Fooled by Randomness by Nassim Taleb

When I came across the brilliant and entertaining book by Nassim Taleb Fooled by Randomness I had to buy it, just because of the Title. It was certainly one of the best books I have read and it was formalizing what I have always thought about standard deviaiton.

He is right on the spot with his remarks on climate change and medical surveys.

To those of you, who read the book but where after more meat on the bone I can recommend the poorly designed web page by Nassim and the free pdf download.

It is an overwhelming 300plus pages document, with all the financial models and formulas leading to the statements made in the book.

Really a great source of inspiration - check out his article on bank stress tests.

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