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

Book Cover
Average Rating
Published
Ascent Audio, 2008.
ISBN
9781469087993
Status
Available Online

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Physical Description
10h 7m 0s
Format
eAudiobook
Language
English

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Citations

APA Citation, 7th Edition (style guide)

Nassim Nicholas Taleb., Nassim Nicholas Taleb|AUTHOR., & Sean Pratt|READER. (2008). Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets . Ascent Audio.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Nassim Nicholas Taleb, Nassim Nicholas Taleb|AUTHOR and Sean Pratt|READER. 2008. Fooled By Randomness: The Hidden Role of Chance in Life and in the Markets. Ascent Audio.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Nassim Nicholas Taleb, Nassim Nicholas Taleb|AUTHOR and Sean Pratt|READER. Fooled By Randomness: The Hidden Role of Chance in Life and in the Markets Ascent Audio, 2008.

MLA Citation, 9th Edition (style guide)

Nassim Nicholas Taleb, Nassim Nicholas Taleb|AUTHOR, and Sean Pratt|READER. Fooled By Randomness: The Hidden Role of Chance in Life and in the Markets Ascent Audio, 2008.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

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Grouping Information

Grouped Work ID8c04cbd8-4417-afa1-337a-441c98232d4e-eng
Full titlefooled by randomness the hidden role of chance in life and in the markets
Authortaleb nassim nicholas
Grouping Categorybook
Last Update2024-04-15 22:02:13PM
Last Indexed2024-04-16 01:59:15AM

Book Cover Information

Image Sourcehoopla
First LoadedDec 2, 2021
Last UsedApr 13, 2024

Hoopla Extract Information

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    [synopsis] => This audiobook is about luck, or more precisely, how we perceive and deal with luck in life and business. It 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 interested in random outcomes. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill, the world of trading, this audiobook is a captivating insight into one of the least understood factors of all our lives. In an entertaining narrative style, the author succeeds in tackling three major intellectual issues: the problem of induction, the survivorship biases, and our genetic unfitness to the modern word. Taleb uses stories and anecdotes to illustrate our overestimation of causality and the heuristics that make us view the world as far more explainable than it actually is. The audiobook is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: Yogi Berra, the baseball legend; Karl Popper, the philosopher of knowledge; Solon, the ancient world's wisest man; the modern financier George Soros; and the Greek voyager Ulysses. We also meet the fictional Nero, who seems to understand the role of randomness in his professional life, but who also falls victim to his own superstitious foolishness. But the most recognizable character remains unnamed, the lucky fool in the right place at the right time - the embodiment of 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 through chance. It may be impossible to guard against the vagaries of the Goddess Fortuna, but after listening to Fooled by Randomness we can be a little better prepared.
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