii, 316 p. ; 24 cm. - Includes bibliographical references ( p. [293]-306) and index. - Originally published: New York : Thomson/Texere, 2004.
        ISBN 9781400067930 (acidfree paper).
        trade. business. market.


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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, and The Bed of Procrustes. Now in a striking new hardcover edition, 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...


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