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American Poems: Books: Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
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 Home » Books » Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

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

  • List Price: $39.98
  • Buy New: $29.25
  • as of 12/21/2014 13:37 EST details
  • You Save: $10.73 (27%)
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New (10) Used (8) from $19.99
  • Seller:Amazon.com
  • Sales Rank:422,477
  • Format:Audiobook, Unabridged
  • Languages:English (Unknown), English (Original Language), English (Published)
  • Media:Audio CD
  • Number Of Items:8
  • Running Time:600 Minutes
  • Edition:2
  • Discs:8
  • Shipping Weight (lbs):0.5
  • Dimensions (in):5.3 x 1.4 x 6
  • Publication Date:September 2, 2008
  • ISBN:159659201X
  • EAN:9781596592018
  • ASIN:159659201X
Shipping:Eligible for FREE Super Saver Shipping
Availability:Usually ships in 24 hours

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Editorial Reviews:
Synopsis
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Amazon.com Review
If the prescriptions for getting rich that are outlined in books such as The Millionaire Next Door and Rich Dad Poor Dad are successful enough to make the books bestsellers, then one must ask, Why aren't there more millionaires? In Fooled by Randomness, Nassim Nicholas Taleb, a professional trader and mathematics professor, examines what randomness means in business and in life and why human beings are so prone to mistake dumb luck for consummate skill. This eccentric and highly personal exploration of the nature of randomness meanders from the court of Croesus and trading rooms in New York and London to Russian roulette, Monte Carlo engines, and the philosophy of Karl Popper. Part of what makes this book so good is Taleb's ability to make seemingly arcane mathematical concepts (at least to this reviewer) entirely relevant in evaluating and understanding everything from the stock market to the success of those millionaires cited in the aforementioned bestsellers. Here's an articulate, wise, and humorous meditation on the nature of success and failure that anyone who wants a little more of the former would do well to consider. Highly recommended. --Harry C. Edwards

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