The book focuses on the extreme impact of rare and unpredictable outlier events — and the human tendency to find simplistic explanations for these events, retrospectively. It was published in 2007, by author and former options trader Nassim Nicholas Taleb.
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets is a book that deals with the fallibility of human knowledge. Nassim Nicholas Taleb explains how we delude ourselves into thinking untrue things due to our …
Philosophical and Practical Aphorisms
Things that Gain from Disorder. We discuss the concepts of things that thrive and grow when exposed to volatility.
Hidden Asymmetries in Daily Life. Having a measurable risk when taking a major decision -- is necessary for fairness, commercial efficiency, and risk management, as well as being necessary to understand the world.