"A lot has happened in the financial markets since 1992, when Peter
Bernstein wrote his seminal Capital Ideas. Happily, Peter has taken
up his facile pen again to describe these changes, a virtual
revolution in the practice of investing that relies heavily on
complex mathematics, derivatives, hedging, and hyperactive trading.
This fine and eminently readable book is unlikely to be surpassed
as the definitive chronicle of a truly historic era."

?John C. Bogle, founder of The Vanguard Group and
author, The Little Book of Common Sense Investing



"Just as Dante could not have understood or survived the perils of
the Inferno without Virgil to guide him, investors today need Peter
Bernstein to help find their way across dark and shifting ground.
No one alive understands Wall Street's intellectual history better,
and that makes Bernstein our best and wisest guide to the future.
He is the only person who could have written this book; thank
goodness he did."

?Jason Zweig, Investing Columnist, Money
magazine



"Another must-read from Peter Bernstein! This well-written and
thought-provoking book provides valuable insights on how key
finance theories have evolved from their ivory tower formulation to
profitable application by portfolio managers. This book will
certainly be read with keen interest by, and undoubtedly influence,
a wide range of participants in international finance."

?Dr. Mohamed A. El-Erian, President and CEO of Harvard
Management Company, Deputy Treasurer of Harvard University, and
member of the faculty of the Harvard Business School



"Reading Capital Ideas Evolving is an experience not to be
missed. Peter Bernstein's knowledge of the principal characters-the
giants in the development of investment theory and practice-brings
this subject to life."

?Linda B. Strumpf, Vice President and Chief Investment
Officer, The Ford Foundation



"With great clarity, Peter Bernstein introduces us to the insights
of investment giants, and explains how they transformed financial
theory into portfolio practice. This is not just a tale of money
and models; it is a fascinating and contemporary story about people
and the power of their ideas."

?Elroy Dimson, BGI Professor of Investment Management,
London Business School



"Capital Ideas Evolving provides us with a unique
appreciation for the pervasive impact that the theory of modern
finance has had on the development of our capital markets. Peter
Bernstein once again has produced a masterpiece that is must
reading for practitioners, educators and students of
finance."

?André F. Perold, Professor of Finance, Harvard
Business School