Fooled by Randomness by Nassim Nicholas Taleb examines the profound role of chance and randomness in shaping events, decisions, and success in life and markets. Taleb argues that humans often mistake luck for skill, overlooking the randomness that drives outcomes, especially in fields like finance and business. Through engaging anecdotes and rigorous analysis, he highlights cognitive biases that cloud judgment and offers insights into better understanding uncertainty. The book challenges readers to rethink their assumptions about cause and effect, encouraging a more skeptical and informed approach to decision-making in an unpredictable world.
