Readers reviews of Against the Gods
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The best and
clearest discussion of risk and the tools of assessing risk that I have come
across. He avoid deep mathematics and shows how our concepts of risk have
changed. Very applicable to individual trading approaches. You do
not need an open spreadsheet beside you to understand this book.
One of the most entertaining and enlightening books on risk I have found. Written in a
style that makes it difficult to put down.
Rather than just discussing risk management approaches, Bernstein describes the history of
our understanding of risk, inlcuding
its origins. It is interesting that much of what we know today came about from a simple
question regarding an unfinished game. The book shows that the concept of risk itself was
a leap forward for the human race.
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