Against the Gods: The Remarkable Story of Risk Review
Against the Gods: The Remarkable Story of Risk Overview
Peter Bernstein argues that the notion of bringing risk under control is one of the central ideas that distinguishes modern times from the more distant past. When investors buy stocks, surgeons perform operations, entrepreneurs launch new businesses, and politicians run for office, risk is their inescapable partner. Bernstein clarifies the major components of risk, explaining how they can be applied to our professional endeavors. 4 cassettes.
Against the Gods: The Remarkable Story of Risk Specifications
With the stock market breaking records almost daily, leaving longtime market analysts shaking their heads and revising their forecasts, a study of the concept of risk seems quite timely. Peter Bernstein has written a comprehensive history of man's efforts to understand risk and probability, beginning with early gamblers in ancient Greece, continuing through the 17th-century French mathematicians Pascal and Fermat and up to modern chaos theory. Along the way he demonstrates that understanding risk underlies everything from game theory to bridge-building to winemaking.
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