However, the most recognizable character of all remains unnamed - the lucky fool who happens to be in the right place at the right time - he embodies the 'survival of the least fit.' Such individuals attract devoted followers who believe in their guru's insights and methods. We also meet the fictional Nero, who seems to understand the role of randomness in his professional life but falls victim to his own superstitious foolishness. The book is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: the baseball legend Yogi Berra the philosopher of knowledge Karl Popper the ancient world’s wisest man, Solon the modern financier George Soros and the Greek voyager Odysseus. Writing in an entertaining narrative style, the author tackles major intellectual issues related to the underestimation of the influence of happenstance on our lives. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill - the world of trading - Fooled by Randomness provides captivating insight into one of the least understood factors in all our lives. This book is about luck - or more precisely, about how we perceive and deal with luck in life and business. Fooled by Randomness is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand.
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