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Against the gods : the remarkable story of risk

People constantly make choices, arrive at decisions, and take risks. Savers buy stocks, doctors perform operations, poker players figure the odds, and business managers launch new products. Without the instruments of risk management, such decisions would be impossible, because no one could figure out the likelihood of success. Yet the idea that we need not listen to soothsayers for advice is less than five hundred years old. This book blends biography with history and science to show how famous thinkers like Pascal, Bernoulli, Bayes, Keynes, Markowitz, Arrow and von Neumann paved the way from superstition to the supercomputer. But Bernstein tells of others as well, less known but equally important in developing the theory and practice of risk management. The book also explains significant concepts including probability, uncertainty, the distinction between chance and skill, the interactions between gambling and investing, and rational versus irrational decision-making.--From publisher description.

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  • "Remarkable story of risk"

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  • "People constantly make choices, arrive at decisions, and take risks. Savers buy stocks, doctors perform operations, poker players figure the odds, and business managers launch new products. Without the instruments of risk management, such decisions would be impossible, because no one could figure out the likelihood of success. Yet the idea that we need not listen to soothsayers for advice is less than five hundred years old. This book blends biography with history and science to show how famous thinkers like Pascal, Bernoulli, Bayes, Keynes, Markowitz, Arrow and von Neumann paved the way from superstition to the supercomputer. But Bernstein tells of others as well, less known but equally important in developing the theory and practice of risk management. The book also explains significant concepts including probability, uncertainty, the distinction between chance and skill, the interactions between gambling and investing, and rational versus irrational decision-making.--From publisher description."@en
  • "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."@en
  • "Historisch overzicht vanaf de Griekse Oudheid tot heden van het begrip risico en de wijze, waarop de samenleving tracht risico's te beheersen."
  • "A blend of biography and history shows how famous scientists and creative amateurs developed the concepts of risk, risk management, and probability, paving the way for progress in business and technology."@en
  • "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 UniversityIn 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..."

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  • "Geschiedenis (vorm)"
  • "Livres électroniques"
  • "Electronic books"
  • "Electronic books"@en
  • "History"
  • "History"@en

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  • "De goden verzoeken : het opmerkelijke verhaal van risico"
  • "Against the gods : the remarkable story of risk"@en
  • "Against the gods : the remarkable story of risk"
  • "Against the Gods : the remarkable story of risk"
  • "Against the gods : The remarkable story of risk"
  • "Against the Gods the Remarkable Story of Risk"@en
  • "Against the gods the remarkable story of risk"
  • "Against the gods the remarkable story of risk"@en
  • "Against the Gods The Remarkable Story of Risk"

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