Against the Sky: Legends of Risk Exploration

Author: Peter Bernstein [USA]
Publisher:
Publish Date: 1999-06-01
Features: This book is a bestseller that has made a sensation in the world of finance. Through examining the arduous journey of human exploration of risk, the author uses a series of carefully curated real-life stories to describe the anecdotes and of Greek philosophers and Arab mathematicians, merchants and scientists, world-renowned thinkers, and obscure but inspiring amateur scholars who helped discover modern methods that serve the present with the future, replace helplessness in the face of fate with choice and decision-making. The book aims to illustrate: risk is not only understandable but also controllable and manageable; risk is not to be feared, and in modern society, bearing effective risk often yields high rewards, making risk management synonymous with both challenge and opportunity. All of this will greatly help us better understand, recognize, and ultimately control risk. This book is suitable for students and faculty in economics and management at universities and colleges, as well as a broad readership.