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Summary of Nassim Nicholas Taleb's Fooled By Randomness by Swift Reads
- Narrated by: Richard Webb
- Length: 28 mins
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Summary
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets (2001) explains how humans routinely underestimate the role luck plays in determining outcomes. This failure to account for uncertainty can lead someone to attribute meaning to a result where none exists, or to overlook the probability of a rare but cataclysmic event....
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