Nassim Nicholas Taleb is an academic, author and investor who has spent his life trying to understand the true nature of luck, uncertainty and knowledge. His later book The Black Swan also became a bestseller, and he is considered one of the top intellectuals on the planet.
The author has written Fooled by Randomness partially based on his own experiences and interactions as a Wall Street trader.
Fooled by Randomness (2001) is a collection of essays on the impact of randomness on financial markets and life itself. Through a mixture of statistics, psychology and philosophical reflection, the author outlines how randomness dominates the world.
Some things seem to improve if they are placed in environments of volatility and unpredictability. Antifragile (2014) analyzes why this is the case. It suggests that this quality has been vital for the progress of human civilization since ancient times.
Nassim Nicholas Taleb takes a critical look at modern society and its aim to smooth out life by interfering in systems like the economy. Far from making society a better place, this interfering nature is destroying the volatile environment essential for antifragility to take place.
The Black Swan (2010) offers insights into perceived randomness and the limitations we face in making predictions. Our over-reliance on methods that appeal to our intuition at the expense of accuracy, our basic inability to understand and define randomness, and even our biology itself all contribute to poor decision making, and sometimes to “Black Swans” – events thought to be impossible that redefine our understanding of the world.
Skin in the Game (2018) explores the ways in which our interactions with others are secretly influenced by risk and symmetry. By drawing on ideas from the field of probability, and applying them to everyday scenarios, Taleb reveals unexpected and often dazzling insights about what really makes society tick.
Incerto is a thought-provoking book series by Nassim Nicholas Taleb that challenges our understanding of randomness, uncertainty, and risk. Through books like The Black Swan and Antifragile, Taleb explores how unpredictable events shape our world and offers insights on how to navigate and thrive in an uncertain future.