Audible obsessed lifelong learner.
This book covered much of the same ground as Taleb’s Black Swan book but still a worthwhile read on randomness. It is a good yet unsettling read since it points out we are not as in control of our environment as we would like to think.
clear, easy to understand
Almost anyone but only if the title intreags you
Taleb's style is a bit off the wall, I liked it but it is not for everyone
It questions the perceptions that are developed about the successful people are they really smart or are we sucked in by chance.
Theme characters run through the book, the book is not written as a novel, the characters are there to tie the themes together. I think they are very helpful with understanding the authors message and questioning the readers preconceived attitudes
It is the first time I have listened to the reader, he is great in his natural voice, he should not bother with accents, it is hard to do well and distracting to the listener
More interested in serious conversations that most writers fail to discuss. Would find unsubstantiated theories and comments a bore
Yes, The hindsight bias tells a lot about how we inteprete sucess and what really determines fortune.
The fact that we are more fallable than most people think and that luck plays a far more important role in our lives than we all want to beleive.
He stresses with emphasis
Nero and John
One of my personal favourites.
As the title suggests, this book will show you how easily our minds can be tricked into believing there is a cause->effect relationship where in many cases, randomness is the real cause. Using many colorful examples for every day situations as well as from examples in money and investing, you will go on a mental adventure that will bust illusions and stimulate your critical thinking muscles. When you're done you might not ever look at the world the same way again. I don't.
I've spent the first 12 years of my career doing everything this book rails against and I've come to one empirical conclusion - Nassim Taleb is correct.
This is not a book, it is a scattered disjointed collection of musings about randomness and irrational thinking with stock brokering as the central metaphor to explain all concepts. Its like he wrote down various thoughts on the toilet bowl on various days some of which the paper should have been used at said instead of being included this book. This book has no flow even when he gets off a couple of good points here and there which makes it like a rap song with a lame beat, cheezy lyrics, but a couple good one liners. Predictably Irrational, Outliers, Buyology are all you need to have heard anything Taleb mentions and these books have flow,central themes, and original material that is universally appealing rather than skewed to Wall Street.
This author and this 'diatribe' will waste your time.
The meat is about 10 pages, while the rest is pure fat. After the first hour of listening you'll be asking yourself, "So when does the book start?"
Sweeping pronouncements of all types are made with little or nothing to back them up. Poorly written. The author obviously thought he was smarter than anyone who might be of help in creating an actual book.
I enjoyed the author's "Black Swan". "Fooled by Randomness" is equally good.
Survivorship bias has fooled me more than once in real life. Trading against Gaussian math practitioners has made me boatload of money. If you know something about the business of Quants or Wall Street traders, you may find it easier to follow the author's line of thought.
This guy is eager to show us how clever he is, how may big words he can use and how ill prepared we, the readers, are to digest his pompous tripe. I quit after half the book.