[Fooled by Randomness The Hidden Role of Chance in Life and in the Markets] Download ã Nassim Nicholas Taleb

REVIEW Õ PADDINGTONFESTIVAL.CO.UK Ó Nassim Nicholas Taleb

REVIEW Fooled by Randomness The Hidden Role of Chance in Life and in the Markets REVIEW Õ PADDINGTONFESTIVAL.CO.UK Ó Nassim Nicholas Taleb Nassim Nicholas Taleb Ó 1 FREE READ Избрана от com и “Файненшъл Таймс” за една от най добрите бизнес книги на годината “Надхитрени от случайността” незабавно се превърна в класика и вече е публикувана на 14 езика След като прочетете възхитените отзиви по долу ще осъзнаете че статутът и на светове. Yeah you see I ve just checked and most of the other reviews of this book do pretty much what I thought they would do They complain about the tone This guy is never going to win an award for modesty and he probably thinks you are stupid and have wasted your life And it gets worse like that uote from Oscar Wilde that has tormented me for years Work is the refuge of people who have nothing better to do this guy reckons that if you work for than an hour or so per day you are probably too stupid to know or deserve any betterDo you hate him yet I didn t I found him very amusing Admittedly I probably wouldn t want to be stuck beside him on a long flight somewhere but I don t really go on long flights anywhere so it doesn t make too much sense using that as a criterion for anythingLet s make a proper start I m going to tell you something about Heraclitus Probably best known for some pithy little uotes about change that he made up all by himself a very long time ago You can never stand in the same river twice All is flux Heraclitus s vision of the world was that what is important is change everything else is transitory and impermanent Bertrand Russell claims that Heraclitus came from an aristocratic family that ended up dashed agains the rocks of change and not nearly so well off The other thing you might need to know about Heraclitus was that he was known as The Obscure I was reminded constantly of Heraclitus while reading this book The author was also from a well off family that lost everything in the Lebanese War This also made him focus on change and the nature of unpredictable events Hardly surprising then that Popper is his favourite philosopher there is no ultimate truth rationality is or less prejudice everything is awaiting falsificationI have a lovehate relationship with Karl Popper I can never work out if he is incredibly na ve as Taleb proudly boasts that he is or if he is terribly profound I do like his idea that we should constantly seek to prove our most beloved theories wrong but I also think that this level of scepticism is somewhat overstated There is a line in this book in which we are informed well twice actually that Newton was proven wrong by Einstein Oh was he just I guess all those people shot through the head by guns aimed after the careful application of Newton s laws of motion suddenly came back to life again then did they I guess Neil Armstrong who got to the moon on Newtonian physics not on the front seat of one of Einstein s light rays might also have been a bit surprised at this remarkable over throwOkay I know I m nitpicking but then again Taleb does ask for it He is so contemptuous of the ignorance and foolishness of others that it does become a bit of a sport for him The one thing you can say about Taleb is that he is not like Heraclitus when it comes to being obscure He is always very clear very comprehensive and very interestingWe should now do some of the people he particularly hates And in the first rank of those he hates are probably Journalists Now it is hard not to agree with him there He sees Journalism as basically part of the entertainment industry and believes they only really go wrong when they start to think they serve some purpose beyond entertainment Then there are business people who he believes are mostly thick One of the main contentions of his book is that successful people are often successful by pure chance As such their abiding emotion should be gratitude However as he repeatedly points out we all tend to believe our successes are proof of our own genius and that it is only our failings that are the result of bad luck and chanceThis book gives a wonderful introduction to many of the fallacies we humans are all too prone to make He makes a cogent argument that we can never be purely rational because we need our emotions to short circuit the endless decision loop that each purely rational decision would involve This book is also a great introduction to probability theory without too many numbers to the theory without the calculus Some of his verbal explanations of mistakes are remarkably clear so clear they virtually jump from the pageOne of the constant themes that I found particularly interesting was that we all suffer from hindsight bias This is something I will definitely be taking from this book The idea is that because what has happened in the past has happened we think it is the only thing that could have happened and then use it to predict what will happen in the future We forget that events in the past were also the culmination of probabilistic situations that have resolved one way and not another We forget that these events could just as easily have resolved in another eually probable outcome one that merely did not occur The range of fallacies that he shows spring from this one bias is uite remarkableNow I was recommended this book by someone called Yuri and the funniest story in the book also starred someone called Yuri It is when he is discussing Stock Market people applying for jobs with him One of the things they tend to put on their CVs is that they play chess They do this because playing chess means they are both analytical and strategic These are obviously good things to be in fact I think I would like to be both of these things Since you can be both of these things just by declaring yourself to be them we shall take it as read from now on that I am both of these Taleb tends to prefer to associate with Russian Physicists not just because they think like him but also because they can give him lessons in chess and teach him to play piano When one of these new stock market trader types applies for a job and says that they play chess Taleb brings this up and then says And this is Yuri who will now continue the interview And here Yuri appears with a chess board in front of himI once watched a Russian playing a non Russian at chess The Russian spent the entire time laughing his head off after every move I don t know if it was because the moves made by his opponent were so useless that he truly found them funny or because this was all part of the psychological warfare but he did slaughter his non Russian opponent so perhaps a bit of bothThis is another book inspired by behavioural economics like Freakonomics and Predictably Irrational I m becoming a bit of a fan of behavioural economicsIf you take this book in good humour if you allow yourself to listen and not get worked up about his inappropriate tone god save us from those who complain about inappropriate tone you will learn something from this book and maybe even have a good timeAnd I can do a two word review of this book Shit Happens Indecent Exposure Indecent #1 for modesty and he probably thinks you are stupid and have wasted your life And it gets worse like that uote Defending the Heiress from Oscar Wilde that has tormented me Wild Dreams Dreams #2 for years Work is the refuge of people who have nothing better to do this guy reckons that if you work A Child of Her Own for than an hour or so per day you are probably too stupid to know or deserve any betterDo you hate him yet I didn t I Shadow Dance found him very amusing Admittedly I probably wouldn t want to be stuck beside him on a long Red Hot Reckless flight somewhere but I don t really go on long The Good Daughter Deep in the Heart Harleuin Superromance No 1142 flights anywhere so it doesn t make too much sense using that as a criterion Barons Of Texas Jill The Barons Of Texas Silhouette Desire for anythingLet s make a proper start I m going to tell you something about Heraclitus Probably best known Silent Masuerade A Woman of Mystery Book 11 Harleuin Intrigue Series #315 for some pithy little uotes about change that he made up all by himself a very long time ago You can never stand in the same river twice All is All They Need flux Heraclitus s vision of the world was that what is important is change everything else is transitory and impermanent Bertrand Russell claims that Heraclitus came The Reluctant Bride Love Inspired #18 from an aristocratic Once in a Blue Moon family that ended up dashed agains the rocks of change and not nearly so well off The other thing you might need to know about Heraclitus was that he was known as The Obscure I was reminded constantly of Heraclitus while reading this book The author was also Flying Lessons Harleuin Next from a well off The Secret Child family that lost everything in the Lebanese War This also made him Blessings of the HeartSamantha's Gift focus on change and the nature of unpredictable events Hardly surprising then that Popper is his Too Many Bosses favourite philosopher there is no ultimate truth rationality is or less prejudice everything is awaiting Long Lost Bride falsificationI have a lovehate relationship with Karl Popper I can never work out if he is incredibly na ve as Taleb proudly boasts that he is or if he is terribly profound I do like his idea that we should constantly seek to prove our most beloved theories wrong but I also think that this level of scepticism is somewhat overstated There is a line in this book in which we are informed well twice actually that Newton was proven wrong by Einstein Oh was he just I guess all those people shot through the head by guns aimed after the careful application of Newton s laws of motion suddenly came back to life again then did they I guess Neil Armstrong who got to the moon on Newtonian physics not on the The Virgin Spring front seat of one of Einstein s light rays might also have been a bit surprised at this remarkable over throwOkay I know I m nitpicking but then again Taleb does ask The Café in Fir Tree Park for it He is so contemptuous of the ignorance and Southern Cooking for Company foolishness of others that it does become a bit of a sport Exotic No More Anthropology on the Front Lines for him The one thing you can say about Taleb is that he is not like Heraclitus when it comes to being obscure He is always very clear very comprehensive and very interestingWe should now do some of the people he particularly hates And in the Exchanging the Past A Rainforest World of Before and After first rank of those he hates are probably Journalists Now it is hard not to agree with him there He sees Journalism as basically part of the entertainment industry and believes they only really go wrong when they start to think they serve some purpose beyond entertainment Then there are business people who he believes are mostly thick One of the main contentions of his book is that successful people are often successful by pure chance As such their abiding emotion should be gratitude However as he repeatedly points out we all tend to believe our successes are proof of our own genius and that it is only our Evolutionary Patterns Growth Form and Tempo in the Fossil Record failings that are the result of bad luck and chanceThis book gives a wonderful introduction to many of the Excellent Things in Women fallacies we humans are all too prone to make He makes a cogent argument that we can never be purely rational because we need our emotions to short circuit the endless decision loop that each purely rational decision would involve This book is also a great introduction to probability theory without too many numbers to the theory without the calculus Some of his verbal explanations of mistakes are remarkably clear so clear they virtually jump Faces along the Bar Lore and Order in the Workingman's Saloon 1870 1920 Historical Studies of Urban America from the pageOne of the constant themes that I Fireworks found particularly interesting was that we all suffer Fear of Diversity The Birth of Political Science in Ancient Greek Thought from hindsight bias This is something I will definitely be taking Essays on Sexual Euality from this book The idea is that because what has happened in the past has happened we think it is the only thing that could have happened and then use it to predict what will happen in the Excommunication future We Feminism and Political Theory forget that events in the past were also the culmination of probabilistic situations that have resolved one way and not another We Feminisms at a Millennium forget that these events could just as easily have resolved in another eually probable outcome one that merely did not occur The range of Folk Religion in Japan Continuity and Change The Haskell Lectures on History of Religions fallacies that he shows spring Folktales of India Folktales of the World from this one bias is uite remarkableNow I was recommended this book by someone called Yuri and the Fleet River Phoenix Poets Series funniest story in the book also starred someone called Yuri It is when he is discussing Stock Market people applying Exodus Religion Race and Nation in Early Nineteenth Century Black America for jobs with him One of the things they tend to put on their CVs is that they play chess They do this because playing chess means they are both analytical and strategic These are obviously good things to be in Forbidden History State Society and the Regulation of Sexuality in Modern Europe fact I think I would like to be both of these things Since you can be both of these things just by declaring yourself to be them we shall take it as read Forbidden Journeys Fairy Tales and Fantasies by Victorian Women Writers from now on that I am both of these Taleb tends to prefer to associate with Russian Physicists not just because they think like him but also because they can give him lessons in chess and teach him to play piano When one of these new stock market trader types applies Tredici canti del Floridoro for a job and says that they play chess Taleb brings this up and then says And this is Yuri who will now continue the interview And here Yuri appears with a chess board in Fragile Web front of himI once watched a Russian playing a non Russian at chess The Russian spent the entire time laughing his head off after every move I don t know if it was because the moves made by his opponent were so useless that he truly Flori a Pastoral Drama A Bilingual Edition found them Friends Disappear funny or because this was all part of the psychological warfare but he did slaughter his non Russian opponent so perhaps a bit of bothThis is another book inspired by behavioural economics like Freakonomics and Predictably Irrational I m becoming a bit of a From Cameroon to Paris Mousgoum Architecture in and Out of Africa fan of behavioural economicsIf you take this book in good humour if you allow yourself to listen and not get worked up about his inappropriate tone god save us Fire And Fear from those who complain about inappropriate tone you will learn something From Cottage to Bungalow Houses and the Working Class in Metropolitan Chicago 1869 1929 Chicago Architecture and Urbanism from this book and maybe even have a good timeAnd I can do a two word review of this book Shit Happens

REVIEW Fooled by Randomness The Hidden Role of Chance in Life and in the MarketsFooled by Randomness The Hidden Role of Chance in Life and in the Markets

REVIEW Fooled by Randomness The Hidden Role of Chance in Life and in the Markets REVIEW Õ PADDINGTONFESTIVAL.CO.UK Ó Nassim Nicholas Taleb Nassim Nicholas Taleb Ó 1 FREE READ н бестселър не е случайно събитие“Талеб е главният разколник на Уолстрийт Истината е че ние свързваме готовността да се рискува с абсолютния провал а способността да се възстановяваме от катастрофите – с куража Точно в това грешим И точно в това е урокът на Та. I m not certain if it was this book I read or Black Swan by the same author Importantly I was not convinced by the blurbs or the reviews that there is any great significance in which one if any of these two books you may readIt is one of those books with an interesting premise that grows steadily less interesting as you read And as I read I had the growing feeling that the book could have been conveniently summarised in a dozen and a half bullet points with a few anecdotes tacked on for amusement This naturally led me to resent both the time I spent reading it and the author for stretching a good magazine article into book lengthWhat the author has to say is interesting view spoiler at least at first after a few repetitions it starts to get a bit stale hide spoiler Frugal Innovation feeling that the book could have been conveniently summarised in a dozen and a half bullet points with a American Presidents Deportations and Human Rights Violations few anecdotes tacked on Rediscovering Our Galaxy Iau S334 for amusement This naturally led me to resent both the time I spent reading it and the author When Movements Become Parties for stretching a good magazine article into book lengthWhat the author has to say is interesting view spoiler at least at 月下夢幻譚神無夜話 6 first after a Illegal Affairs few repetitions it starts to get a bit stale hide spoiler

REVIEW Õ PADDINGTONFESTIVAL.CO.UK Ó Nassim Nicholas Taleb

REVIEW Fooled by Randomness The Hidden Role of Chance in Life and in the Markets REVIEW Õ PADDINGTONFESTIVAL.CO.UK Ó Nassim Nicholas Taleb Nassim Nicholas Taleb Ó 1 FREE READ леб и на собственото ни променливо време Куражът и героизмът са в устояването на човешките импулси и в предприемането на целенасочени и болезнени стъпки за да се подготвим за немислимото” Малкълм Гладуел автор на The Tipping Point в своя профил за Талеб в “Ню Йоркър?. Don t Be FooledThe author is a Legend in his Own Mind and he reminds the reader of his brilliance every few pages I d rather have a waxen image of me stuck repeatedly in my tiny black eyes with voodoo pins than read another book by this man Transforming Students few pages I d rather have a waxen image of me stuck repeatedly in my tiny black eyes with voodoo pins than read another book by this man


10 thoughts on “[Fooled by Randomness The Hidden Role of Chance in Life and in the Markets] Download ã Nassim Nicholas Taleb

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    REVIEW Õ PADDINGTONFESTIVAL.CO.UK Ó Nassim Nicholas Taleb Nassim Nicholas Taleb Ó 1 FREE READ [Fooled by Randomness The Hidden Role of Chance in Life and in the Markets] Download ã Nassim Nicholas Taleb Yeah you see I’ve just checked and most of the other reviews of this book do pretty much what I thought they would do Th

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    [Fooled by Randomness The Hidden Role of Chance in Life and in the Markets] Download ã Nassim Nicholas Taleb Renowned statistician George Box once said “All models are wrong but some are useful” The author of Fooled by Randomness

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    REVIEW Fooled by Randomness The Hidden Role of Chance in Life and in the Markets [Fooled by Randomness The Hidden Role of Chance in Life and in the Markets] Download ã Nassim Nicholas Taleb REVIEW Õ PADDINGTONFESTIVAL.CO.UK Ó Nassim Nicholas Taleb The modern world regards business cycles much as the ancient Egyptians regarded the overflowing of the Nile The phenomenon recurs at intervals it is of great importance to everyone and natural causes of it are not in sight John Bate

  4. says: REVIEW Fooled by Randomness The Hidden Role of Chance in Life and in the Markets Nassim Nicholas Taleb Ó 1 FREE READ REVIEW Õ PADDINGTONFESTIVAL.CO.UK Ó Nassim Nicholas Taleb

    [Fooled by Randomness The Hidden Role of Chance in Life and in the Markets] Download ã Nassim Nicholas Taleb You can't learn anything from this book; it's just a rant The author's message is an incessant din of 'I'm smart They're stupid'trading rooms were populated by peopledevoid of any introspection flat as a pancake

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    [Fooled by Randomness The Hidden Role of Chance in Life and in the Markets] Download ã Nassim Nicholas Taleb I'm not certain if it was this book I read or Black Swan by the same author Importantly I was not convinced by the blurbs o

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    REVIEW Õ PADDINGTONFESTIVAL.CO.UK Ó Nassim Nicholas Taleb Nassim Nicholas Taleb Ó 1 FREE READ REVIEW Fooled by Randomness The Hidden Role of Chance in Life and in the Markets I love the theses that he has in the book but jesus christ this is horribly writtenI think the powerful ideas could have been condensed down to a New Yorker length article 1 We tend to see the survivors; by hiding those who have failed our understanding of many systems is skewed2 Leveraged betting on conventional wisdom provides consistent returns in the short run but can explode when something weird happens his black swan idea3 You can

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    [Fooled by Randomness The Hidden Role of Chance in Life and in the Markets] Download ã Nassim Nicholas Taleb REVIEW Õ PADDINGTONFESTIVAL.CO.UK Ó Nassim Nicholas Taleb Nassim Nicholas Taleb Ó 1 FREE READ Using his trademark aphoristic bent Friedrich Nietzsche wrote “Arrogance in persons of merit affronts us than ar

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    [Fooled by Randomness The Hidden Role of Chance in Life and in the Markets] Download ã Nassim Nicholas Taleb REVIEW Õ PADDINGTONFESTIVAL.CO.UK Ó Nassim Nicholas Taleb One of my business school professors raved about this book I expected to get an entertaining and informative investment prof

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    [Fooled by Randomness The Hidden Role of Chance in Life and in the Markets] Download ã Nassim Nicholas Taleb Don't Be FooledThe author is a Legend in his Own Mind and he reminds the reader of his brilliance every few pages I'd rather have a waxen image of me stuck repeatedly in my tiny black eyes with voodoo pins than read another book by this man

  10. says: [Fooled by Randomness The Hidden Role of Chance in Life and in the Markets] Download ã Nassim Nicholas Taleb REVIEW Õ PADDINGTONFESTIVAL.CO.UK Ó Nassim Nicholas Taleb REVIEW Fooled by Randomness The Hidden Role of Chance in Life and in the Markets

    REVIEW Fooled by Randomness The Hidden Role of Chance in Life and in the Markets [Fooled by Randomness The Hidden Role of Chance in Life and in the Markets] Download ã Nassim Nicholas Taleb REVIEW Õ PADDINGTONFESTIVAL.CO.UK Ó Nassim Nicholas Taleb This is the first book of INCERTO the most polite the simplest and the best to start I feel like I should read the remaining fourat least for now again and I'd love toNassim uses a great analogy so simple that child can understand and explain a uite complex problem with statistics He also makes some laugh at people that

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  • Paperback
  • 368
  • Fooled by Randomness The Hidden Role of Chance in Life and in the Markets
  • Nassim Nicholas Taleb
  • Bulgarian
  • 23 August 2020
  • null