Investor Presentaiton

Bernoulli: most famous family of mathematicians Three generations of one family generated an incredible amount of knowledge during the 17th and 18th century. Relevant for this lecture: Jacob Bernoulli developed and popularized expected value (1713 posthumously, following Pascal and Fermat). Nicolaus | Bernoulli stated the paradox (1713). Daniel Bernoulli invented utility to resolve it (1738, following Gabriel Cramer). Jacob (1654-1705) Nicolaus (1623-1708) Nicolaus (1662-1716) Nicolaus I (1687-1759) Johann (1667-1748)| Nicolaus II (1695-1726) Daniel (1700-1782) Johan II (1710-1790)| Johan III (1744-1807) Jakob II (1759-1789)

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