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"Those who do not remember the past are condemned to repeat it."
– George Santayana (philosopher)

IFA's extensive library of books dating back to the 1600's gives us perspective on the stock market and the historical behavior of investors.

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


Author: Nassim Nicholas Taleb

Year Printed: 2001

eBook: None

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Notes: Hardcover; Dust Jacket

This book is about luck, that single most important factor in everything. It tells how we perceive and deal with luck and how we filter the mass of information that is thrown at us daily, to understand what is important and what is the result of pure chance.Fooled by Randomness delves into the reality of the lucky fool being in the "right place at the right time", and is set around the greatest forum for investigating the misconception of chance perceived as skill -- the world of trading and derivatives