Deceived by chance: The Secret Function of Chance in Markets and Life.

by Richard Weber

We frequently confuse talent and determinism with luck and unpredictability.

We all fall victim to randomness often, which causes us to overestimate the influence of luck and chance on our lives. When uncertainty and randomness are required, words like "skills" and "determinism" are used. This contrast is most evident in the stock market, where the term "competent investor" is typically replaced by "fortunate idiot."

Without specific...

• Format: Paperback
• Language: English
• ISBN: B0BF28PCZD
• ISBN13: 9798353338208
• Release Date: January 1
• Publisher: Independently Published
• Length: 30 Pages
• Weight: 0.21 lbs.
• Dimensions: 0.1" x 8.5" x 11.0"