Posts Tagged ‘fooled by randomness’

Book Review: Fooled by Randomness

Book Review: Fooled by Randomness

By The Banker | Book Reviews, How Not To Invest, Wall Street

Nassim Nicholas Taleb’s book should come with a warning on the cover: “If you are turned off by an arrogant, attacking, argumentative style, you will miss one of the best set of ideas on markets and investing in the last 20 years.”[1] Now that I have given you, slyly, the same warning, let me emphasize [&hellip

Book Review: Black Swan - The Impact Of The Highly Improbable

Book Review: Black Swan – The Impact Of The Highly Improbable

By The Banker | Book Reviews, How Not To Invest

The “Black Swan,” of Nicholas Nassim Taleb’s title, describes an event that occurs completely outside expectations, has an enormous impact on future developments, and can be explained only in hindsight as predictable. Further, Taleb argues that despite the fact that we are blind to their imminent arrival ahead of time, Black Swans drive the world [&hellip