Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets, by Nassim Taleb

A colleague, Deidre Paknad of PSS Systems, lent me this book, and I'm pleased that she did.   It is a breath of fresh air compared to the typical investment analysis text.   I'll net it out by quoting from Mr Taleb's prologue:

"This book is about luck disguised and perceived as nonluck (that is, skills) and, more generally, randomness disguised and perceived as non-randomness (that is, determinism).   It manifests itself in the shape of the lucky fool, defined as a person who benefited from a disproportionate share of luck but attributes his success to some other, generally very precise, reason."