Consequences are more important than probabilities
Why no amount of money is worth playing Russian Roulette
| Leon Lin | Mar 18 |
Takeaway
Survival is the only road to riches in investing
Peter Bernstein interview by Jason Zweig
Peter Bernstein was a famous author and asset manager who died in 2009. He's best known for "Against The Gods: The Remarkable Story of Risk", a book on the history of risk which has sold >500k copies.