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We are often fooled by the apparent skill of successful individuals from "summary" of Fooled by Randomness by Nassim Nicholas Taleb
Successful individuals often appear to possess extraordinary skill and talent, leading us to believe that their success is a result of their superior abilities. We tend to attribute their achievements to their intelligence, hard work, and exceptional decision-making skills. However, what we fail to recognize is the role that luck and randomness play in their success. In reality, many successful individuals have benefited from being in the right place at the right time, rather than their own merit. They may have made risky decisions that happened to pay off or been involved in fortunate circumstances that propelled them to success. This element of luck is often overlooked or downplayed, leading us to overestimate the abilities of t...
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