"Fooled by Randomness" is a book by Nassim Nicholas Taleb that explores the role of chance in life and decision-making. It argues that people often misinterpret random events as patterns, leading to overconfidence and poor judgments. Taleb emphasizes the importance of recognizing randomness in various fields, including finance and business.
The book also discusses the psychological biases that affect our understanding of luck and success. Taleb illustrates how individuals attribute their achievements to skill rather than chance, which can result in significant consequences. Overall, it serves as a cautionary tale about the unpredictability of life and the limits of human knowledge.