Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets (Incerto Book 1)

discussion

How? Probability is not a mere computation of odds on the dice or more complicated variants; it is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance. Outside of textbooks and casinos, probability almost never presents itself as a mathematical problem or a brain teaser. Mother natu