Reading Fooled by Randomness | Alexandria
Read Fooled by Randomness by Nassim Nicholas Taleb. Exposing the dangerous illusion of skill in a random world, "Fooled by Randomness" reveals how success often hinges more on luck than expertise. Taleb shows why the most confident market experts are usually the most fooled, and why taxi drivers may grasp probability better than economists. His key insight? We systematically underestimate randomness while overrating our abilities.