Because Blaise Pascal Knew The Art of Risk Management and the Importance of Consequences


The late economic historian, and former financier Peter Bernstein explains this fact well in an article published in the New York Times during the early innings of the tumult of the U.S. debt crisis. Bernstein authored a half dozen classics, among them Against the Gods, the Remarkable Story of Risk, which was published in 1996.

It was in that book that I became reaquainted with Blaise Pascal, [Read more...]

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