Incerto

4 books in series
4 out of 5 stars 993 ratings

Fooled by Randomness Summary

This audiobook is about luck, or more precisely, how we perceive and deal with luck in life and business. It is already a landmark work and its title has entered our vocabulary. In its second edition, Fooled by Randomness is now a cornerstone for anyone interested in random outcomes.

Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill, the world of trading, this audiobook is a captivating insight into one of the least understood factors of all our lives. In an entertaining narrative style, the author succeeds in tackling three major intellectual issues: the problem of induction, the survivorship biases, and our genetic unfitness to the modern word. Taleb uses stories and anecdotes to illustrate our overestimation of causality and the heuristics that make us view the world as far more explainable than it actually is.

The audiobook is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: Yogi Berra, the baseball legend; Karl Popper, the philosopher of knowledge; Solon, the ancient world's wisest man; the modern financier George Soros; and the Greek voyager Ulysses. We also meet the fictional Nero, who seems to understand the role of randomness in his professional life, but who also falls victim to his own superstitious foolishness.

But the most recognizable character remains unnamed, the lucky fool in the right place at the right time - the embodiment of the "Survival of the Least Fit". Such individuals attract devoted followers who believe in their guru's insights and methods. But no one can replicate what is obtained through chance.

It may be impossible to guard against the vagaries of the Goddess Fortuna, but after listening to Fooled by Randomness we can be a little better prepared.

©2004 Nassim Nicholas Taleb (P)2008 Gildan Media Corp
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    • Fooled by Randomness

    • The Hidden Role of Chance in Life and in the Markets
    • By: Nassim Nicholas Taleb
    • Narrated by: Sean Pratt
    • Length: 10 hrs and 1 min
    • Unabridged
    • Overall
      4.5 out of 5 stars 267
    • Performance
      4.5 out of 5 stars 200
    • Story
      4.5 out of 5 stars 197

    This audiobook is about luck, or more precisely, how we perceive and deal with luck in life and business. It is already a landmark work, and its title has entered our vocabulary. In its second edition, Fooled by Randomness is now a cornerstone for anyone interested in random outcomes.

    • 1 out of 5 stars
    • Self righteous rambling

    • By Ben Stubbens on 21-02-17

    Regular price: £19.49

    • The Black Swan

    • The Impact of the Highly Improbable
    • By: Nassim Nicholas Taleb
    • Narrated by: David Chandler
    • Length: 14 hrs and 20 mins
    • Unabridged
    • Overall
      4 out of 5 stars 427
    • Performance
      4 out of 5 stars 294
    • Story
      4 out of 5 stars 287

    Maverick thinker Nassim Nicholas Taleb had an illustrious career on Wall Street before turning his focus to his black swan theory. Not all swans are white, and not all events, no matter what the experts think, are predictable. Taleb shows that black swans, like 9/11, cannot be foreseen and have an immeasurable impact on the world.

    • 3 out of 5 stars
    • A magazine article posing as a book

    • By Peter on 05-12-08

    Regular price: £26.29

    • Skin in the Game

    • Hidden Asymmetries in Daily Life
    • By: Nassim Nicholas Taleb
    • Narrated by: Joe Ochman
    • Length: 8 hrs and 20 mins
    • Unabridged
    • Overall
      4 out of 5 stars 272
    • Performance
      4.5 out of 5 stars 231
    • Story
      4 out of 5 stars 229

    In his most provocative and practical book yet, one of the foremost thinkers of our time redefines what it means to understand the world, succeed in a profession, contribute to a fair and just society, detect nonsense, and influence others. Citing examples ranging from Hammurabi to Seneca, Antaeus the Giant to Donald Trump, Nassim Nicholas Taleb shows how the willingness to accept one's own risks is an essential attribute of heroes, saints, and flourishing people in all walks of life.

    • 5 out of 5 stars
    • Another great work by Teleb

    • By Tim on 05-03-18

    Regular price: £26.29

    • The Bed of Procrustes

    • Philosophical and Practical Aphorisms
    • By: Nassim Nicholas Taleb
    • Narrated by: Sean Pratt
    • Length: 1 hr and 41 mins
    • Unabridged
    • Overall
      4 out of 5 stars 27
    • Performance
      4.5 out of 5 stars 18
    • Story
      4 out of 5 stars 18

    By the author of the modern classic The Black Swan, this collection of aphorisms and meditations expresses his major ideas in ways you least expect. The Bed of Procrustes takes its title from Greek mythology: the story of a man who made his visitors fit his bed to perfection by either stretching them or cutting their limbs. It represents Nassim Nicholas Taleb’s view of modern civilization’s hubristic side effects.

    • 3 out of 5 stars
    • Fooled by poetry and neat rhetoric

    • By Judy Corstjens on 31-10-13

    Regular price: £13.19