// archives

markets

This tag is associated with 1 posts

Fooled by Randomness [Nassim Nicholas Taleb]

nassim nicholas taleb, the improbable best selling author of the black swan believes that success is illusionary (at times it seems he believes everything is illusionary – it’s all random, all luck!). his main thesis is that luck is often behind what we normally perceive to be success and that humans are hard-wired to under-estimate the role that randomness plays via various biases.