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

He is also famous for The Black Swan: The Impact of the Highly Improbable, Antifragile: Things That Gain from Disorder, and Fooled by Randomness: The Hidden Role of Chance in Life and Markets, all of which are worth reading.

I used to recommend that order too, but I think for people new to NNT, they'd get a better overview of his ideas from Antifragile. But I absolutely recommend reading all the Incerto.

36/ To learn more about the concepts in this thread, I recommend Nassim Taleb's Fooled By Randomness -- a wonderful book about how the principles of probability apply to investing and life in general. Here's a relevant extract from the book (h/t @nntaleb):

[Taleb is] Wall Street’s principal dissident. . . . [Fooled By Randomness] is to conventional Wall Street wisdom approximately what Martin Luther’s ninety-nine theses were to the Catholic Church.

We need a book like this . . . fun to read, refreshingly independent-minded.

Great book!

Good Stuff.

Fooled by Randomness. Why would I read a book about random stuff that can't be understood? Because it will teach you how to know what can, and cannot, be understood. Which will save you a lot of time and emotional capital.

Human Action by Ludwig von Mises Fooled by Chance by Nassim Taleb

Recalls the best of scientist/essayists like Richard Dawkins . . . and Stephen Jay Gould.

Fascinating . . . Taleb will grab you.