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Fooled By Randomness: The Hidden Role Of Chance In Life And In The Markets

Fooled By Randomness: The Hidden Role Of Chance In Life And In The Markets

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Everyone wants to succeed in life. But what causes some of us to be more successful than others? Is it really down to skill and strategy - or something altogether more unpredictable? This book is the word-of-mouth sensation that will change the way you think about business and the world. It is all about more precisely, how we perceive luck in our personal and professional experiences. Nowhere is this more obvious than in the markets - we hear an entrepreneur has 'vision' or a trader is 'talented', but all too often their performance is down to chance rather than skill. It is only because we fail to understand probability that we continue to believe events are non-random, finding reasons where none exist. This irreverent bestseller has shattered the illusions of people around the world by teaching them how to recognize randomness. Now it can do the same for you.

Details of Book

ISBN13: 9780141031484
ISBN10: 0141031484
Language: English
Series: Incerto
Publisher: Penguin
Publication Year: 2007
Format: Paperback

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A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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  • One Line Summary

    Insights on luck's influence in success and markets.

  • Who is this book for?

    If you're curious about how chance influences outcomes and want to see beyond the surface of success stories, this book is an eye-opener. It challenges your perception of skill versus luck and offers a fresh perspective on making smarter decisions, especially in unpredictable environments like the markets. Many readers find it both enlightening and liberating, as it helps explain why some ventures thrive while others fail, purely due to randomness.

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