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

About the Author

The post Against the Gods: The Remarkable Story of Risk appeared first on EASY Digital Pro.

Capital Ideas traces the origins of modern Wall Street, from the pioneering work of early scholars and the development of new theories in risk, valuation, and investment returns, to the actual implementation of these theories in the real world of investment management. Bernstein brings to life a variety of brilliant academics who have contributed to modern investment theory over the years: Louis Bachelier, Harry Markowitz, William Sharpe, Fischer Black, Myron Scholes, Robert Merton, Franco Modigliani, and Merton Miller. Filled with in-depth insights and timeless advice, Capital Ideas reveals how the unique contributions of these talented individuals profoundly changed the practice of investment management as we know it today.

Review

The post Capital Ideas: The Improbable Origins of Modern Wall Street appeared first on EASY Digital Pro.