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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 is a book by Nassim Nicholas Taleb that deals with the fallibility of human knowledge.

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Although the author can come across as condescending, the book is insightful and presents diverse thinking from a wide array of disciplines, from statistics to behavioral economics to finance to the study of human nature. Worth reading.

One of the most unorthodox books, which challenges the correctness of already established laws and forces US to think of the other side, which we generally tend to ignore. Loved it , although for non-economic readers, sometimes it can be little difficult to understand but most of the examples are taken from simple situations which are easy to understand.

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