Download Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets AudioBook Free
Selected by Amazon.com and the Financial Times as one of the best business books of the year, Fooled by Randomness can be an instant classic. It's uniqueness has attracted to it a broad following - from the New Yorker to the Pentagon. Already published in 14 languages, this new edition, expanded by over 80 pages, includes up-to-date advances from behavioral finance and cognitive science This book is about luck ? or more the way in which we perceive and deal with luck in life and business. It really is already a landmark work and its title has entered our vocabulary. In its second edition, Fooled by Randomness is now a cornerstone for anyone enthusiastic about random outcomes. Set against the setting 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 of most our lives. Writting in an entertaining and narrative style, the writer succeeds in tackling three major intellectual issues: the problem of induction, the survivorship biases, and our genetic unfitness to the present day word. In this second edition, Taleb manages to work with stories and anecdotes to illustrate our overestimation of causality and the heuristics that make us view the world as a lot more explainable than it really is. But no-one can replicate what's obtained by chance. Are we with the capacity of distinguishing the fortunate charlatan from the original visionary? Must we always try to uncover nonexistent messages in random events? It may be impossible to protect ourselves contrary to the vagaries of the Goddess Fortuna, but after reading Fooled by Randomness we can be considered a little better prepared.
