Book Review: Fooled by Randomness

Every body wants to be succesful in his/her life. But what are the reasons that some of us more succesful then our counterparts? Is it really down to skill, knowledge and stratergy or some thing altogether unpredictable? Black Swan the name give by the author Nassim Nicholas Taleb. After reading Black Swan I found fooled my randomness is also worth a read for the people who are associated with markets.

The book will definately challange the way you think about business and the world.More precisely its the factor called luck, how we percieve luck in our personal and proffesional experiences. Its more obvious in the markets we hear an enterpreneur has ‘vision’ or a trader is ‘talented’. but all too often thier performances is down to chance rather than skill, its becoz we fail to understand probability that we continue to believe events are non-random, finding reasons where none exits.

As a trader I loved the way the chapers are constructed in the book.