Incerto by Nassim Nicholas Taleb

Incerto (Fooled by Randomness, The Bed of Procrustes, The Black Swan, Antifragile, Skin in the Game) by Nassim Nicholas Taleb
Incerto (Fooled by Randomness, The Bed of Procrustes, The Black Swan, Antifragile, Skin in the Game) by Nassim Nicholas Taleb
1600 pages of gold

Incerto is a five-volume (Fooled by Randomness, The Black Swan, The Bed of Procrustes, Antifragile, and Skin in the Game) essay on uncertainty. It is about how to live in a world we don’t understand.

The central message is that while there is high uncertainty in the world, what to do about it is always certain. Uncertainty makes decisions straightforward.

These are my reading notes.

I. Fooled by Randomness

It’s more random than we think.

Chance favors the prepared. Hard work, showing up on time, etc are necessary but may be insufficient as they do not cause success.

By…


How to make smarter financial decisions early in life

Students looking at their investment portfolio returns
Students looking at their investment portfolio returns
“Luckily we started early…”

Towards the end of high school I had developed a curiosity for the business of money making using money, formally known as investing. The book Rich Dad Poor Dad by Robert Kiyosaki had motivated me to start putting my money to good use. I thought “how hard can it be, right?”

So, full of confidence, I decided to buy a Nike stock for €50, not realising that I had to pay €25 of transaction fees. …

Alex Vikner

On the polymath’s journey.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store