[BOOK][B] Against the gods: The remarkable story of risk

PL Bernstein, PL Bernstein - 1996 - ams.org
The thesis of this interesting and provocative book is that modern civilization is largely
distinguished by its successful efforts first to understand and then to control risk. These efforts use, …

Liquidity, stock markets, and market makers

PL Bernstein - Financial Management, 1987 - JSTOR
The liquidity of the market for a company's stock is an important determinant of the cost of
capital. This paper explores the concept of liquidity in the stock market and evaluates different …

Risk as a History of Ideas

PL Bernstein - Financial Analysts Journal, 1995 - Taylor & Francis
The perception of risk throughout history has reflected the temper and times in each society
as the emphasis has swung from gut to measurement and back to gut. As long as people …

[BOOK][B] Capital ideas: the improbable origins of modern Wall Street

PL Bernstein - 1993 - books.google.com
When the recession of 1974 hit Wall Street, the investments profession desperately turned
to the theories of a small and unlikely group of academics for guidance in finding a way to …

What risk premium is “normal”?

RD Arnott, PL Bernstein - Financial Analysts Journal, 2002 - Taylor & Francis
The goal of this article is an estimate of the objective forward-looking US equity risk premium
relative to bonds through history—specifically, since 1802. For correct evaluation, such a …

The new religion of risk management.

PL Bernstein - Harvard business review, 1996 - elibrary.ru
Opinion. Questions the gains received from probability analysis which has replaced hunches
and intuition in business, weather forecasting, and race track winning. The origin of the …

[BOOK][B] The power of gold: the history of an obsession

PL Bernstein - 2012 - books.google.com
Peter Bernstein was reluctant to project the story of gold into the future. But to me his … Paul
Volcker In this exciting book, the late Peter L. Bernstein tells the story of history's most coveted, …

[BOOK][B] Wedding of the waters: The Erie Canal and the making of a great nation

PL Bernstein - 2005 - books.google.com
… This is now wonderfully confirmed by Peter Bernstein's wise and literate book. I cannot
think of any piece of North American history so important and so engaging." -JOHN …

[BOOK][B] Investment management

PL Bernstein, A Damodaran - 1998 - nickgogerty.typepad.com
2 transactions following a credit event by delivering to the protection seller one or more debt
instruments of the relevant reference entity. However, as demonstrated by prior CDS …

Dividends: Thepuzzle

PL Bernstein - Journal of Applied Corporate Finance, 1996 - Wiley Online Library
The discussion that follows begins by attacking the notion that the only outcome to be expected
from yields so far below the long-term average is a sequence of unsatisfactory returns, or…