Peter bernsteins against the gods the remarkable story of risk traces not only their relationship but the complete history of mans understanding of probability and risk and the lives of the many thinkers who explored it the book follows the development of modern elementary mathematics probability distribution risk management game . To students of statistics a short story about risk through the history. Against the gods has two parts a history of how views of risk developed within western civilization and then a examination of the tools and misuse of risk managements in modern finance. 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 todayan extremely readable history of riskbarronsfascinating this challenging volume will help you understand the uncertainties that every
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