
In his wonderful book, Against the Gods, Peter Bernstein shows how development of the study of probability made possible both informed gambling and informed investing.
Evidence details
Genius Isn’t EnoughMarks mentioned and praised Bernstein's book in a memo about probability, risk, and investing.
The quote is taken word for word from the source. It is a mention, not counted as a direct recommendation.
Oaktree Capital · 1998-10-09 · accessed 2026-06-22
Article · Oaktree memo
The PDF memo calls Against the Gods a wonderful book in a passage applying its ideas to investing.
