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Randomness is a fundamental part of the world we live in from "summary" of Fooled by Randomness by Nassim Nicholas Taleb
Randomness is an integral component of the world we inhabit, influencing much of what occurs in our lives. Despite our desire to ascribe order and predictability to events, randomness often plays a significant role in shaping outcomes. This randomness is not limited to isolated incidents but permeates various aspects of our existence, impacting everything from financial markets to personal relationships. Many individuals underestimate the extent to which randomness influences their lives, mistakenly attributing success or failure solely to their own actions and abilities. This tendency to overlook the role of randomness can lead to a false sense of control and an inflated sense of personal accomplishment. In reality, chance occurrences frequently determine outcomes, regardless of an individual's efforts or intentions. Acknowledging...
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