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

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

Author:Nassim Nicholas Taleb
Language: eng
Format: mobi, epub
Tags: Investments & Securities, Statistics, Finance, Business & Economics, General
ISBN: 9781588367679
Publisher: Random House
Published: 2008-10-14T07:00:00+00:00


Too Much Work

Marc’s body became progressively flabbier, and his bespoke suits needed periodic visits to the tailor, in spite of his occasional crash diets. After he got over the depression of the abandonment, he started dating Janet, his paralegal, and promptly married her. They had three children in quick succession, bought the Park Avenue apartment, and the country house.

Janet’s immediate acquaintance is composed of the other parents of the Manhattan private school attended by their children, and their neighbors at the co-operative apartment building where they live. From a materialistic standpoint, they come at the low end of such a set, perhaps even at the exact bottom. They would be the poorest of these circles, as their co-op is inhabited by extremely successful corporate executives, Wall Street traders, and high-flying entrepreneurs. Their children’s private school harbors the second set of children of corporate raiders, from their trophy wives—perhaps even the third set, if one takes into account the age discrepancy and the model-like features of the other mothers. By comparison, Marc’s wife, Janet, like him, presents a homely country-home-with-a-rose-garden type of appearance.



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