Bernstein Against the Gods

The Remarkable Story of Risk
1. Auflage 2012
ISBN: 978-0-470-53453-3
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 400 Seiten, E-Book

A Business Week, New York Times Business, and USA TodayBestseller
"Ambitious and readable . . . an engaging introduction to theoddsmakers, whom Bernstein regards as true humanists helping torelease mankind from the choke holds of superstition and fatalism."-The New York Times
"An extraordinarily entertaining and informative book." -The WallStreet Journal
"A lively panoramic book . . . Against the Gods sets up anambitious premise and then delivers on it." -Business Week
"Deserves to be, and surely will be, widely read." -TheEconomist
"[A] challenging book, one that may change forever the way peoplethink about the world." -Worth
"No one else could have written a book of such central importancewith so much charm and excitement." -Robert Heilbroner author, TheWorldly Philosophers
"With his wonderful knowledge of the history and currentmanifestations of risk, Peter Bernstein brings us Against the Gods.Nothing like it will come out of the financial world this year orever. I speak carefully: no one should miss it." -John KennethGalbraith 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 undercontrol is one of the central ideas that distinguishes modern timesfrom the distant past. Against the Gods chronicles the remarkableintellectual adventure that liberated humanity from oracles andsoothsayers by means of the powerful tools of risk management thatare available to us today.
"An extremely readable history of risk." -Barron's
"Fascinating . . . this challenging volume will help you understandthe uncertainties that every investor must face." -Money
"A singular achievement." -Times Literary Supplement
"There's a growing market for savants who can render the reconditeintelligibly-witness Stephen Jay Gould (natural history), OliverSacks (disease), Richard Dawkins (heredity), James Gleick(physics), Paul Krugman (economics)-and Bernstein would mingle wellin their company." -The Australian

Autoren/Hrsg.

Bernstein, Peter L.

Inhaltsverzeichnis

Acknowledgments ix
Introduction 1
TO 1200: BEGINNINGS
1. The Winds of the Greeks and the Role
of the Dice 11
2. As Easy as I, II, III 23
1200-1700: A THOUSAND OUTSTANDING FACTS
3. The Renaissance Gambler 39
4. The French Connection 57
5. The Remarkable Notions of the Remarkable Notions Man 73
1700-1900: MEASUREMENT UNLIMITED
6. Considering the Nature of Man 99
7. The Search for Moral Certainty 116
8. The Supreme Law of Unreason 135
9. The Man with the Sprained Brain 152
10. Peapods and Perils 172
11. The Fabric of Felicity 187
1900-1960: CLOUDS OF VAGUENESS AND THE DEMAND FOR PRECISION
12. The Measure of Our Ignorance 197
13. The Radically Distinct Notion 215
14. The Man Who Counted Everything Except Calories 231
15. The Strange Case of the Anonymous Stockbroker 247
DEGREES OF BELIEF:EXPLORING UNCERTAINTY
16. The Failure of Invariance 269
17. The Theory Police 284
18. The Fantastic System of Side Bets 304
19. Awaiting the Wildness 329
Notes 339
Bibliography 353
Name Index 365
Subject Index 369

Über Autor(innen)

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.