Principal ideas:
- Luck, chance, and randomness play a larger role in the happenings of the world than most people acknowledge.
- People tend to justify random outcomes as non-random and rationalize chance outcomes as results of deliberate actions.
- Correlation does not translate to causation.
- People tend to assume patterns in their analysis even when such patterns do not exist.
- Variations in performance and ability can cause disproportionate rewards, difficulties, punishments, or returns.