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Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
- Incerto, Book 1
- Narrated by: Joe Ochman
- Length: 8 hrs and 57 mins
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The Black Swan, Second Edition: The Impact of the Highly Improbable: With a new section: "On Robustness and Fragility"
- Incerto, Book 2
- Written by: Nassim Nicholas Taleb
- Narrated by: Joe Ochman
- Length: 15 hrs and 48 mins
- Unabridged
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Overall
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Performance
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Story
A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable, than it was. The astonishing success of Google was a black swan; so was 9/11. For Nassim Nicholas Taleb, black swans underlie almost everything about our world, from the rise of religions to events in our own personal lives. Elegant, startling, and universal in its applications, The Black Swan will change the way you look at the world.
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Worthy of a reread
- By Anonymous User on 2019-03-16
Written by: Nassim Nicholas Taleb
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Fooled by Randomness
- The Hidden Role of Chance in Life and in the Markets
- Written by: Nassim Nicholas Taleb
- Narrated by: Sean Pratt
- Length: 10 hrs and 3 mins
- Unabridged
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This audiobook is about luck, or more precisely, how we perceive and deal with luck in life and business. It is already a landmark work, and its title has entered our vocabulary. In its second edition, Fooled by Randomness is now a cornerstone for anyone interested in random outcomes.
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9 hours of mindless blabbering
- By Bryden Panchyshyn on 2019-04-04
Written by: Nassim Nicholas Taleb
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A Human History of Emotion
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In A Human History of Emotion, Richard Firth-Godbehere takes listeners on a fascinating and wide ranging tour of the central and often under-appreciated role emotions have played in human societies around the world and throughout history — from Ancient Greece to Gambia, Japan, the Ottoman Empire, the United States, and beyond.
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changed how i saw the world
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Written by: Richard Firth-Godbehere
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The Art of the Good Life
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Since antiquity, people have been asking themselves what it means to live a good life. How should I live? What constitutes a good life? Find out.The Art of the Good Life is a toolkit designed for practical living. Here you'll find 52 happiness hacks - from guilt-free shunning of technology to gleefully paying your parking tickets - that are certain to optimize your happiness. These tips may not guarantee you a good life, but they'll give you a better chance (and that's all any of us can ask for).
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Are you a white islamophobe who loves paying taxes? This book is for you
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The Stuff of Thought
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In The Stuff of Thought, Steven Pinker marries two of the subjects he knows best: language and human nature. The result is a fascinating look at how our words explain our nature. What does swearing reveal about our emotions? Why does innuendo disclose something about relationships? Pinker reveals how our use of prepositions and tenses taps into peculiarly human concepts of space and time, and how our nouns and verbs speak to our notions of matter.
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It’s not in Steven Pinkers written words
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Written by: Steven Pinker
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Weird
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- Narrated by: Renata Friedman
- Length: 9 hrs
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Most of us have at some point in our lives felt like an outsider, sometimes considering ourselves "too weird" to fit in. Growing up as a Russian immigrant in West Texas, Olga Khazan always felt there was something different about her. This feeling has permeated her life, and as she embarked on a science writing career, she realized there were psychological connections between this feeling of being an outsider and both her struggles and successes later in life.
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Everybody is weird
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Written by: Olga Khazan
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The Black Swan, Second Edition: The Impact of the Highly Improbable: With a new section: "On Robustness and Fragility"
- Incerto, Book 2
- Written by: Nassim Nicholas Taleb
- Narrated by: Joe Ochman
- Length: 15 hrs and 48 mins
- Unabridged
-
Overall
-
Performance
-
Story
A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable, than it was. The astonishing success of Google was a black swan; so was 9/11. For Nassim Nicholas Taleb, black swans underlie almost everything about our world, from the rise of religions to events in our own personal lives. Elegant, startling, and universal in its applications, The Black Swan will change the way you look at the world.
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Worthy of a reread
- By Anonymous User on 2019-03-16
Written by: Nassim Nicholas Taleb
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Fooled by Randomness
- The Hidden Role of Chance in Life and in the Markets
- Written by: Nassim Nicholas Taleb
- Narrated by: Sean Pratt
- Length: 10 hrs and 3 mins
- Unabridged
-
Overall
-
Performance
-
Story
This audiobook is about luck, or more precisely, how we perceive and deal with luck in life and business. It is already a landmark work, and its title has entered our vocabulary. In its second edition, Fooled by Randomness is now a cornerstone for anyone interested in random outcomes.
-
-
9 hours of mindless blabbering
- By Bryden Panchyshyn on 2019-04-04
Written by: Nassim Nicholas Taleb
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A Human History of Emotion
- How the Way We Feel Built the World We Know
- Written by: Richard Firth-Godbehere
- Narrated by: Richard Firth-Godbehere
- Length: 11 hrs and 37 mins
- Unabridged
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Overall
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Performance
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In A Human History of Emotion, Richard Firth-Godbehere takes listeners on a fascinating and wide ranging tour of the central and often under-appreciated role emotions have played in human societies around the world and throughout history — from Ancient Greece to Gambia, Japan, the Ottoman Empire, the United States, and beyond.
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changed how i saw the world
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Written by: Richard Firth-Godbehere
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The Art of the Good Life
- 52 Surprising Shortcuts to Happiness, Wealth, and Success
- Written by: Rolf Dobelli
- Narrated by: Keith Wickham
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Since antiquity, people have been asking themselves what it means to live a good life. How should I live? What constitutes a good life? Find out.The Art of the Good Life is a toolkit designed for practical living. Here you'll find 52 happiness hacks - from guilt-free shunning of technology to gleefully paying your parking tickets - that are certain to optimize your happiness. These tips may not guarantee you a good life, but they'll give you a better chance (and that's all any of us can ask for).
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Are you a white islamophobe who loves paying taxes? This book is for you
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Written by: Rolf Dobelli
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The Stuff of Thought
- Language as a Window into Human Nature
- Written by: Steven Pinker
- Narrated by: Dean Olsher
- Length: 9 hrs and 36 mins
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Overall
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Performance
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Story
In The Stuff of Thought, Steven Pinker marries two of the subjects he knows best: language and human nature. The result is a fascinating look at how our words explain our nature. What does swearing reveal about our emotions? Why does innuendo disclose something about relationships? Pinker reveals how our use of prepositions and tenses taps into peculiarly human concepts of space and time, and how our nouns and verbs speak to our notions of matter.
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It’s not in Steven Pinkers written words
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Written by: Steven Pinker
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Weird
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Overall
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Most of us have at some point in our lives felt like an outsider, sometimes considering ourselves "too weird" to fit in. Growing up as a Russian immigrant in West Texas, Olga Khazan always felt there was something different about her. This feeling has permeated her life, and as she embarked on a science writing career, she realized there were psychological connections between this feeling of being an outsider and both her struggles and successes later in life.
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Everybody is weird
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How to Have Impossible Conversations
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In How to Have Impossible Conversations, Peter Boghossian and James Lindsay guide you through the straightforward, practical, conversational techniques necessary for every successful conversation—whether the issue is climate change, religious faith, gender identity, race, poverty, immigration, or gun control. Boghossian and Lindsay teach the subtle art of instilling doubts and opening minds.
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Excellent toolkit for polarized times
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Making It All Work
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The companion to the blockbuster best seller, Getting Things Done. Since its publication in 2001, Getting Things Done has become, as Time magazine put it, "the defining self-help business book" of the decade. Having inspired millions of readers/listeners around the world, it clearly spoke to an urgent need in an increasingly time-pressured society. Now, in the highly anticipated sequel Making It All Work, Allen unlocks the full power of his methods across the entire span of life and work.
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Great supplement to GTD to put things together.
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A compassionate and captivating examination of evolving attitudes toward mental illness throughout history and the fight to end the stigma. For centuries, scientists and society cast moral judgments on anyone deemed mentally ill, confining many to asylums. In Nobody’s Normal, anthropologist Roy Richard Grinker chronicles the progress and setbacks in the struggle against mental-illness stigma - from the 18th century, through America’s major wars, and into today’s high-tech economy.
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The incredible true story of the card-counting mathematics professor who taught the world how to beat the dealer and, as the first of the great quantitative investors, ushered in a revolution on Wall Street.
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The Most Important and Useful Book of My Life
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Chaos Kings
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There’s no doubt that our world has gotten more extreme. Pandemics, climate change, superpower rivalries, cyberattacks, political radicalization—virtually, everywhere we look there is mayhem bearing down on us, putting trillions of assets at risk. And at least two factions have formed around how to respond. In Chaos Kings, Scott Patterson depicts how one faction, led by Nassim Nicholas Taleb, bestselling author of The Black Swan, believes humans can never see the big disaster coming.
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Supported by meticulous research and told in a lively, accessible voice, Ten Tomatoes That Changed the World seamlessly weaves travel, history, humor, and a little adventure (and misadventure) to follow the tomato's trail through history. A fascinating story complete with heroes, con artists, conquistadors, and—no surprise—the Mafia, this book is a mouth-watering, informative, and entertaining guide to the food that has captured our hearts for generations.
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A story about botany, genetics, business and pizza
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George Lucas
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On May 25, 1977, a problem-plagued, budget-straining, independent science-fiction film opened in a mere 32 American movie theatres. Conceived, written, and directed by a little-known filmmaker named George Lucas, Star Wars reinvented the cinematic landscape, ushering in a new way for movies to be made, marketed, and merchandised. Simply put, George Lucas is one of the most influential filmmakers of the past 50 years.
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Very interesting book
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The Craft
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Founded in London in 1717 as a way of binding men in fellowship, Freemasonry proved so addictive that within two decades it had spread across the globe. Masonic influence became pervasive. Under George Washington, the Craft became a creed for the new American nation. Masonic networks held the British empire together. Under Napoleon, the Craft became a tool of authoritarianism and then a cover for revolutionary conspiracy. Both the Mormon Church and the Sicilian mafia owe their origins to Freemasonry.
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Game Changers
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The best-selling author of Head Strong and The Bulletproof Diet answers the question, “How can I kick more ass at life?” by culling the wisdom of world-class thought leaders, maverick scientists, and disruptive entrepreneurs to provide proven techniques for becoming happier, healthier, and smarter.
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Definitely not game changing.
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Mastering the Market Cycle
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The legendary investor shows how to identify and master the cycles that govern the markets. We all know markets rise and fall, but when should you pull out, and when should you stay in? The answer is never black or white, but is best reached through a keen understanding of the reasons behind the rhythm of cycles. Confidence about where we are in a cycle comes when you learn the patterns of ups and downs that influence not just economics, markets and companies, but also human psychology and the investing behaviors that result.
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Good review on market cycles...
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After a few billion years of bearing witness to life on Earth, of watching 100 billion humans go about their day-to-day lives, of feeling unbelievably lonely, and of hearing its own story told by others, the Milky Way would like a chance to speak for itself. All 100 billion stars and 50 undecillion tons of gas of it. It all began some 13 billion years ago, when clouds of gas scattered through the universe's primordial plasma just could not keep their metaphorical hands off each other. They succumbed to their gravitational attraction, and the galaxy we know as the Milky Way was born.
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expansive!
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The Basic Laws of Human Stupidity
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- Length: 54 mins
- Unabridged
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Throughout history, a powerful force has hindered the growth of human welfare and happiness. It is more powerful than the Mafia or the military. It has global catastrophic effects and can be found anywhere from the world's most powerful boardrooms to your local bar. It is human stupidity. Carlo M. Cipolla, noted professor of economic history at the UC Berkeley, created this vitally important book in order to detect and neutralize its threat.
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Repetitive
- By Anonymous User on 2023-02-22
Written by: Carlo M. Cipolla, and others
Publisher's Summary
Fooled by Randomness is a stand-alone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the series are The Black Swan, Antifragile, Skin in the Game, and The Bed of Procrustes.
Fooled by Randomness is the word-of-mouth sensation that will change the way you think about business and the world. Nassim Nicholas Taleb - veteran trader, renowned risk expert, polymathic scholar, erudite raconteur, and New York Times best-selling author of The Black Swan - has penned a modern classic that turns on its head what we believe about luck and skill.
This book is about luck - or more precisely, about how we perceive and deal with luck in life and business. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill - the world of trading - Fooled by Randomness provides captivating insight into one of the least understood factors in all our lives. Presented in an entertaining narrative style, the author tackles major intellectual issues related to the underestimation of the influence of happenstance on our lives.
The book is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: the baseball legend Yogi Berra; the philosopher of knowledge Karl Popper; the ancient world’s wisest man, Solon; the modern financier George Soros; and the Greek voyager Odysseus. We also meet the fictional Nero, who seems to understand the role of randomness in his professional life but falls victim to his own superstitious foolishness.
However, the most recognizable character of all remains unnamed - the lucky fool who happens to be in the right place at the right time - he embodies the “survival of the least fit”. Such individuals attract devoted followers who believe in their guru’s insights and methods. But no one can replicate what is obtained by chance.
Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? It may be impossible to guard ourselves against the vagaries of the goddess Fortuna, but after listening to Fooled by Randomness, we can be a little better prepared.
Includes bonus pdf of tables and figures.
Praise for Fooled by Randomness:
Named by Fortune One of the Smartest Books of All Time
A Financial Times Best Business Book of the Year
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
What the critics say
“[Fooled by Randomness] is to conventional Wall Street wisdom approximately what Martin Luther’s ninety-five theses were to the Catholic Church.” (Malcolm Gladwell, author of Blink)
“We need a book like this ...fun to read, refreshingly independent-minded.” (Robert J. Shiller, author of Irrational Exuberance)
“Recalls the best of scientist/essayists like Richard Dawkins...and Stephen Jay Gould.” (Michael Schrage, author of Serious Play: How the World’s Best Companies Simulate to Innovate)
“Powerful...loaded with crackling little insights [and] extreme brilliance.” (National Review)
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What listeners say about Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
Average Customer RatingsReviews - Please select the tabs below to change the source of reviews.
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- Al
- 2019-04-19
Excellent book with a great narrator.
this book, and the entire series, has helped to shape my thinking. i especially love Joe Ochmans reading.
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3 people found this helpful
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- Erik
- 2023-03-16
Excellent book
Excellent book. I will gladly recommend to my friends and family. It is illustrated with many daily life examples. Enjoy it.
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- Lisa B.
- 2022-05-08
Rambling musings in need of an editor
I decided to listen to this audiobook because it is so highly recommended by many well regarded investors. I was disappointed to find it rambling and filled with stories and anecdotes that often seem to be provided to show off the author’s knowledge of various subjects. That it took over 8 hours to convey the simple idea that randomness plays a much larger role in life and the markets than usually given credit for speaks to the author’s enjoyment of hearing his own voice and the striking need for an editor. Many of the ideas have been better expressed elsewhere. I shudder to think that his other books are also well regarded and might be equally rambling and self flagellating.
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- Yousuf J.
- 2021-12-06
Yes he's pompous, but the content is amazing.
His writing always comes off as highly pretentious and pompous. However, the contents of this book were very valuable. I would absolutely recommend this book to anyone, especially those who are into trading stock/cryptos.
It should be used as a prerequisite before starting your venture into investments.
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Overall
- Nicolas Lalonde
- 2021-11-17
Interested in probability? Look elsewhere...
This book is by no means a bad one, but if you are actually interested in probability, you might not be interested; this book is about luck, NOT probability. This book does not touch on the actual analysis of probability, instead frustratingly dancing around the subject, avoiding any mention of mathematical underpinings. In fact the author says as much in the introduction, claiming that the subject matter is probability, whilst simultaneously claiming that quantitative probability is to a degree useless, and that the book concerns qualitative probability instead (which most readers would rather refer to as luck).
You might be looking for the book "The drunkard's walk" instead, if you are actually interested in probability.
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- Anthony Humble
- 2021-09-24
Incomparable
I have now read all but one of Taleb’s series, and I find myself totally hooked. I graduated with an honours B.Com degree in quantitative methods in 1973, and I honestly feel as though I have just been back to school, but this time with my head screwed on the right way. This book is more lighthearted than the others, but just as instructive, and just as devastating to his many foes - albeit in a “friendlier” manner.
Absolutely required reading for anybody who thinks they understand how financial markets work. Read this book, and think again.
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- patricia
- 2021-08-27
Full of wit and laughs
Highly enjoyable, even to harsh critics like myself. Potent with valuable lessons that translate through the lessons of the market.
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- Ekele Onuh Oscar
- 2019-06-19
Not for MBAs and Economist
as I read through, I was humbled by the limit of what I knew, grateful for the privilege and luck I had due to the simple random fact I was born in the family that I come from.
this book makes you skeptic, you will learn to not take your efforts too seriously, your knowledge too important and your circumstance to severe if it were.
if you are an economist, this book would make you feel bad. if you have an MBA, this book would make you feel useless.
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6 people found this helpful
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- Spencer
- 2020-06-16
The Incerto is a must read
The Incerto is the by far the best book I've read. Antifragile is the best book in the collection, but the other 3 (Fooled by Randomness, The Black Swan and Skin in the Game) are all amazing as well and vital listening.
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3 people found this helpful
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- Seth T
- 2020-11-18
He writes like Nietzsche
He is wise, but arrogant. If you can tolerate this, go ahead and buy it.
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2 people found this helpful
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- Federico Rubiolo
- 2022-07-30
Some Great Highlights
For me, the style of the author was a little off putting at times. It seemed, at times, very high and mighty, and like he was quite significantly discounting large groups of people in petty ways. Of course, each individual's definition of petty varies.
That said, there are some brilliant insights and great ideas in this book that strongly resonated with me. All the discussions of probability based biases that we all experience were very insightful, and immediately examples in my own life of these biases (both from myself and others) would come to mind. Overall, I certainly enjoyed this book, even if at times it felt preachy.
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1 person found this helpful
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- Allison K.
- 2022-01-16
Shocked by the randomness of the content
I was hoping for some intellectual delight. I ended up up with a shock. The author seemed to be wondering all over the place without digging into any specific field. Lack of depth is a fatal flaw of the book.
However, I have to admit I liked the stories of different traders in the book.
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1 person found this helpful
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- John Simon
- 2019-07-14
Randomness is a Boon for Bounty
This book should be taught to every high school Sophomore before they enter the rigor of the college testing and application process, as it will allow them to filter out the noise of authority figures and focus on themselves by delving into Taleb’s truly unique worldview.
I look forward to listening to/reading the rest of the series. Truly an exceptional book.
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1 person found this helpful
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- Anonymous User
- 2023-08-21
Insignificant and mediocre
my impression of it was just null - hours of platitudes stockpiled by someone during their leisure hours and elated by the "wisdom" that has led them there. Casparov's "How life imitates chess" iimo is a much better source for a laymen of some field-gathered insights, and this... idk a freshman crash course on statistics would have been a better value for the time.
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- Andre
- 2022-12-12
Read All of Taleb’s Work
This is a book that requires a clear mind in order to grasp the gems in it. Excellent read and reread.
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- T. Kalinowski
- 2022-09-03
Must read it again
One of the best books I’ve read. Very practical applicable to every day life for all people also like the edginess of it
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- Anne Swart
- 2022-04-23
Randomly Chosen Book
I love that my choosing this book was so random.
A lot to digest and doubtless that in months to come I shall have a random conversation that shall result in an aha! moment where the authors thoughts shall be blindingly obvious.
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- Anonymous User
- 2020-03-29
Insightful and entertaining
Great approach of the writer able to make statistical phenomena understandable through lively examples
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