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

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

by Nassim Nicholas Taleb

[CONTENT HERE]

Summary Notes

Trading: An Exciting and Rewarding Career

Trading can be a great option for those who want an exciting and rewarding job. It provides the opportunity to make money and gain financial freedom, as well as learn about the markets and develop skills that can be used in other areas of life. Proprietary trading is especially attractive to those who value intellectual pursuits and don't want to do manual labor.

Nero was an academic who was looking for something more stimulating. He found a trainee spot on the Chicago Mercantile Exchange and eventually became a self-employed trader. He then moved to the New York area and worked for an investment house, specializing in quantitative financial products. He became well-known and in demand, but eventually stepped away from the spotlight and switched to proprietary trading, where he has been for the past ten years.

Actions to take

Don’t just read. Act.
Read comprehensive summaries and discover carefully compiled action lists for active learning
Phone