Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
Product DescriptionSelected by Amazon. com and the Financial Times as one of the best business books of the year, Fooled by Randomness is an instant classic. It’s uniqueness has drawn to it a wide following – from the New Yorker to the Pentagon. Already published in 14 languages, this new edition, expanded by over 80 pages, includes up-to-date advances from behavioral finance and cognitive science This book is about luck – or more precisely how we perceive and deal with luck in life and business. It is already a landmark work and its title has entered our vocabulary. In its second edition, Fooled by Randomness is now a cornerstone for anyone interested in random outcomes. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill – the world of trading – Fooled by Randomness is a captivating insight into one of the least understood factors of all our lives. Writting in an entertaining and narrative style, the author succeeds in tack. . . More >>
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
Sunday, 31. January 2010 21:01
This is book is a total waste of time. It just a lot of gibberish and doesn’t make for an interesting read. The peoples that rated this anything above 1 star a delusional and sleeping with the author!
Rating: 1 / 5
Sunday, 31. January 2010 21:09
by far my top 10 favorite investing books.
what did i learn?
only invest when your probablity of winning is good and the risk-reward ratio is skewed in your favor.
if you made quick easy money, it could be that you just got lucky.
why do i like it?
its a philosophical look at investing that easy to follow and understand.
Rating: 5 / 5
Monday, 1. February 2010 0:08
Eye-opening, interesting, against the grain. An educational and entertaining read.
Rating: 4 / 5
Monday, 1. February 2010 3:03
Nothing earth shattering here, but author has good ideas and information in book is definitely usefull.
Rating: 3 / 5
Monday, 1. February 2010 4:33
A serious bit of fermented sour grapes by someone who is jealous of anyone who made money during the 1990’s. The whole book is based on the idea that if you place enough monkeys in front of enough typewriters for long enough, eventually one will produce the Iliad. Therefore, no performance, or even a series of performances, can be the results of anything but chance. There is no value in studying the past of anything, everything is random and nothing about the past can provide any insight into the future. Spend your money on something by Paul Krugman.
Rating: 1 / 5