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...
Fooled by Randomness is a standalone book in Nassim Nicholas Taleb's landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don't understand. The other books in the series are The...
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?
Sommes-nous vraiment capables de distinguer le genie visionnaire de l'imbecile chanceux? Pourquoi nous obstinons-nous a vouloir trouver des messages senses dans des evenements dus au seul hasard? Et n'aurions-nous pas une facheuse tendance a ordonner le reel selon une routine...
Sommes-nous vraiment capables de distinguer le genie visionnaire de l'imbecile chanceux?Pourquoi nous obstinons-nous a vouloir trouver des messages senses dans des evenements dus au seul hasard?Et n'aurions-nous pas une facheuse tendance a ordonner le reel selon une routine mentale...