Against the Gods Book Summary

In 'Against the Gods,' Peter L. Bernstein delves into the fascinating history of risk and its profound impact on human civilization. From ancient times when superstitions ruled decision-making, to the modern era of statistical analyses and financial markets, Bernstein chronicles humanity's evolving relationship with uncertainty. He explores how our attempts to quantify risk have reshaped economies, inspired innovations, and even led to catastrophic failures. With captivating anecdotes and insights, the book challenges readers to reconsider their perceptions of chance and control. This is not just a history book; it's an exploration of the factors that drive fortune and folly in our lives.

By Peter L. Bernstein

Published: 1998

"In the grand tapestry of life, every thread of fortune is woven with choice and chance, reminding us that the greatest battles are often fought within the confines of our own minds."

Against the GodsBook binding

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Book Review of Against the Gods

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)

Book Overview of Against the Gods

About the Book Author

P

Peter L. Bernstein

Peter L. Bernstein (1919-2009) was a prominent American author and financial historian, best known for his accessible writing style that demystified complex financial concepts for the general reader. His influential works include 'Against the Gods: The Remarkable Story of Risk,' which explores the history of risk and uncertainty in finance, and 'Capital Ideas: The Improbable Origins of Modern Wall Street,' which examines the evolution of financial theory. Bernstein's engaging narrative, combined with his deep understanding of economics and finance, has made his works essential reading for both professionals and enthusiasts in the field.

Book Details

Key information about the book.

Authors
Peter L. Bernstein
Published
September 1998
Publisher
John Wiley & Sons
ISBN
0471295639
Language
English
Pages
404
Genres
HistoryBusiness and EconomicsEconomic PolicyBehavioral Economics

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In the grand tapestry of life, every thread of fortune is woven with choice and chance, reminding us that the greatest battles are often fought within the confines of our own minds.

Against the Gods

By Peter L. Bernstein

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