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Avg. Customer Rating: 4.0 / 5.0
A History of Probability & its Applications This is a delightful and eminently readable history of probability and its applications, written by someone with a professional interest in, and an evident love for, his subject. Seasoned with anecdotes and asides, it was an education and a pleasure to read this account of a topic which enters into so many aspects of our lives, actuarial, economic or philosophical.
Outstanding Book of Clarity and Depth. There are books which the subject at hand could easily bore the lay person after the first chapter, however this is definetly not one of them. Shamefully, knowing little arithmetic(never mind maths), I was pleasantly ensnared in this feast of probability. It is written clearly and coherently and introduces the reader to a whole universe of number subjects which fascinated me from start to finish. From Pascals triangle to John Nash's work on game theory, I understood broadly, every concept the author... more info
Everything is a risk Are you a private investor looking for handy tips on hot stocks? Good luck, but this might not be for you. You won't find get-rick-quick advice in this scholarly work, but you might learn why you're drawn to actively managed funds despite their history of market underperformance. You'll also be enriched by the stories and depth of research here. Another reviewer objects that Bernstein credits the Greek mathematicians with less understanding of probability than a school child. It seemed to me that Bernstein... more info
A superb popularisation of a complex subject Bernstein has managed to take a subject which at first sight seems intensely boring, and has made it fascinating.
Whether or not you have any interest in Risk, Statistics or Econimics, you owe it to yourself to read this book. It is quite simply a "Ripping Yarn". Its greatness lies in Bernstein's ability to tell the story in an accessible manner, without dumbing down the essential facts.
Let me say it again: Read this book because it is a fascinating and well written story. The fact you will know a lot... more info
