Louis Bachelier’s Theory of Speculation, from Jeff Watson
One must admire the first guy to introduce Brownian Motion into a theory about speculation.
Louis Bachelier's Theory of Speculation: The Origins of Modern Finance
Asindu Drileba wrires:
If you like that, you may find Louis Bachelier's other book Sketches in Quantitative Finance interesting. It's very accessible as it has no complex math and describes many concepts in probability/statistics in a very straightforward way. In it, he say's for example that despite Martingale strategies looking lucrative, "no one has gotten rich by using this method."