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Ha! Just this morning I was reading about the development of probability theory and risk management in "Against the Gods" by Peter Bernstein [1]. I just finished the chapter on the Bernoullis contributions. Interesting read!

[1] http://www.amazon.com/Against-Gods-Remarkable-Story-Risk/dp/...




'Against the Gods' is an excellent book. I can't recommend it highly enough to anybody who is at all interested in any kind of risk, or the financial markets.




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