
Chosen by shared topics, the entries that hold them, and the people who recommended both.
Recommended by: Mohnish Pabrai
Why people mistake luck for skill, above all in markets.
“Fooled by Randomness is a serious, intellectually sophisticated book, well worth reading carefully. At times, the book is condescending. Nevertheless, there are some great insights.” — Barton Biggs
Source: Biggs on a sophisticated book worth reading carefully
Recommended by: Barton Biggs, Michael Mauboussin and 11 others
Recommended by: Mohnish Pabrai
People have no fixed sense of value, so context and anchors set the prices they pay.
Recommended by: Mohnish Pabrai, Patrick O'Shaughnessy
Experiments showing most cheating is many people cheating a little.
Recommended by: Mohnish Pabrai
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