Cover of Fooled by Randomness Open Library Covers

Fooled by Randomness

by Nassim Nicholas Taleb · 2001

Nassim Nicholas Taleb's book on randomness, luck, survivorship bias, and how people mistake noise for skill in markets and life.

Recommended by 3 people

Why this author is included

Nassim Nicholas Taleb · Author of Fooled by Randomness

Who recommends it

3 people have recommended Fooled by Randomness. Each entry links to the source.

Howard Marks speaking in 2012 Howard MarksCo-founder and co-chairman, Oaktree Capital Management
Fooled by Randomness, which I’ve described as an essential read.
Strongly recommended · Exact quote Source: Oaktree Capital
Evidence details The Aviary

Marks identified Taleb's book as an essential read while discussing randomness and investment outcomes.

The quote is taken word for word from the source.

Oaktree Capital · 2008-05-16 · accessed 2026-06-22

Article · Oaktree memo

The PDF memo says Marks had described Fooled by Randomness as an essential read.

Portrait unavailable for Qasar Younis Qasar YounisApplied Intuition co-founder; automotive engineer

Qasar Younis credits Taleb’s book with shaping how he thinks about uncertainty in investing.

Recommended · Wording not verified Source: Qasar Younis
Evidence details Books

Conservative paraphrase of a positive entry in the recommender’s own annotated reading list.

This text documents what the source says, but it is not verified as a word-for-word quote.

Qasar Younis · undated · accessed 2026-10-01

Website · Personal reading list

Directly inspected positive reading-list entry; no original publication date or exact quotation asserted.

Portrait unavailable for Nick Kokonas Nick KokonasSoftware platform founder and hospitality operator

Nick Kokonas recommends Fooled by Randomness and reports giving it to colleagues.

Recommended · Wording not verified Source: The Tim Ferriss Show
Evidence details Nick Kokonas interview transcript (#341)

Own reader-facing recommendation and gifted-book answer. Date is transcript publication. Catalog summary, no excerpt copied.

This text documents what the source says, but it is not verified as a word-for-word quote.

The Tim Ferriss Show · 2018-10-22 · accessed 2026-10-01

Interview · Own reading recommendation

Own positive answer names Taleb and identifies this book as his preferred selection.

Nick Kokonas recommends reading or rereading Fooled by Randomness.

Recommended · Wording not verified Source: The Tim Ferriss Show
Evidence details Nick Kokonas interview transcript (#429)

Separate later recommendation; date is transcript publication, not inferred recording. Catalog summary, no excerpt copied.

This text documents what the source says, but it is not verified as a word-for-word quote.

The Tim Ferriss Show · 2020-05-17 · accessed 2026-10-01

Interview · Own reading recommendation

Own reader-facing suggestion. Same title as earlier conversation is one unique book with two evidence events.

About the author

What the author has done, shown separately from who recommends the book.

Nassim Nicholas TalebAuthor of Fooled by Randomness

Author of Fooled by Randomness, cited by Howard Marks as an essential read.