Tuesday, June 09, 2009

Peter Bernstein, Consultant, ‘Capital Ideas’ Author, Dies at 90 - Bloomberg.com

We have lost a great great mind in finance. :( If you have not read his books, I highly suggest you do! Great writer.

Peter Bernstein, Consultant, ‘Capital Ideas’ Author, Dies at 90 - Bloomberg.com:
"June 8 (Bloomberg) -- Peter L. Bernstein, an economic consultant and historian whose prolific writing built a bridge between academic theory and practice in the financial world, has died. He was 90.

He died after contracting pneumonia, according to the New York Times, citing his family.

Bernstein had run his New York-based consulting firm and produced Economics & Portfolio Strategy, a twice-monthly newsletter, since 1973. The publication’s readers own or manage more than $5 trillion, according to the firm’s Web site.

He wrote 10 books on economics and finance, including “Capital Ideas: The Improbable Origins of Modern Wall Street” (1991), which is considered a landmark work on modern investment theories and practices."

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