![]() ![]() This is more true in industries that rely heavily on chance, such as investing, than it is for professions like carpentry or medicine that are built more on perseverance and skill. ![]() In Fooled by Randomness, Nassim Taleb argues that wild success, the kind that comes with outsized wealth and lasting fame, is usually due to luck: a fortunate rare event plus a lack of negative rare events. But skill will generally only earn a person moderate success. Usually, when we see someone fabulously successful, we attribute her success to skill. Nassim Taleb: Why Wild Success Is Due to Luck, Not Skill ![]() In this book, Taleb examines the outsized role luck plays in success, how and why people don’t generally understand luck, and how we can accommodate randomness in our lives once we’re aware of it.īelow is a brief overview of the key points. What is Nassim Taleb’s Fooled by Randomness about? What role does luck or randomness play in success?įooled by Randomness is the first work in a five-book series exploring randomness by bestselling author and former options trader Nassim Nicholas Taleb. Like this article? Sign up for a free trial here. Shortform has the world's best summaries and analyses of books you should be reading. This article is an excerpt from the Shortform book guide to "Fooled By Randomness" by Nassim Nicholas Taleb. ![]()
0 Comments
Leave a Reply. |