Fooled By Randomness

Name: Fooled By Randomness - AXIA Books
SKU: AXDBS0987
Price: 1200 BDT
Availability: InStock

৳1,200

5 in stock

Nassim Nicholas Taleb’s “Fooled by Randomness” is a thought-provoking exploration of the role randomness plays in our lives, particularly in the context of financial markets and decision-making. Taleb, a former options trader and risk analyst, challenges the conventional wisdom that often attributes success or failure solely to skill or incompetence. The book delves into the psychological and cognitive biases that lead individuals to misinterpret random events as patterns, leading to misguided attributions of cause and effect. Taleb’s narrative is both philosophical and practical, urging readers to embrace uncertainty and recognize the inherent unpredictability of life.

Categories
Weight	0.269 kg
Written_By	Nassim Nicholas Taleb
Publisher	Penguin
Book Type	Intellect\|Non-Fiction\|Undergrad-Grad
Best For	for individuals involved in investing and trading by highlighting the role of randomness and uncertainty in financial markets.
Ages	18+
Binding	Paperback
Edition	Latest edition (3 May 2007)
Isbn	978-0141031484
Language	English
Pages	269
Printing Remarks	Imported
Dimension	12.9 x 2.1 x 19.8 cm
Weight	0.269 kg

SKU: AXDBS0987 Categories: Finance & Economics, Philosophy Tags: Non-Fiction, Undergrad-Grad

“Fooled by Randomness” not only critiques the financial industry’s reliance on flawed models but also serves as a broader meditation on the human tendency to construct narratives to explain outcomes. Taleb introduces the concept of “black swans” – rare, unpredictable events with profound consequences – urging readers to prepare for the unexpected rather than assuming predictability in complex systems. The book’s enduring relevance lies in its ability to provoke introspection about decision-making processes, encouraging individuals to cultivate humility, resilience, and an awareness of the role randomness plays in shaping our lives and the world around us.