AGAINST THE GODS THE REMARKABLE STORY OF RISK

Download Against The Gods The Remarkable Story Of Risk ebook PDF or Read Online books in PDF, EPUB, and Mobi Format. Click Download or Read Online button to AGAINST THE GODS THE REMARKABLE STORY OF RISK book pdf for free now.

Against The Gods

Author : Peter L. Bernstein
ISBN : 9780470534533
Genre : Business & Economics
File Size : 68.58 MB
Format : PDF, Docs
Download : 769
Read : 1070

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 University In 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
Category: Business & Economics

Against The Gods

Author : Peter L. Bernstein
ISBN : 0471295639
Genre : Business & Economics
File Size : 41.15 MB
Format : PDF, ePub, Mobi
Download : 374
Read : 1146

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
Category: Business & Economics

Capital Ideas

Author : Peter L. Bernstein
ISBN : 9781118523988
Genre : Business & Economics
File Size : 58.50 MB
Format : PDF
Download : 738
Read : 761

Capital Ideas traces the origins of modern Wall Street, from the pioneering work of early scholars and the development of new theories in risk, valuation, and investment returns, to the actual implementation of these theories in the real world of investment management. Bernstein brings to life a variety of brilliant academics who have contributed to modern investment theory over the years: Louis Bachelier, Harry Markowitz, William Sharpe, Fischer Black, Myron Scholes, Robert Merton, Franco Modigliani, and Merton Miller. Filled with in-depth insights and timeless advice, Capital Ideas reveals how the unique contributions of these talented individuals profoundly changed the practice of investment management as we know it today.
Category: Business & Economics

The Power Of Gold

Author : Peter L. Bernstein
ISBN : 9781118270103
Genre : Business & Economics
File Size : 36.43 MB
Format : PDF, ePub, Docs
Download : 835
Read : 598

A colorful history of humankind's obsession with gold revisits the ancient world, where gold was the absolute standard of wealth, and traces its rocky road to the present. By the author of Against the Odds. 100,000 first printing. $150,000 ad/promo. First serial, Worth.
Category: Business & Economics

Capital Ideas Evolving

Author : Peter L. Bernstein
ISBN : 111804620X
Genre : Business & Economics
File Size : 83.90 MB
Format : PDF, Mobi
Download : 707
Read : 399

"A lot has happened in the financial markets since 1992, when Peter Bernstein wrote his seminal Capital Ideas. Happily, Peter has taken up his facile pen again to describe these changes, a virtual revolution in the practice of investing that relies heavily on complex mathematics, derivatives, hedging, and hyperactive trading. This fine and eminently readable book is unlikely to be surpassed as the definitive chronicle of a truly historic era." —John C. Bogle, founder of The Vanguard Group and author, The Little Book of Common Sense Investing "Just as Dante could not have understood or survived the perils of the Inferno without Virgil to guide him, investors today need Peter Bernstein to help find their way across dark and shifting ground. No one alive understands Wall Street's intellectual history better, and that makes Bernstein our best and wisest guide to the future. He is the only person who could have written this book; thank goodness he did." —Jason Zweig, Investing Columnist, Money magazine "Another must-read from Peter Bernstein! This well-written and thought-provoking book provides valuable insights on how key finance theories have evolved from their ivory tower formulation to profitable application by portfolio managers. This book will certainly be read with keen interest by, and undoubtedly influence, a wide range of participants in international finance." —Dr. Mohamed A. El-Erian, President and CEO of Harvard Management Company, Deputy Treasurer of Harvard University, and member of the faculty of the Harvard Business School "Reading Capital Ideas Evolving is an experience not to be missed. Peter Bernstein's knowledge of the principal characters-the giants in the development of investment theory and practice-brings this subject to life." —Linda B. Strumpf, Vice President and Chief Investment Officer, The Ford Foundation "With great clarity, Peter Bernstein introduces us to the insights of investment giants, and explains how they transformed financial theory into portfolio practice. This is not just a tale of money and models; it is a fascinating and contemporary story about people and the power of their ideas." —Elroy Dimson, BGI Professor of Investment Management, London Business School "Capital Ideas Evolving provides us with a unique appreciation for the pervasive impact that the theory of modern finance has had on the development of our capital markets. Peter Bernstein once again has produced a masterpiece that is must reading for practitioners, educators and students of finance." —André F. Perold, Professor of Finance, Harvard Business School
Category: Business & Economics

A Primer On Money Banking And Gold Peter L Bernstein S Finance Classics

Author : Peter L. Bernstein
ISBN : 0470435208
Genre : Business & Economics
File Size : 38.42 MB
Format : PDF, ePub, Mobi
Download : 765
Read : 320

One of the foremost financial writers of his generation, Peter Bernstein has the unique ability to synthesize intellectual history and economics with the theory and practice of investment management. Now, with classic titles such as Economist on Wall Street, A Primer on Money, Banking, and Gold, and The Price of Prosperity—which have forewords by financial luminaries and new introductions by the author—you can enjoy some of the best of Bernstein in his earlier Wall Street days. With the proliferation of financial instruments, new areas of instability, and innovative capital market strategies, many economists and investors have lost sight of the fundamentals of the financial system—its strengths as well as its weaknesses. A Primer on Money, Banking, and Gold takes you back to the beginning and sorts out all the pieces. Peter Bernstein skillfully addresses how and why commercial banks lend and invest, where money comes from, how it moves from hand to hand, and the critical role of interest rates. He explores the Federal Reserve System and the consequences of the Fed's actions on the overall economy. But this book is not just about the past. Bernstein's novel perspective on gold and the dollar is critical for today's decision makers, as he provides extensive views on the future of money, banking, and gold in the world economy. This illuminating story about the heart of our economic system is essential reading at a time when developments in finance are more important than ever.
Category: Business & Economics

Streetwise

Author : Peter L. Bernstein
ISBN : 0691011281
Genre : Business & Economics
File Size : 58.64 MB
Format : PDF
Download : 936
Read : 1182

"Streetwise" brings together classic articles from the publication that helped revolutionize the way Wall Street does business. The editors have selected 41 of the most influential articles to appear in the journal over the past 25 years, some of them written by Nobel laureates and all aimed at stimulating dialogue between academic economists and investment professionals.
Category: Business & Economics

When All Else Fails

Author : David A. Moss
ISBN : 0674016092
Genre : Business & Economics
File Size : 59.38 MB
Format : PDF, Mobi
Download : 520
Read : 761

One of the most important functions of government--risk management--is one of the least well understood. Moving beyond the most familiar public functions--spending, taxation, and regulation--When All Else Fails spotlights the government's pivotal role as a risk manager. It reveals, as never before, the nature and extent of this governmental function, which touches almost every aspect of economic life. In policies as diverse as limited liability, deposit insurance, Social Security, and federal disaster relief, American lawmakers have managed a wide array of private-sector risks, transforming both the government and countless private actors into insurers of last resort. Drawing on history and economic theory, David Moss investigates these risk-management policies, focusing in particular on the original logic of their enactment. The nation's lawmakers, he finds, have long believed that pervasive imperfections in private markets for risk necessitate a substantial government role. It remains puzzling, though, why such a large number of the resulting policies have proven so popular in a country famous for its anti-statism. Moss suggests that the answer may lie in the nature of the policies themselves, since publicly mandated risk shifting often requires little in the way of invasive bureaucracy. Well suited to a society suspicious of government activism, public risk management has emerged as a critical form of government intervention in the United States.
Category: Business & Economics

Managing Risk And Uncertainty

Author : Richard Friberg
ISBN : 9780262528191
Genre : Business & Economics
File Size : 85.84 MB
Format : PDF, ePub, Docs
Download : 135
Read : 428

A comprehensive framework for assessing strategies for managing risk and uncertainty, integrating theory and practice and synthesizing insights from many fields.
Category: Business & Economics

Deep Risk

Author : William J. Bernstein
ISBN : 0988780313
Genre : Asset allocation
File Size : 56.48 MB
Format : PDF, Docs
Download : 117
Read : 328

This booklet takes portfolio design beyond the familiar "black box" mean-variance framework. Most importantly, the short-term volatility of financial assets, commonly measured as standard deviation, is a highly imperfect measure of the actual long-horizon perils faced by real-world investors subject to the vagaries of financial and military history. These risks have names--inflation, deflation, confiscation, and devastation--and any useful discussion of portfolio design of necessity incorporates their probabilities, consequences, and costs of mitigation ... This booklet contains ... with luck, a framework within income and all-equity portfolios. This booklet contains ... with luck, a framework within which to think more clearly about risk. Note: the entire Investing for Adults series is not for beginners.
Category: Asset allocation