Klaus Grobys : Rationality

About this book: Inspired by Nassim N. Taleb's works The Black Swan, Antifragile, and Skin in the Game, Klaus Grobys explores how rationality and irrationality are manifested in human behavior across various domains of human life. The stories discussed in this book are based on real-life observations. This work deals with political incorrectness, the presence of concentration in virtually all domains of human life, the carelessness of industries manifested in profit-maximizing at the expense of simple folks, and various other issues that many authors typically avoid. The objective of this book is first to acquaint the reader with a new perspective concerning the concept of rationality and second to equip the reader to identify traps set up by profit-maximizing industries and self-serving lobbies.

About the author: Klaus Grobys holds a PhD in finance from the University of Vaasa, where he has the position of associate professor of finance. He worked in the finance industry for several years as a risk analyst at the financial services company Klarna AB. Klaus Grobys' research is published in prestigious outlets such as the Journal of Empirical Finance, the Journal of Financial Research, and the Journal of International Financial Markets, Institutions and Money. His research has received enormous media attention, having been covered by The New York Times, Forbes, and Alphaarchitect.com. Apart from his professional merits, Klaus Grobys has a considerable track record of accomplishments in sports. Apart from placing in the top three competitors in various fitness-related sports at the national level (Athletic Fitness, Bardips, Biceps Battle, Fitness Five), he was the Fitness Five National Champion in Sweden in 2018. He was also awarded the first-degree black belt in taekwondo from the World Taekwondo Federation in 2019 and has placed in the top three competitors at various full-contact taekwondo tournaments.