Review:
... it is important to remember, as Taleb shows in his charming and colorful book, that randomness can fool us... -- Wilson Quarterly
...A wise and readable guide to clearer thinking, drawing on insights from thinkers ranging from George Soros to Yogi Berra. -- Futurist, May/June 2002
...brilliant and entertaining... -- Buffalo Spree, January 2002
...explores why so many of us seem to underestimate the role of chance in creating the world's greatest success stories... -- Business a.m., November 8, 2001
...he’ll stretch your mind, make you smile and give your skepticism a healthy boost. -- SmartMoney, October 2002
A rare intellectual treat for the Christmas break. -- Director, December 2001
Antidote to the hundreds of titles that will be published this year promising unbeatable strategies for reaping rich rewards from the stock markets.... -- Sunday Times, 06 January, 2002
Fascinating. Stick with it: Taleb will grab you... -- Peter L. Bernstein, author of Against the Gods: The Remarkable Story of Risk
Fooled by Randomness is a fascinating read and, unusual in a book about such complex topics, an entertaining read as well. -- radicalacademy.com, 25 November, 2002
It is fun to read, refreshingly independently-minded and at the same time playful. -- Robert J. Shiller, author of Irrational Exuberance
Taleb tells interesting, well-wrought stories about individual behaviour. -- Publishers Weekly, September 10, 2001
Taleb will prompt readers to think carefully about the nature of success and the role of chance, both in finance and in life. -- Barron's, November 5, 2001
Taleb, by contrast, has constructed a trading philosophy predicted entirely on the existence of black swans... -- The New Yorker, April 22 & 29, 2002
The book struck a distinct chord as the author seemed to have various wonderful and illuminating insights with which I could readily identify. -- erivativesreview.com, September 28, 2001
Writing in a narrative and entertaining style, the author explores how random events can be disguised and preceived as non-random or determined. -- Investment Advisor, November 19, 2001
excellent and thought-provoking.... -- Financial Times, October 26, 2001
Synopsis:
Just as coincidence can be confused with causality, so the lucky idiot can be confused with the skilled investor. The realities of randomness and probability almost guarantee that, out of a large pool of random investors, a Warren Buffett will emerge just by luck. Taleb (the founder of Empirica L.L.C., a trading firm and risk research organization)
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