Against the Gods: The Remarkable Story of Risk

Front Cover
Wiley, Sep 7, 1996 - Business & Economics - 400 pages
141 Reviews
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

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An interesting overview of risk and statistics. - Goodreads
A bit boring and difficult to read. - Goodreads
Excellent non-technical introduction to risk analysis. - Goodreads
A great educational and informative book. - Goodreads
A page turner that you can take to the beach. - Goodreads

Review: Against the Gods: The Remarkable Story of Risk

User Review  - James - Goodreads

This book is an inside story on the great discoveries in probability, and the lives of people involved. At times it could be dense, and I would not describe it as either gripping or a page turner. However, it was insightful and interesting, even if it took me a while to slog through it. Read full review

Review: Against the Gods: The Remarkable Story of Risk

User Review  - Andrew - Goodreads

Skimmed the final 200 pages and gave up. The structure of an interesting book about the history of risk measurement is here, but the author isn't up to the task. His treatment of technical ... Read full review

About the author (1996)

PETER L. BERNSTEIN is President of Peter L. Bernstein, Inc., economic consultants to institutional investors. Mr. Bernstein is the author of six books in economics and finance, including the bestselling Capital Ideas: The Improbable Origins of Modern Wall Street, as well as many articles in the professional and popular press. He is the Editor of The Portable MBA in Investment (Wiley) and was the Founding Editor of The Journal of Portfolio Management.

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