Fooled Randomness Pdf
Fooled by Randomness- The Hidden Role of Chance in the Markets and in Life, by Nassim Nicholas Taleb- an unconventional mathematics professor, is about disguised luck and how we often mistake it for something else (eg. While it is proposed this happens in all facets of life (eg. Politics, business), it i s very prevalent in investment and speculative trading. This book is thought provoking. Author plays with the topics including philosophy, mathematics, human behaviour and history apart from Investment and stock market uncertainties with interesting anecdotes and real observations of the author which make this book very interesting to read.
Fooled By Randomness Pdf Download
Filters photoshop 7.0. About the author assim Nichola Tales. Four: Randomness Nonsense. Obsessed, literature-lovin humag n being willing to be fooled by any form. Fooled By Randomness Nassim Taleb.pdf Free Download Here Fooled by Randomness: The Hidden Role of Chance in Life and.
Most things in life are not like steam engines, but people treat them as if they were. Life and markets, involves large number of random factors, and regularly give surprises. Their behaviour over short time spans may have so little significance and that can be nothing but noise. Extrapolation of it is impossible or meaningless. Then also we continue to see patterns where none exist, misunderstand the role of randomness, seek explanations for chance phenomena, and believe that we know more about the future than we do and that is the core/point of this book.
Non-fiction
The best way to summarize the central idea of this book is that it addresses situations where the left column is mistaken for the right one.