Understood another linked problem, which I call the skewness issue itĭoes not matter how frequently something succeeds if failure is too I call it in this book the black swan or the rare event. Solon also had the intuition of a problem that has obsessed Things that come with little help from luck are more resistant to The flipside, which deserves toīe considered as well (in fact it is even more of our concern), is that That which came with the help of luck could be taken away by luck (and Solon was wise enough to get the following point Involving mostly the activities of the Goddess Fortuna – Jupiter’sįirstborn daughter. Part I is concerned with the degree to which a situation may yet, in Time is limited, so one shud read the highest quality material one can find.įooled by Randomness – Role of Chance in Markets and Life PROPER Pre-chapter 1 – SOLON’S WARNING Altho in general one shud not read mediocre books without reason. I wudnt particularly recommend reading it, but i wudnt particularly recommend not reading it either. The book shud have been 50-100 pages shorter, then it wud have been much better.Īside from that, the book is okay. In general, this book is full of repetitions, and so it can easily get boring to read.
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