Saved by Randomness

In his book, “Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets,” Nissim Taleb argues that the human brain abhors randomness. Our brain is hard-wired to see patterns everywhere. We need to make sense of our surroundings and events around us. Sometimes, an ability to discern a pattern is very useful but, other times, we simply fool ourselves into seeing a pattern where there is none. We just can't deal with randomness. Perhaps, this is one of the reasons why quantum physics—random at its core—is so hard to understand. It is difficult for us to accept that at the core of our reality, there is nothing but randomness. Even Einstein, himself one of the founding fathers of quantum physics, could not accept it. He famously said to Neils Bohr, “God does [...]