Against the Gods
by Peter L Bernstein
Peter Bernstein explores risk from every angle. The book tells the story of how, in the 16th and 17th centuries, an increasingly scientific and sophisticated understanding of probabilities allowed for the development of insurance markets for trade and personal security, and how these had a revolutionary impact on the development of the global economy. Jason Zweig, personal finance columnist at the WSJ described Against the Gods to us as “probably the best and most interesting high-level book on investing I can think of.”
Recommendations from our site
“In the book, he explores risk at every conceivable level – what it is mathematically and what it is psychologically, how it has played out historically, how people have thought to measure it and also to control it.” Read more...
The best books on Personal Finance
Jason Zweig, Journalist
“it’s an absolutely fascinating, for-the-layman account of how humanity mastered risk and came to understand probability.” Read more...
The best books on Understanding High Finance
John Lanchester, Journalist
