000 01412 a2200265 4500
999 _c1914
_d1914
003 OSt
005 20191017142138.0
008 191017b ||||| |||| 00| 0 eng d
020 _a978-0-141-03148-4
040 _cIZA
100 _aTaleb, Nassim Nicholas
_94963
245 _aFooled by Randomness: The Hidden Role of Chance in Life and in the Markets
260 _aLondon et al.,
_bPenguin,
_c2007
300 _a315 pages
520 _aEveryone wants to succeed in life. But what causes some of us to be more successful than others? Is it really down to skill and strategy - or something altogether more unpredictable? This book is the bestselling sensation that will change the way you think about business and the world. It is all about luck: more precisely, how we perceive luck in our personal and professional experiences. Nowhere is this more obvious than in the markets - we hear an entrepreneur has 'vision' or a trader is 'talented', but all too often their performance is down to chance rather than skill. It is only because we fail to understand probability that we continue to believe events are non-random, finding reasons where none exist.
653 _asocial science
653 _aMonte Carlo simulation
653 _arisk management
653 _adecision
653 _auncertainty
653 _arandom walks
653 _ainvestments
653 _achance
942 _2ddc
_cBO