Money psychology2001
Fooled by Randomness
Nassim Nicholas Taleb
Helps investors separate skill from luck, understand outcome bias, and stay cautious with strategies that only look good in short samples.
Who should read it
Beginners building a systematic foundation.
Experienced investors reviewing their process.
Readers willing to write and apply, not only seek inspiration.
Do not copy the advice mechanically when your products, legal setting, or time horizon differs from the book's context.