COMPLETE GUIDE TO: FOOLED BY RANDOMNESS
MAIN THEORIES, CONCEPTS AND METHODS
You will learn the answers to the following questions based on the bestseller theories, concepts and ideas:
Do We Sometimes Confuse Luck And Chance With Skill And Determinism?
Can We Be Sure That A Theory Is Correct, Or Do Things Change Constantly And We Could Be Wrong?
Is Life Unfair And Non-Linear, In Which The Best Do Not Always Win?
Is It The Context That Conditions Our Reasoning, Depending On Simple Heuristics?
Can Emotions Help Us Make Decisions And Also Overwhelm Our Rational Capacity?
In Retrospect, Do We Always Find Explanations In Past Events, But They Are Mostly Useless For Predicting The Future?
Are We Essentially Poor At Understanding The Impact Of Strange Events?
Should One Enjoy Harmless Randomness And Use Stoicism To Control The Harmful Ones?
Is It Worth Listening To The Random Noise In Both The Media And The Stock Markets?
ABOUT THE BOOK
The majority of the time, we are all affected by the same thing, which is that we are susceptible to being tricked by randomness. As a result, we tend to minimize the role that luck and chance play in our lives. We employ terms like "skills" and "determinism" when "luck" and "randomness" are required. This gap is nowhere else more evident than in the stock market, where the term "able investor" should typically be substituted with "fortunate fool." There is no other area where this divergence is more apparent.