![]() ![]() ![]() We're very easy to attribute to skill what is due to luck. Easy and entertaining to read, interesting fictional stories, solid ideas rooted in Taleb's experience as a trader, educational and connected with scientific foundations. Should you read it? □ I found it to be a good return on investment. One-sided VS full-scoped? ⛔️ the author has a clear and divise opinion Return on investment of reading? ✅ easy to read book ![]() Mental model? ✅ it includes many ideas that add to your mental models Further, it will give you many financial market examples of how we are mis-influenced, misguided and, in some cases, ruined by randomness.Ĭomprehensive? ✅ cases are solid for the theses presented What you get from it : if you're new to matters of human biases and uncertainty, this book will give you understanding of standard human limitations when making decisions. It's an easy read with depth of concepts and stories. Why read it : to understand how much uncertainty is pervasive and invisible and how easy it is to be mistaken when dealing with matters of probability. It uncovers human flaw and lets us be better knowing that. Summary: Fooled By Randomness covers how uncertainty, lack of probabilistic acumen and overall human limitations hinders our capability of forecasting, thinking about the future and past and ultimately making decisions. ![]()
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