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4 Burnside Business- Investing

Against the Gods: The Remarkable Story of Risk

by Peter L Bernstein

Against the Gods: The Remarkable Story of Risk Cover

Synopses & Reviews

Publisher Comments:

A Business Week, New York Times Business, and USA Today Bestseller

"Ambitious and readable . . . an engaging introduction to the oddsmakers, whom Bernstein regards as true humanists helping to release mankind from the choke holds of superstition and fatalism."

The New York Times

"An extraordinarily entertaining and informative book."

The Wall Street Journal

"A lively panoramic book . . . Against the Gods sets up an ambitious premise and then delivers on it."

Business Week

"Deserves to be, and surely will be, widely read."

The Economist

"[A] challenging book, one that may change forever the way people think about the world."

Worth

"No one else could have written a book of such central importance with so much charm and excitement."

—Robert Heilbroner author, The Worldly Philosophers

"With his wonderful knowledge of the history and current manifestations of risk, Peter Bernstein brings us Against the Gods. Nothing like it will come out of the financial world this year or ever. I speak carefully: no one should miss it."

—John Kenneth Galbraith Professor of Economics Emeritus, Harvard University

In this unique exploration of the role of risk in our society, Peter Bernstein argues that the notion of bringing risk under control is one of the central ideas that distinguishes modern times from the distant past. Against the Gods chronicles the remarkable intellectual adventure that liberated humanity from oracles and soothsayers by means of the powerful tools of risk management that are available to us today.

"An extremely readable history of risk."

Barron's

"Fascinating . . . this challenging volume will help you understand the uncertainties that every investor must face." —Money

"A singular achievement." —Times Literary Supplement

"There's a growing market for savants who can render the recondite intelligibly—witness Stephen Jay Gould (natural history), Oliver Sacks (disease), Richard Dawkins (heredity), James Gleick (physics), Paul Krugman (economics)—and Bernstein would mingle well in their company." —The Australian

Review:

"...provides an excellent history about risk and it's vital role in markets." (Wall Street Journal, August 7, 2006)

“…an excellent book on what can be a dry subject…” (Financial World, 1stDecember 2005)

"A comprehensive history of man's efforts to understand risk and probability, from ancient gamblers in Greece to modern chaos theory." (The Washington Post Book World, September 20, 1998)

"I must say that I enjoyed the book, it was written in a light-hearted manner". (Money Matters, April 2001)

No. 7 bestseller in 'Risk' (erivativesreview.com, December 2001)

Synopsis:

Human existence is based upon risk. This text charts the adventures of a group of thinkers who embarked on a voyage of intellectual discovery, transforming primeval superstition into the powerful tools of risk control employed today.

Synopsis:

Der Bestseller zur Risikobewertung jetzt als Broschurausgabe. Das ganze Leben ist ein einziges Risiko. Menschen in allen Bereichen des Lebens - Politiker, Wissenschaftler, Geschäftsleute, sogar Familien - müssen regelmäßig Entscheidungen treffen, die in irgendeiner Form Risiken bergen. Die Fähigkeit, das Ausmaß des Risikos solcher Entscheidungen zu bewerten und einzugrenzen gehört zu den Grundprinzipien der modernen Gesellschaft. 'Against the Gods' erzählt die Abenteuer einer Gruppe kühner Denker, die sich auf eine intellektuelle Entdeckungsreise begeben haben und den urzeitlichen Aberglauben verwandelt haben in leistungsstarke Methoden zur Risikokontrolle, wie sie heute Anwendung finden. Interessant und spannend geschrieben und ohne den sonst themabedingten technischen und mathematischen Ballast. (10/98)

Synopsis:

There's a growing market for savants who can render the recondite intelligibly-witness Stephen Jay Gould (natural history), Oliver Sacks (disease), Richard Dawkins (heredity), James Gleick (physics), Paul Krugman (economics)-and Bernstein would mingle well in their company. -The Australian

Description:

Includes bibliographical references (p. 353-364) and indexes.

About the Author

PETER L. BERNSTEIN is President of Peter L. Bernstein, Inc., economic consultants to institutional advisors and corporations. His semimonthly analysis of the capital markets and the real economy, Economics and Portfolio Strategy, is read by managers and owners of investments totaling over one trillion dollars. Mr. Bernstein is the author of many articles in the professional and popular press, as well as six books in economics and finance, including the bestselling Capital Ideas: The Improbable Origins of Modern Wall Street. He is the coeditor of Investment Management (Wiley), and was the first editor of The Journal of Portfolio Management.

Table of Contents

TO 1200: BEGINNINGS.

The Winds of the Greeks and the Role of the Dice.

As Easy As I, II, III.

1200-1700: A THOUSAND OUTSTANDING FACTS.

The Renaissance Gambler.

The French Connection.

The Remarkable Notions of the Remarkable Notions Man.

1700-1900: MEASUREMENT UNLIMITED.

Considering the Nature of Man.

The Search for Moral Certainty.

The Supreme Law of Unreason.

The Man with the Sprained Brain.

Peapods and Perils.

The Fabric of Felicity.

1900-1960: CLOUDS OF VAGUENESS AND THE DEMAND FOR PRECISION.

The Measure of Our Ignorance.

The Radically Distinct Notion.

The Man Who Counted Everything Except Calories.

The Strange Case of the Anonymous Stockbroker.

DEGREES OF BELIEF: EXPLORING UNCERTAINTY.

The Failure of Invariance.

The Theory Police.

The Fantastic System of Side Bets.

Awaiting The Wildness.

Notes.

Bibliography.

Indexes.

What Our Readers Are Saying

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Product Details

ISBN:
9780471295631
Subtitle:
The Remarkable Story of Risk
Author:
Bernstein, Peter L.
Author:
Bernstein, Peter L.
Publisher:
John Wiley & Sons
Location:
New York :
Subject:
Accounting - General
Subject:
Decision-making
Subject:
Risk management
Subject:
Insurance - General
Subject:
Insurance - Risk Management
Subject:
Risk
Subject:
Sociologia
Subject:
Insurance - Risk Assessment & Management
Subject:
Management - General
Subject:
Management
Copyright:
Edition Description:
Includes bibliographical references and index.
Publication Date:
September 1998
Binding:
Paperback
Grade Level:
General/trade
Language:
English
Illustrations:
Yes
Pages:
383
Dimensions:
8.92x5.98x1.05 in. 1.16 lbs.

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