Tag
3 essays on this topic.
Against the Gods
A reflection on the far-reaching themes of Against the Gods: the measure of our ignorance, radical new views of uncertainty, behavioral finance, derivatives, and the frontiers we still cannot model.
Against the Gods
How pioneering mathematicians, the birth of insurance, and modern portfolio theory transformed risk from a nebulous concept into a quantifiable asset, and why even our best models sometimes fail.
Against the Gods
How humanity gradually overcame fatalism and mysticism to develop the modern concept of risk. Part one of a series, inspired by Peter Bernstein.