#12 in Economics
Fooled by Randomness
- 312
- Pages
- about 6 h
- Reading time
Affiliate link: buying through it supports BookRank at no extra cost to you.
Our view
“Fooled by Randomness” argues clearly that we mistake luck for skill, in other people’s success and in our own. The consequence it draws is practical: whoever credits themselves too generously stops seeing the risks they run, in the markets and beyond. It is the first book of the author’s multi-volume essay on uncertainty, a little over three hundred pages, and a sensible place to start with it.
The view of the BookRank editors, written from readers’ ratings and comments. It does not affect the score or the book’s place in a ranking.
About the book
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets is a book by Nassim Nicholas Taleb that deals with the fallibility of human knowledge. It was first published in 2001. Updated editions were released a few years later. The book is the first part of Taleb's multi-volume philosophical essay on uncertainty, titled the Incerto, which also includes The Black Swan (2007–2010), The Bed of Procrustes (2010–2016), Antifragile (2012), and Skin in the Game (2018).
Reading order · Incerto
Full order & progress →- Fooled by RandomnessThis book
7.87.8 / 10 - The Bed of Procrustes
7.87.8 / 10 - Antifragile
7.97.9 / 10
Where the score comes from
The sources average 7.8 across 258 ratings — not yet many, so the reader vote carries 64% of the weight and the rest pulls toward the Economics average of 7.8. That is how 7.8 comes out.
| Source | Average | Ratings | Weight |
|---|---|---|---|
| Open Library | 7.9 | 33 | 13% |
| Hardcover | 7.8 | 225 | 87% |
Frequently asked
How long is Fooled by Randomness?
It has 312 pages — shorter than 51% of the ranked books in Economics.
In this book
Themes this book shares with others — each leads to the best books on it.
If you liked this
Same shelf — Economics — with scores between 7.6 and 7.9, closest to this book.
