{"product_id":"fooled-by-randomness-the-hidden-role-of-chance-in-life-and-in-the-markets-5","title":"Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets","description":"Selected by Amazon.com and the Financial Times as one of the best business books of the year, Fooled by Randomness is an instant classic. Its uniqueness has drawn a wide following—from the New Yorker to the Pentagon. Already published in 14 languages, this new edition, expanded by over 80 pages, includes up-to-date advances from behavioral finance and cognitive science. This book asks whether it is luck—or more precisely, how we perceive and deal with luck—in life and business. It is a landmark work, and its title has entered our vocabulary. In this second edition, Fooled by Randomness is 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—Fooled by Randomness offers a captivating insight into one of the least understood factors in our lives. Writing in an entertaining and narrative style, the author tackles three major intellectual challenges: the problem of induction, survivorship bias, and our genetic unfitness for the modern world. Through stories and anecdotes, Taleb illustrates our overestimation of causality and the heuristics that make us view the world as far more explainable than it actually is. Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? It may be impossible to guard ourselves against the vagaries of Fortuna, but after reading Fooled by Randomness we can be a little better prepared.","brand":"Thryft Singapore","offers":[{"title":"Like New","offer_id":51668582400281,"sku":"HG4521","price":16.9,"currency_code":"SGD","in_stock":false},{"title":"Very Good","offer_id":51668582433049,"sku":"HG4521","price":13.9,"currency_code":"SGD","in_stock":false},{"title":"Good","offer_id":51668582465817,"sku":"HG4521","price":11.9,"currency_code":"SGD","in_stock":false},{"title":"Well Read","offer_id":51668582498585,"sku":"HG4521","price":10.9,"currency_code":"SGD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0110\/0598\/4849\/files\/1215485.jpg?v=1763731579","url":"https:\/\/thryft.sbs\/products\/fooled-by-randomness-the-hidden-role-of-chance-in-life-and-in-the-markets-5","provider":"Thryft","version":"1.0","type":"link"}