Against the Gods: The Remarkable Story of Risk
by Peter L. Bernstein
Published for the first time: 8/24/1996
400 pages, Paperback
Genres: Mathematics, Finance, Economics, Business, Science, History, Nonfiction
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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