Fooled by RandomnessThe Hidden Role of Chance in Life and in the Markets (Incerto)
Nassim Nicholas Taleb - 2005-08-23 (first published in 2001)
C.) explores the role of luck and randomness in investing and financial markets. He argues that people tend to underestimate the impact of randomness on success and failure, and warns against relying on predictions and forecasts when making investment decisions. With a mix of anecdotes, philosophy, and practical advice, Fooled by Randomness presents a thought-provoking perspective on the nature of uncertainty and our own biases. It's a must-read for anyone interested in finance, investing, or decision-making in general.