Fooled by Randomness The Hidden Role of Chance in Life and in the Markets

"[Taleb is] Wall Street's principal dissident. . . . [Fooled By Randomness] is to conventional Wall Street wisdom approximately what Martin Luther's ninety-nine theses were to the Catholic Church." Malcolm Gladwell,The New Yorker Finally in paperback, the word-of-mouth sensation that will change the way you think about the markets and the world.This book is about luck: more precisely how we perceive luck in our personal and professional experiences. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skillthe world of businessFooled by Randomnessis an irreverent, iconoclastic, eye-opening, and endlessly entertaining exploration of one of the least understood forces in all of our lives. From the Trade Paperback edition.

Nassim Nicholas Taleb is the Dean's Professor in the Sciences of Uncertainty at the Isenberg School of Management of the University of Massachusetts at Amherst.