What Have I Read of Late

  Against the Gods: The Remarkable Story of Risk Read: November 2021 This book concerns itself with calculation of risk. It begins with the historical roots of measurement of risk and wonders how come ancient civilizations with advanced mathematics could not take the logical step of calculating probabilities . How come Greeks who were very good with geometry, or Hindus who were excellent at arithmetic, or particularly, later on Arabs, who practically invented algebra, could not go a step ahead and come up with theory of probability. Why this seemingly simple step had to wait for hundreds of years to start its journey in Europe? According to the author, the reason lies in the fact that all ancient societies were fatalistic. The idea of risk management emerges only when people believe that they are free agents to some extent. Once the concept of free agency took root in the renaissance era Europe, a new branch of mathematics in probability was quick to spring out. Of course, the journey

What it Takes by Stephen Schwarzman Read: October 2021 Well written memoir by one of the most successful asset managers of all time, Stephen Schwarzman, founder of Blackstone. Most of the books written by otherwise successful CEOs are unreadable. Not this one. However, the book may be well written, but the story itself is nothing to write home about. Its a usual success story of a super successful entrepreneur. He is born in a middle class family, is good at academics and sports, goes to some of the top colleges, gets recruited by the top banks, then does well there, branches out on own, and builds a mega corporation. There are no heroic episodes, no thrills of ups and downs, just a well written diary. There are flashes of brilliance in deal making, philanthropic activities in the end, dabbling in political ambitions in the middle, and so on. Stephen Schwarzman is born in a Jewish small business family. Is a decent athlete. Goes to Yale on sports abilities. Leaves sports, concentrates

  Blood & Oil by Bradley Hope Read: September 2021 This book published in 2020 and tracing the arc of rise of the crown prince of Saudi Arabia, Mohammed Bin Salman (or MBS), reads like a fast paced thriller. The book essentially covers the 20 years of the life of prince till 2020, his evolution as the risk taker, liberalizer, and the autocrat. MBS was born as one of the numerous grandsons of the founder of Saudi Arabia and son of one of the powerful princes. For the first 15 years or so of his life, he did not show any visible signs of what he was to become later. His older half-brothers were much more accomplished than him- one being an academic, another the country's first astronaut, yet another a fighter pilot, and another world energy specialist and so on. But MBS had one good fortune to his side- affection of his father who doted on him. And as the luck would have it, father of MBS ended up being the King when few of the others in the line to the throne died of old age or

  The Order of Time by Carlo Rovelli Read: September 2021 Ironically, this somewhat dense book written on time, strives to prove that time is not an essential component of physics. Written by a physicist working in the field of quantum loop gravity extends the Einsteinian theory to emphasize that space and time are interchangeable and that time is not the arbiter of past and future; that work is done by presence of heat, or entropy. The ideas take a little time to get into your head, but it is because of what the author says is Newtonian indoctrination of the concept of time in our high school textbooks. He goes on to elaborate on the arc of history of debate about the nature of time. Aristotle considered time not as an independent entity, but only as a measurement of change. On the other hand, Newton elevated concept of time as a 'true' phenomena which would exist even if nothing else changes in the world. The term 't' became ubiquitous in his equations and slowly has

  The Black Count by Tom Reiss Read: September 2021 This is the fascinating story of Alexandre Dumas, not the celebrated author, but that of his father and namesake. This story, if not true, would seem to leap out of the famous author's book. In fact, a lot of what we read in The Count of Monte Cristo is inspired from the amazing life of his father. Senior Dumas was one of the foremost Generals of the revolutionary France. Amazingly, he joined French army as a lowly soldier, a dragoon , sort of cannon fodder, lower than even an infantry soldier. Within 10 years, helped by his staunch republicanism and currents of the revolution, he had become a General at the age of 31. And he goes on to carve historic victories for French army with his brute power and derring-do. He became a General when Napoleon was just a captain. But the brilliance, ambition, and cunning of the future dictator meant that Dumas had to serve in Napoleon's army later on, most notably at the siege of Fortress

  The Pope of Physics by Gino Segre Read: August 2021 This is a biography of Italy's most famous scientist Enrico Fermi who is duly credited with the breakthrough experiment which heralded the atomic age and he also created world's first atomic reactor (in a squash court!). Fermi came up about in a country which unlike its much advanced northern neighbor, did not even have a theoretical physics department in the whole of country when he took up the subject. Despite that early hindrance, Fermi went on to dazzle the physics world at an early age, created a group of scientists in Rome which became a center of quantum (and later atomic and nuclear) physics which was as good as any in Gottingen, Munich, or Berlin. In time he became both a theoretical and experimental physicist, a combination the likes of which the world has never since since. So a little sad though, for all his brilliant contributions to the field of physics, he was awarded a Nobel Prize in 1938 for discovery of a n