I think no matter what stage you are in your life, this book will give you insight into a great deal of how the world turns. It may suck a little of the magic out of things, because I think part of human is our belief in false patterns. But it will educate you highly.
Tour of history and essential problems of statistics, doesn't provide much in the way of real world guidance other that to remind one of how fallible we are as a species. That made it sound boring, which it is not. The telling of history is entertaining, and the problems discussed should astonish someone who does not has extensive training in statistics or psychology (like me!).
I don't think you need a background in probability or statistics to enjoy this book. There are no equations or theories to ponder. I do have a little background in the field and was already skeptical about human perception of the subject matter. This book, however, put real examples to my skepticism. I thoroughly enjoyed the examples and the explanations.
This is one of the few audiobooks I plan to re-read.
Say something about yourself!
If I had this book in my college time, I could have easily opted for math and probability theory, instead of Economics and languages! Beautifully written and nicely narrated story, by a man, who can easily explain his subject after three pints of beer to his dog and she'd understand him... which means: he knows the matter from the bottom of his heart and loves it. And, yes, this is the only book I've seen, fully devoted to math without a single formula in it, which I find just great!
I enjoyed listening to this book because it pointed out the misconceptions that we encounter in every day life in terms of understanding success, luck, and chance. Be aware: some parts of this book tend to "read" a bit like a statistics text book.
For folks who take oneself too seriously this will open a light on to the true causes of success and failure. A brilliant book , one of the best ever.
Thorough and fun examples, prowoking and eye-opening.
"The black swan", only well written, and without the arrogance of Taleb.
Audio books - who cares how long you're sitting in peak hour traffic?
This is one of the most interesting books I've "read" in the last year. Interesting enough that I recently listened to it again. The arguments are well presented and the examples are fascinating. Definitely worth it!
The first half of this book is very informative and very entertaining at the same time. It is a history of the science of probability with many interesting anecdotes and background stories. If you like listening to the Malcolm Gladwell books, then you should enjoy this book. The second half of the book goes into a lot more detail about normal distributions and standard deviations, which is more difficult to comprehend while driving, but is still informative.
The statistical analysis of investment fund managers compared to the general performance of the stock market showed that the fund managers' performance follows a normal distribution, suggesting that all of their fund returns are base more on chance than on talent.
This book was similar to the author's book "Subliminal", and he uses some of the same source material. I highly recommend that book, too.