I recently finished reading the book "Fooled by Randomness" by Prof Nassim Nicholas Taleb. This book is about how people are fooled by random events and attribute to skill, things that could have happened by chance alone. By the time you are through with the book, it leaves you with a feeling that everything is random, specially in the financial markets!
Good thing that I read the second edition where the good Prof had clarified that its just "more" random than you think, otherwise I am sure that I even I would have thought that its all pure luck and skill doesnt matter at all.
Maybe I need to read the book again... but what do other people who have read this book feel about it?
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This blog is about books that I have read, thoughts on value investing and innovation.
1 comment:
one of the best books I have ever read. Practical, Scientific and Original. Even I've planned a second read. Its worth that.
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