Synopses & Reviews
Finally in paperback, the word-of-mouth sensation that will change the way you think about the markets and the world. This book is about luck: more precisely how we perceive luck in our personal and professional experiences.
Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill the world of business Fooled by Randomness is an irreverent, iconoclastic, eye-opening, and endlessly entertaining exploration of one of the least understood forces in all of our lives.
"[Taleb is] Wall Street's principal dissident....[Fooled By Randomness] is to conventional Wall Street wisdom approximately what Martin Luther's ninety-nine theses were to the Catholic Church." Malcolm Gladwell, The New Yorker
"Fascinating...Taleb will grab you."
Peter L. Bernstein, author of Against the Gods: The Remarkable Story of Risk
"We need a book like this...fun to read, refreshingly independent-minded." Robert J. Shiller, author of Irrational Exuberance
"Taleb examines how and why the attempt to determine cause and effect is continually hampered by random occurrences and our emotional responses to them." Booklist
About the Author
Nassim Nicholas Taleb is the founder of Empirica Capital LLC, a crisis-hunting hedge fund operator, and a fellow at the Courant Institute of Mathematical Sciences of New York University. He has held a variety of derivative trading positions in New York and London and worked as an independent floor trader in Chicago. Taleb was inducted in February 2001 in the Derivatives Strategy Hall of Fame.