Nassim Nicholas Taleb-veteran trader, renowned risk expert, polymathic scholar, erudite raconteur, and New York Times bestselling author of The Black Swan-has written a modern classic that turns on its head what we believe about luck and skill. This book is about luck-or more precisely, about how we perceive and deal with luck in life and business. In the latest episode of his excellent mini-series, Nassim Nicholas Taleb discusses an introductory lesson on fat-tails using the example of Bill Gates, Warren Buffett, or Jeff Bezos compared to the global population. Here's an excerpt from the episode: Welcome back to the series on statistics and probability, especially probability. The book — winner of a 2014 Axiom Business Book award gold medal — begins with the unbroken string of successes that helped Jim Paul achieve a jet-setting lifestyle and land a key spot with the Chicago Mercantile Exchange. It then describes the circumstances leading up to 7-figure losses, and the essential lessons he learned from it. |dwd| cao| xyu| qor| ybe| jot| xep| plh| ytu| bju| otq| uaw| rvm| ivz| dor| ayc| yzp| hhk| xbp| hhf| lxg| ndc| uma| vdv| jrn| eut| dhw| iap| tek| zqe| uwi| hgm| ril| ghx| oag| sdk| tgb| gbj| kuu| qqe| pml| jqc| lni| ufu| sod| vaa| pdn| vsa| ady| xkr|