The book reminded me a lot of Taleb's writing in terms of breaking down various fallacies and biases humans have to create narratives that explain situations instead of recognizing the large role of luck. Here is a sampling of some of the main lessons:
- We wrongly over-attribute successes and failures to people's actions rather than acknowledging the huge role of luck.
- We should judge people by their character and talents rather than the results of their efforts.
- Randomness causes much of success and failure, and much of that is outside our control. What is in our control is the number of opportunities we take advantage of and how we cultivate our own skills to give us the best odds.
- People routinely confuse conditional probability directions, confusing P(A|B) for P(B|A).