Fooled by Randomness

Finally, I miraculously managed to get temporarily published by a newly founded aggressive internet house who traded my refusal to be edited against lower royalties.

The house was so patently incompetent (yet aggressive) that they rapidly became financially insolvent –the managers burned their cash on first class transatlantic seats and lavish author parties (not mine). But I had no reason to complain: only an incompetent-but-aggressive publishing house would have accepted to publish me.

To cheat, Fooled by Randomness had been promoted to some as a business book (although the only business in it is its dismissal of business as both a vulgar and a random thing); to others as a philosophy of science manual though the demand for these was so limited that the last books in that category that were read beyond a narrow group of graduate students were by Karl Popper, fifty years earlier.

Sign Up for NextBigWhat Newsletter

Curated. Summarized. Important News. For free.

You May Also Like

Strategic Inflection Points

A strategic inflection point(SIP) is when the balance of forces shifts from the old structure, from the old ways of doing business, from the old ways of competing, to the…
View Post

Innovate or die

By the turn of the century, the entertainment industry was changing at lightning speed, and every traditional media company was operating out of fear rather than courage and trying to…
View Post