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Showing posts with label investing. Show all posts
Showing posts with label investing. Show all posts

Saturday, April 24, 2010

Fooled by Randomness

By Nassim Taleb.

I originally picked up the Black Swan a year or so ago, found Taleb's writing style difficult and put it down. I came across a reference to Taleb again recently and decided to try Fooled by Randomness. Again, the style is difficult - I personally think he would have benefitted by having a rigorous editor (like a lawyer - though I get the feeling that suggestion would horrify him). I keep feeling like he is dancing around the point in each paragraph instead of just saying it. That's not totally fair, it is not every paragraph, just a lot of them.

His idea that there is a lot of randomness in the world is well taken (as is his point that no one who is successful wants to attribute any of it to randomness).

Pretty well done review here and another here.

I am still reading it, so I will have more to say later.

Taleb's homepage here.

Buy it here.