MadMag Recommends
Welcome to the new series "MadMag Recommends". The first edition of this section brings you
The author's motto "My principal activity is to tease those who take themselves and the quality of their knowledge too seriously"
The book "Fooled by randomness" by Nassim Nicholas Taleb belongs to the genre of books that trivialise the important to drive home the point. His other book "The Black Swan: The impact of the improbable" belongs to the same category. Fooled by Randomness is one of the smartest and the maddest book i have read recently.
Let me tell you in advance that the book is quite abstract and that is what makes this book fun to read. It moves at a very slow pace because it makes you think a lot. What clicks is the author's approach towards the topic. Basically the author has gone mad.
If you haven't understood Probability all these years, this book is for you. It explores the concept of probability in a completely qualitative manner which might seem a bit bizarre.
This book is especially important for the finance guys who think the stock market moves as per their so called stock analysis.
Just a customary glance at the contents will get you hooked. Have a look at the following chapter titles
1. Randomness,Nonsense and the scientific intellectual
2. Survival of the least fit - Can evolution be fooled by Randomness
3. Monkeys on typewriters:It depends on the number of monkeys
4. Losers take all: On the nonlinearities of life
If the chapter titles are any indication, the book will make you sit up and look at life differently.
For its Mad intelligence, subject matter, approach and its ability to provide the reader a completely diferent outlook towards the world, MadMag recommends "Fooled by Randomness". Basically, it kicks ass.
~ Da Macha
The author's motto "My principal activity is to tease those who take themselves and the quality of their knowledge too seriously"The book "Fooled by randomness" by Nassim Nicholas Taleb belongs to the genre of books that trivialise the important to drive home the point. His other book "The Black Swan: The impact of the improbable" belongs to the same category. Fooled by Randomness is one of the smartest and the maddest book i have read recently.
Let me tell you in advance that the book is quite abstract and that is what makes this book fun to read. It moves at a very slow pace because it makes you think a lot. What clicks is the author's approach towards the topic. Basically the author has gone mad.
If you haven't understood Probability all these years, this book is for you. It explores the concept of probability in a completely qualitative manner which might seem a bit bizarre.
This book is especially important for the finance guys who think the stock market moves as per their so called stock analysis.
Just a customary glance at the contents will get you hooked. Have a look at the following chapter titles
1. Randomness,Nonsense and the scientific intellectual
2. Survival of the least fit - Can evolution be fooled by Randomness
3. Monkeys on typewriters:It depends on the number of monkeys
4. Losers take all: On the nonlinearities of life
If the chapter titles are any indication, the book will make you sit up and look at life differently.
For its Mad intelligence, subject matter, approach and its ability to provide the reader a completely diferent outlook towards the world, MadMag recommends "Fooled by Randomness". Basically, it kicks ass.
~ Da Macha
posted by MadMag@SIBm at
4:05 AM
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