Fooled by randomness.....

tantrum

K2o
Hero Member

Offline

Posts: 1427

Fooled by randomness.....

« on: October 14, 2008, 04:57:13 PM »

By Nassim Nicholas Taleb

very informative book, anyone heard about it?

Snoops- it was good to see you the other day:)


	Logged

'Imagination was given to man to compensate him for what he is not; a sense of humor to console him for what he is.'
Francis Bacon

RED-DOG

International Lover World Wide Playboy
Global Moderator
Hero Member

Offline

Posts: 47392

Re: Fooled by randomness.....

« Reply #1 on: October 14, 2008, 05:01:05 PM »

Quote from: tantrum on October 14, 2008, 04:57:13 PM

By Nassim Nicholas Taleb

very informative book, anyone heard about it?

r day:)

Some bird on a poker forum was banging on about it. She said it was very informative.


	Logged

The older I get, the better I was.

AndrewT

Global Moderator
Hero Member

Offline

Posts: 15483

Re: Fooled by randomness.....

« Reply #2 on: October 15, 2008, 04:44:23 PM »

Foled by Randomness is very good, as is his follow up The Black Swan, which is very pertinent in the turbulent financial markets right now as the book is all about the fact people don't factor in highly improbable things happening into their calculations (such as Lehman Brothers folding, or Iceland going bust) because things of that scale haven't happened in their experience.

Nassim Nicholas Taleb was on Newsnight last Friday telling everyone how all the financial guys were idiots and how he'd been telling them something like this was going to happen.


	Logged

Bongo

Hero Member

Offline

Posts: 8824

Re: Fooled by randomness.....

« Reply #3 on: October 15, 2008, 10:45:46 PM »

Randomly enough I was wondering about these books as I'd heard about them and wanted to read them. Was going to make a post to see if anyone knew the title. Off to amazon it is!


	Logged

Do you think it's dangerous to have Busby Berkeley dreams?

Pages: [1]

« previous next »