Items related to Fooled by Randomness: The Hidden Role of Chance in...

Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets - Hardcover

 
9781587991905: Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
View all copies of this ISBN edition:
 
 
Selected by Amazon.com and the Financial Times as one of the best business books of the year, Fooled by Randomness is an instant classic. It's uniqueness has drawn to it a wide 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 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 ? Fooled by Randomness is a captivating insight into one of the least understood factors of all our lives. Writting in an entertaining and 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. In this second edition, Taleb manages to use 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. 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.

"synopsis" may belong to another edition of this title.

Review:
If the prescriptions for getting rich that are outlined in books such as The Millionaire Next Door and Rich Dad Poor Dad are successful enough to make the books bestsellers, then one must ask, Why aren't there more millionaires? In Fooled by Randomness, Nassim Nicholas Taleb, a professional trader and mathematics professor, examines what randomness means in business and in life and why human beings are so prone to mistake dumb luck for consummate skill. This eccentric and highly personal exploration of the nature of randomness meanders from the court of Croesus and trading rooms in New York and London to Russian roulette, Monte Carlo engines, and the philosophy of Karl Popper. Part of what makes this book so good is Taleb's ability to make seemingly arcane mathematical concepts (at least to this reviewer) entirely relevant in evaluating and understanding everything from the stock market to the success of those millionaires cited in the aforementioned bestsellers. Here's an articulate, wise, and humorous meditation on the nature of success and failure that anyone who wants a little more of the former would do well to consider. Highly recommended. --Harry C. Edwards
About the Author:
Nassim Nicholas Taleb is an essayist principally concerned with the problems of uncertainty and knowledge. Taleb?s interests lie at the intersection of philosophy,
mathematics, finance, literature, and cognitive science but he has stayed extremely
close to the ground thanks to an uninterrupted two-decade career as a mathematical
trader. Specializing in the risks of unpredicted rare events (?black swans?), he held senior trading positions in New York and London before founding Empirica LLC, a trading firm and risk research laboratory. Taleb is a fellow at the Courant Institute
of Mathematical Sciences of New York University where he has been teaching a
class on the failure of models since 1999. His degrees include an MBA from the Wharton School and a Ph.D. from the University of Paris Dauphine. The author?s ideas on skeptical empiricism have been covered by hundreds of articles around the world. Since childhood, Taleb has been obsessed with the defects of his own thinking. In addition to his scientific and literary interests, Taleb enjoys cafe
lounging and museum hopping.

"About this title" may belong to another edition of this title.

  • PublisherTexere
  • Publication date2004
  • ISBN 10 158799190X
  • ISBN 13 9781587991905
  • BindingHardcover
  • Edition number2
  • Number of pages312
  • Rating

Other Popular Editions of the Same Title

9780471511441: Fooled by Randomness: the Hidden Role of Chance in the Markets and in Life

Featured Edition

ISBN 10:  ISBN 13:  9780471511441
Publisher: John Wiley & Sons Inc
Softcover

Top Search Results from the AbeBooks Marketplace

International Edition
International Edition

Taleb, Nassim Nicholas
Published by Texere (2004)
ISBN 10: 158799190X ISBN 13: 9781587991905
New Paperback Quantity: 15
International Edition
Seller:
Bookstore99
(Wilmington, DE, U.S.A.)

Book Description Paperback. Condition: NEW. International Edition, Paperback, Brand New, Same author , ISBN and Cover image may differ. Legal to use despite any disclaimer, We ship to PO , APO and FPO adresses in U.S.A .Choose Expedited Shipping for FASTER DELIVERY.Customer Satisfaction Guaranteed. Seller Inventory # USB_9780141031484

More information about this seller | Contact seller

Buy New
US$ 20.36
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds
Stock Image

Taleb, Nassim Nicholas
Published by Texere (2004)
ISBN 10: 158799190X ISBN 13: 9781587991905
New Hardcover Quantity: 1
Seller:
The Book Spot
(Sioux Falls, SD, U.S.A.)

Book Description Hardcover. Condition: New. Seller Inventory # Abebooks578195

More information about this seller | Contact seller

Buy New
US$ 64.00
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds
Stock Image

Taleb, Nassim Nicholas
Published by Texere (2004)
ISBN 10: 158799190X ISBN 13: 9781587991905
New Hardcover Quantity: 2
Seller:
Save With Sam
(North Miami, FL, U.S.A.)

Book Description Hardcover. Condition: New. Brand New!. Seller Inventory # VIB158799190X

More information about this seller | Contact seller

Buy New
US$ 73.23
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds
Stock Image

Taleb, Nassim Nicholas
Published by Texere (2004)
ISBN 10: 158799190X ISBN 13: 9781587991905
New Hardcover Quantity: 1
Seller:
Wizard Books
(Long Beach, CA, U.S.A.)

Book Description Hardcover. Condition: new. New. Seller Inventory # Wizard158799190X

More information about this seller | Contact seller

Buy New
US$ 99.05
Convert currency

Add to Basket

Shipping: US$ 3.50
Within U.S.A.
Destination, rates & speeds
Stock Image

Taleb, Nassim Nicholas
Published by Brand: Texere (2004)
ISBN 10: 158799190X ISBN 13: 9781587991905
New Hardcover Quantity: 1
Seller:
Front Cover Books
(Denver, CO, U.S.A.)

Book Description Condition: new. Seller Inventory # FrontCover158799190X

More information about this seller | Contact seller

Buy New
US$ 103.56
Convert currency

Add to Basket

Shipping: US$ 4.30
Within U.S.A.
Destination, rates & speeds
Stock Image

Taleb, Nassim Nicholas
Published by Texere (2004)
ISBN 10: 158799190X ISBN 13: 9781587991905
New Hardcover Quantity: 1
Seller:
GoldBooks
(Austin, TX, U.S.A.)

Book Description Hardcover. Condition: new. New Copy. Customer Service Guaranteed. Seller Inventory # think158799190X

More information about this seller | Contact seller

Buy New
US$ 105.45
Convert currency

Add to Basket

Shipping: US$ 4.25
Within U.S.A.
Destination, rates & speeds
Stock Image

Taleb, Nassim Nicholas
Published by Texere (2004)
ISBN 10: 158799190X ISBN 13: 9781587991905
New Hardcover Quantity: 1
Seller:
BennettBooksLtd
(LOS ANGELES, CA, U.S.A.)

Book Description Condition: New. New. In shrink wrap. Looks like an interesting title! 1.28. Seller Inventory # Q-158799190X

More information about this seller | Contact seller

Buy New
US$ 114.42
Convert currency

Add to Basket

Shipping: US$ 5.08
Within U.S.A.
Destination, rates & speeds
Stock Image

Taleb, Nassim Nicholas
Published by Texere (2004)
ISBN 10: 158799190X ISBN 13: 9781587991905
New Hardcover Quantity: 1
Seller:
GoldenWavesOfBooks
(Fayetteville, TX, U.S.A.)

Book Description Hardcover. Condition: new. New. Fast Shipping and good customer service. Seller Inventory # Holz_New_158799190X

More information about this seller | Contact seller

Buy New
US$ 253.69
Convert currency

Add to Basket

Shipping: US$ 4.00
Within U.S.A.
Destination, rates & speeds