4 ms·
A lot of people on Wall Street seem to be fans of that book, but I found it a rather dull history of probability theory. There wasn't much focus at all on the
by ctkrohn 18y ago
A lot of people on Wall Street seem to be fans of that book, but I found it a rather dull history of probability theory. There wasn't much focus at all on the development of the truly remarkable system of risk transfer and management via derivatives that underlies much of modern finance.