Book · recommended on 1 episode
Against the Gods: The Remarkable Story of Risk
Peter Bernstein ISBN 9780471121046
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Peter Bernstein ISBN 9780471121046
Find it on AmazonAffiliate link — we may earn a commission at no extra cost to you.
This book by Peter Bernstein came up once on Tim Ferriss in the episodes we index. That mention was a genuine on-air recommendation, not just a passing reference. The people who brought it up: Michael Mauboussin. Every occurrence below links to the episode page and to the exact second it was said on YouTube.
History of Probability, Statistics and Risk Management presented in a clear and comprehensible way.
“against the gods is written by Peter Bernstein who was a brilliant economist and historian and it is the history of human understanding of risk”— Michael Mauboussin
The guest here is Michael Mauboussin: Head of Consilient Research on Counterpoint Global at Morgan Stanley Investment Management, longtime Columbia Business School adjunct finance professor, and author of investing classics including Think Twice, The Success Equation, More Than You Know, and Expectations Investing. Michael Mauboussin breaks down how great investors decide: base rates, wisdom of crowds, decision biases, and complex adaptive systems.
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