Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

"Finally in paperback, here is the word-of-mouth sensation that will change the way you think about business and the world. This book is about luck: more precisely, about how we perceive luck in our personal and professional experiences. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill - the markets - Fooled by Randomness is an irreverent, iconoclastic, eye-opening, and endlessly entertaining multidisciplinary exploration of one of the least understood forces in all of our lives. "--Jacket.