Home Books, Movies and Music Business & Finance Business & EconomicsFooled By Randomness: The Hidden Role Of Chance In Life And In The Markets

Share this product

Books First Ltd Fooled By Randomness: The Hidden Role Of Chance In Life And In The Markets

Name: Fooled By Randomness: The Hidden Role Of Chance In Life And In The Markets
Brand: Books First Ltd
Price: 1895.00 KES
Availability: InStock

Brand: Books First Ltd | Similar products from Books First Ltd

KSh 1,895

1 units left

+ shipping from KSh 70 to CBD - UON/Globe/Koja/River Road

0 out of 5

(No ratings available)

Promotions

Easy and safer payments via the JumiaPay App.

Report incorrect product information

Delivery & Returns

Choose your location

Pickup Station

Delivery Fees KSh 70

Ready for pickup between 28 August and 30 August if you place your order within the next 33mins

Door Delivery

Delivery Fees KSh 160

Ready for delivery between 28 August and 30 August if you place your order within the next 33mins

Return Policy

Easy Return, Quick Refund.Details

Seller Information

HIDDEN TREASURES

90%Seller Score

121 Followers

Seller Performance

Shipping speed: Average

Quality Score: Excellent

Customer Rating: Excellent

Product details

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 provides captivating insight into one of the least understood factors in all our lives. Writing in an entertaining narrative style, the author tackles major intellectual issues related to the underestimation of the influence of happenstance on our lives.

The book is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: the baseball legend Yogi Berra; the philosopher of knowledge Karl Popper; the ancient world’s wisest man, Solon; the modern financier George Soros; and the Greek voyager Odysseus. We also meet the fictional Nero, who seems to understand the role of randomness in his professional life but falls victim to his own superstitious foolishness.

However, the most recognizable character of all remains unnamed–the lucky fool who happens to be in the right place at the right time–he embodies the “survival of the least fit.” Such individuals attract devoted followers who believe in their guru’s insights and methods. But no one can replicate what is obtained by chance.

Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? It may be impossible to guard ourselves against the vagaries of the goddess Fortuna, but after reading Fooled by Randomness we can be a little better prepared.