Fooled by Randomness: the hidden role of chance in life and in the markets
(eAudiobook)

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Contributors:
Published:
[United States] : Ascent Audio, 2008.
Format:
eAudiobook
Edition:
Unabridged.
Content Description:
1 online resource (1 audio file (10hr., 07 min.)) : digital.
Status:
Description

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.

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Language:
English
ISBN:
9781469087993, 1469087995

Notes

Restrictions on Access
Instant title available through hoopla.
Participants/Performers
Read by Sean Pratt.
Description
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.
System Details
Mode of access: World Wide Web.
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Citations
APA Citation (style guide)

Taleb, N. N., & Pratt, S. (2008). Fooled by Randomness: the hidden role of chance in life and in the markets. Unabridged. [United States], Ascent Audio.

Chicago / Turabian - Author Date Citation (style guide)

Taleb, Nassim Nicholas and Sean, Pratt. 2008. Fooled By Randomness: The Hidden Role of Chance in Life and in the Markets. [United States], Ascent Audio.

Chicago / Turabian - Humanities Citation (style guide)

Taleb, Nassim Nicholas and Sean, Pratt, Fooled By Randomness: The Hidden Role of Chance in Life and in the Markets. [United States], Ascent Audio, 2008.

MLA Citation (style guide)

Taleb, Nassim Nicholas, and Sean Pratt. Fooled By Randomness: The Hidden Role of Chance in Life and in the Markets. Unabridged. [United States], Ascent Audio, 2008.

Note! Citation formats are based on standards as of July 2022. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
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4be2f0e8-5007-8d8d-942e-25dbc3707e7b
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Hoopla Extract Information

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dateLastUpdatedJan 14, 2023 08:04:48 PM

Record Information

Last File Modification TimeJan 04, 2024 04:01:15 PM
Last Grouped Work Modification TimeMar 28, 2024 08:38:41 PM

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