Peter Bernstein is an investment educator

Peter L. Bernstein. (1919 - 2009) is a recognized popularizer of the investment business, having worked in the field for more than three decades and written countless academic papers and books.

A financier by choice

The father of the hero of the article was a financial consultant, so it is quite possible that the subsequent financial success of the extremely capable son was genetically predetermined. In 1967, due to the unexpected death of Bernstein Sr. Peter inherited the family business, consisting of a firm engaged in wealth management for clients. By this point, the new fund manager Bernstein-Macaulay Inc. had two graduate degrees, including the famous Harvard, service in the U.S. Air Force during World War II, and five years of experience in commercial banking.

Peter Bernstein's successes

Peter Bernstein raised the revenues of the company he headed more than 10 times, but he decided to start his own business, and in 1973 founded the the consulting firm of Peter L. Bernstein, Inc.Aimed primarily at institutionalized organizations. investors. In 1974 Bernstein became editor-in-chief of the Journal of Portfolio Management, a popular financial journal, and also taught at the Department of Economics of his native Harvard University.

The works of Peter Bernstein

During his lifetime, Peter Bernstein wrote 10 books, mostly dealing with economic theory, and developed the concept of the efficient market. His most popular work is "Against the Gods. Taming the Risk" has been highly praised by critics and has won various literary awards.