On the plus side, there are some interesting ideas here: - We're good at understanding even bets, where there's a 50% chance in your favor, not skewed bets, where the chance is more on one side. A negative event isn't counter-balanced by a positive event — it requires roughly two positive events to counter-balance it. So Nassim, aware of his own irrational mind, checks his portfolio rarely. I find him funny but the information he conveys not very useful to me, only a few things here and there. Nassim Nicholas Taleb spent twenty-one years as a risk taker before becoming a researcher in philosophical, mathematical, and (mostly) practical problems with probability. At the end of the year they receive between 7% and 12% of the profits generated. 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Bernstein, author of A visibly demented athletic man in his thirties, his face flushed red, emerged and ran up the steps as if he were chased by a tiger. Reviewed in the United Kingdom on October 1, 2019. It's hard to overstate how rarely a book changes your ideas about how the world works once, let alone multiple times, and that Taleb has managed to weave a fantastically engaging and entertaining... Fooled by Randomness revolutionized how I view the world. 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the numerous misfortunes that attend all conditions forbids us to grow insolent upon our present enjoyments, or to admire a man’s happiness that may yet, in course of time, suffer change. Nero spent a couple of years shuttling between the two cities, attending important “meetings” and wearing expensive suits. He left because philosophy cannot entertain its man. “Fascinating . {"userState":"UNSIGNED"} .orange-text-color {font-weight:bold; color: #FE971E;}Enjoy features only possible in digital – start reading right away, carry your library with you, adjust the font, create shareable notes and highlights, and more. No, it probably is too basic for the ‘initiated’; even though they still might enjoy the examples and life stories. Justice comes from symmetrical encounters, not imbalances of power. @-webkit-keyframes wiggle{from{-webkit-transform:translate3d(0rem,0,0);transform:translate3d(0rem,0,0)}to{-webkit-transform:translate3d(1.7rem,0,0);transform:translate3d(1.7rem,0,0)}50%{-webkit-transform:translate3d(3.4rem,0,0);transform:translate3d(3.4rem,0,0)}70%{-webkit-transform:translate3d(.85rem,0,0);transform:translate3d(.85rem,0,0)}90%{-webkit-transform:translate3d(2.55rem,0,0);transform:translate3d(2.55rem,0,0)}}@keyframes 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0!important}.turbo-checkout-swipe-handle{position:absolute;left:0;width:5.7rem;height:100%;background:url(data:image/svg+xml;base64,PHN2ZyB3aWR0aD0iNDgiIGhlaWdodD0iNDgiIHZpZXdCb3g9IjAgMCA0OCA0OCIgeG1sbnM9Imh0dHA6Ly93d3cudzMub3JnLzIwMDAvc3ZnIj48ZyBmaWxsPSJub25lIiBmaWxsLXJ1bGU9ImV2ZW5vZGQiPjxwYXRoIGZpbGwtb3BhY2l0eT0iLjAxIiBmaWxsPSIjRkZGIiBkPSJNMCAwaDQ4djQ4SDB6Ii8+PHBhdGggZD0iTS4xMzYgMzYuOTMzbDEyLjc3LTEyLjYyMmMuMTgtLjE3Ny4xOC0uNDQzIDAtLjYyTC4xMzYgMTEuMDY2Yy0uMTgtLjE3OC0uMTgtLjQ0NSAwLS42MjNsMi4zNTUtMi4zMWMuMTgyLS4xNzguNDUzLS4xNzguNjM1IDBsMTUuNzU4IDE1LjU1NWMuMTguMTc3LjE4LjQ0MyAwIC42MkwzLjEyNSAzOS44NjhjLS4xODIuMTc3LS40NTMuMTc3LS42MzQgMGwtMi4zNTQtMi4zMWMtLjE4LS4xOC0uMTgtLjQ0NiAwLS42MjR6bTE0LjQ5IDBsMTIuNzctMTIuNjIyYy4xOC0uMTc3LjE4LS40NDMgMC0uNjJsLTEyLjc3LTEyLjYyM2MtLjE4LS4xNzgtLjE4LS40NDUgMC0uNjIzbDIuMzU1LTIuMzFjLjE4Mi0uMTc4LjQ1NC0uMTc4LjYzNSAwbDE1Ljc2IDE1LjU1NWMuMTguMTc3LjE4LjQ0MyAwIC42MmwtMTUuNzYgMTUuNTU3Yy0uMTguMTc3LS40NTMuMTc3LS42MzQgMGwtMi4zNTQtMi4zMWMtLjE4LS4xOC0uMTgtLjQ0NiAwLS42MjR6bTE0LjQ5IDBsMTIuNzctMTIuNjIyYy4xODItLjE3Ny4xODItLjQ0MyAwLS42MmwtMTIuNzctMTIuNjIzYy0uMTgtLjE3OC0uMTgtLjQ0NSAwLS42MjNsMi4zNTYtMi4zMWMuMTgtLjE3OC40NTMtLjE3OC42MzQgMGwxNS43NTggMTUuNTU1Yy4xOC4xNzcuMTguNDQzIDAgLjYyTDMyLjEwNiAzOS44NjhjLS4xOC4xNzctLjQ1My4xNzctLjYzNCAwbC0yLjM1NS0yLjMxYy0uMTgtLjE4LS4xOC0uNDQ2IDAtLjYyNHoiIGZpbGw9IiMxMTEiLz48L2c+PC9zdmc+Cg==) center/35% no-repeat #f2c13c}.turbo-checkout-swipe-animate{-webkit-transition:all 150ms ease-out;transition:all 150ms ease-out}.turbo-checkout-status-contents{width:100vw}.turbo-checkout-status{width:100%;position:absolute;background:#ebf9ea}.turbo-checkout-status.turbo-checkout-in-progress{height:100%;max-width:5.7rem;overflow:hidden}.turbo-checkout-status.turbo-checkout-completed{display:none}.turbo-checkout-wiggle{-webkit-animation:wiggle .5s .4s 1 backwards;animation:wiggle .5s .4s 1 backwards}.turbo-checkout-status{color:#008500;box-shadow:0 0 0 1px #89cb84 inset}.turbo-checkout-status-contents{font-style:italic!important} I had my doubts about buying this book initially due to some of the hate Taleb seems to get for his style. .a-no-js .gc-requires-js{display:none!important}.a-no-js .gc-requires-no-js{display:block!important}.a-js .gc-requires-js{display:block!important}.a-js .gc-requires-no-js{display:none!important}#gc-amount-picker{text-align:left}#gc-amount-picker .gc-amount-swatch{margin-left:0;margin-right:.5em}#gc-custom-amount-list-item{position:relative;font-size:1.5rem}#gc-tablet-app-amount-picker #gc-amount-wrapper{margin:24px 19px}#gc-tablet-app-amount-picker #gc-amount-wrapper .gc-amount-button{width:110px}#gc-tablet-app-amount-picker #gc-amount-wrapper .gc-amount-column{padding-right:15px}#gc-tablet-app-amount-picker #gc-custom-amount-list-item{position:relative;font-size:1.5rem}#giftcardcustomtwister_feature_div #twister .imageSwatches li{padding:2px 1px 2px 2px!important;margin-left:7px;border-radius:2px;text-align:center;border-width:1px}#giftcardcustomtwister_feature_div #twister .imageSwatches li.swatchSelect{border-color:#FF8F00}.a-no-js #giftcardcustomtwister_feature_div .gc-swatch-url{height:100%;width:100%}.gc-order-form-custom-amount.a-button-toggle.a-button-selected:before{display:block;position:absolute;left:50%;top:0;margin-left:-.5rem;border:.6rem solid transparent;border-bottom:0rem;border-top-color:#c45500}@media only screen and (max-width:814px){#gc-amount-picker .gc-amount-swatch:nth-child(n+7){display:none}}@media only screen and (max-width:597px){#gc-amount-picker .gc-amount-swatch:nth-child(n+6){display:none}}@media only screen and (max-width:506px){#gc-amount-picker .gc-amount-swatch:nth-child(n+5){display:none}}@media only screen and (max-width:428px){#gc-amount-picker .gc-amount-swatch:nth-child(n+4){display:none}}@media only screen and (max-width:350px){#gc-amount-picker .gc-amount-swatch:nth-child(n+3){display:none}}@media only screen and (max-width:271px){#gc-amount-picker .gc-amount-swatch:nth-child(n+2){display:none}}.gc-buybox{position:relative}#gc-disable-atc{position:absolute;top:0;right:0;left:0;bottom:0;z-index:100;cursor:not-allowed}#giftcardcustomtwister_feature_div #twister #gc-custom-amount-list-item .a-button-toggle.a-button-selected.gc-input-error{border-color:#d00;box-shadow:none}#giftcardcustomtwister_feature_div #twister #gc-custom-amount-list-item .gc-input-error{border-color:#d00;box-shadow:0 0 0 3px rgba(221,0,0,.1)}#giftcardcustomtwister_feature_div #twister #gc-order-form-amount-wrapper #gc-order-form-custom-amount.a-input-text.gc-input-error{border-color:#d00;box-shadow:0 0 0 3px rgba(221,0,0,.1)}#gc-custom-amount-list-item .gc-input-error{border-color:#d00;box-shadow:0 0 0 3px rgba(221,0,0,.1)}#twister .a-button-dropdown.gc-dropdown-error{border:2px solid #d00}#gc-tablet-app-amount-picker .a-input-text-addon-group-wrapper,#giftcardcustomtwister_feature_div .a-input-text-addon-group-wrapper{display:inline-block;vertical-align:middle}#gc-tablet-app-amount-picker .a-input-text-addon-group,#giftcardcustomtwister_feature_div .a-input-text-addon-group{position:relative;display:table;border-collapse:separate}#gc-tablet-app-amount-picker .a-input-text-addon-group .a-input-text,#giftcardcustomtwister_feature_div .a-input-text-addon-group .a-input-text{position:relative;z-index:2;width:100%;margin-bottom:0;border-radius:3px}#gc-tablet-app-amount-picker .a-ie9 .a-input-text-addon-group .a-input-text,#giftcardcustomtwister_feature_div .a-ie9 .a-input-text-addon-group .a-input-text{float:left}#gc-tablet-app-amount-picker .a-input-text-addon,#gc-tablet-app-amount-picker .a-input-text-addon-group .a-input-text,#giftcardcustomtwister_feature_div .a-input-text-addon,#giftcardcustomtwister_feature_div .a-input-text-addon-group .a-input-text{display:table-cell;vertical-align:middle}#gc-tablet-app-amount-picker .a-input-text-addon-group .a-input-text:not(:first-child):not(:last-child),#gc-tablet-app-amount-picker .a-input-text-addon:not(:first-child):not(:last-child),#giftcardcustomtwister_feature_div .a-input-text-addon-group .a-input-text:not(:first-child):not(:last-child),#giftcardcustomtwister_feature_div .a-input-text-addon:not(:first-child):not(:last-child){border-radius:0}#gc-tablet-app-amount-picker .a-input-text-addon,#giftcardcustomtwister_feature_div .a-input-text-addon{background-color:#f6f6f6;padding:3px 7px;line-height:1;text-align:center;border:1px solid #a6a6a6;border-top-color:#949494;border-radius:3px;width:1%;white-space:nowrap}#gc-tablet-app-amount-picker .a-input-text-addon-group .a-input-text-wrapper:first-child,#gc-tablet-app-amount-picker .a-input-text-addon-group .a-input-text:first-child,#gc-tablet-app-amount-picker .a-input-text-addon:first-child,#giftcardcustomtwister_feature_div .a-input-text-addon-group .a-input-text-wrapper:first-child,#giftcardcustomtwister_feature_div .a-input-text-addon-group .a-input-text:first-child,#giftcardcustomtwister_feature_div .a-input-text-addon:first-child{border-top-right-radius:0;border-bottom-right-radius:0}#gc-tablet-app-amount-picker .a-input-text-addon:first-child,#giftcardcustomtwister_feature_div .a-input-text-addon:first-child{border-right:0}#gc-tablet-app-amount-picker .a-input-text-addon-group .a-input-text-wrapper:last-child,#gc-tablet-app-amount-picker .a-input-text-addon-group .a-input-text:last-child,#gc-tablet-app-amount-picker .a-input-text-addon:last-child,#giftcardcustomtwister_feature_div .a-input-text-addon-group .a-input-text-wrapper:last-child,#giftcardcustomtwister_feature_div .a-input-text-addon-group .a-input-text:last-child,#giftcardcustomtwister_feature_div .a-input-text-addon:last-child{border-top-left-radius:0;border-bottom-left-radius:0}#gc-tablet-app-amount-picker .a-input-text-addon:last-child,#giftcardcustomtwister_feature_div .a-input-text-addon:last-child{border-left:0}#gc-tablet-app-amount-picker .a-input-text-addon-group .a-input-text-wrapper:not(:first-child):not(:last-child),#giftcardcustomtwister_feature_div .a-input-text-addon-group .a-input-text-wrapper:not(:first-child):not(:last-child){border-radius:0}#gc-tablet-app-amount-picker .a-form-disabled .a-input-text-addon,#giftcardcustomtwister_feature_div .a-form-disabled .a-input-text-addon{color:#767676;border-color:rgba(186,186,186,.5);background-color:#f3f3f3;box-shadow:none}#gc-tablet-app-amount-picker .a-input-text-addon-group.a-form-error,#giftcardcustomtwister_feature_div .a-input-text-addon-group.a-form-error{border-color:#d00;border-radius:3px;box-shadow:0 0 0 3px rgba(221,0,0,.1) inset}#gc-tablet-app-amount-picker .a-input-text-addon-group.a-form-error .a-input-text-addon,#giftcardcustomtwister_feature_div .a-input-text-addon-group.a-form-error .a-input-text-addon{position:relative;border-color:#d00;box-shadow:none}#gc-tablet-app-amount-picker .a-input-text-addon-group.a-form-error .a-input-text-addon:after,#giftcardcustomtwister_feature_div .a-input-text-addon-group.a-form-error .a-input-text-addon:after{content:none}#gc-tablet-app-amount-picker .a-input-text-addon-group.a-form-error .a-input-text-wrapper,#giftcardcustomtwister_feature_div .a-input-text-addon-group.a-form-error .a-input-text-wrapper{box-shadow:none}#gc-tablet-app-amount-picker .a-input-text-addon-group.a-form-error .a-input-text-wrapper,#giftcardcustomtwister_feature_div .a-input-text-addon-group.a-form-error .a-input-text-wrapper{background:0 0}#giftcardcustomtwister_bottom_sheet{padding-top:10px;overflow:auto;top:0;bottom:0;left:0;right:0;position:inherit}#giftcardcustomtwister_bottom_sheet .customBottomSheet-image-swatch .customBottomSheet-row-item .customBottomSheet-swatch{width:260px}#giftcardcustomtwister_bottom_sheet .customBottomSheet-image-swatch .customBottomSheet-row-item .customBottomSheet-swatch .a-button-text{padding:0}#giftcardcustomtwister_bottom_sheet .customBottomSheet-image-swatch .customBottomSheet-row-item .customBottomSheet-image{width:260px;height:240px;margin-bottom:0}#giftcardcustomtwister_bottom_sheet .customBottomSheet-image-swatch .customBottomSheet-first-shown-design{margin-left:15px}#giftcardcustomtwister_bottom_sheet .customBottomSheet-image-swatch .customBottomSheet-last-shown-design{margin-right:10px}#giftcardcustomtwister_feature_div #twister label{display:inline;color:#000;font-weight:400}
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