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

Book Review

«Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets» by Nassim Nicholas Taleb has received widespread acclaim for its profound analysis of the role of randomness in our lives. Taleb argues that people tend to underestimate the impact of random events and overestimate their own abilities and achievements. Critics note that the author masterfully combines scientific research, philosophical reflections, and personal anecdotes to show how randomness affects financial markets, business, and everyday life. Some reviewers highlight that the book prompts reflection on how much our successes and failures depend on factors beyond our control. However, there are critics who feel that Taleb can be overly categorical in his conclusions and uses complex language, which may make it challenging for a broad audience to understand. Overall, the book is highly praised for its originality and provocative perspective on the nature of success and failure.