As Louis Bachelier wrote in 1914, "It is almost always gambling that enables one to form a fairly clear idea of a manifestation of chance; it is gambling that gave birth to the calculus of probability; it is to gambling that this calculus owes its first faltering utterances and its most recent developments; it is gambling that allows us to conceive of this calculus in the most general way; it is, therefore, gambling that one must strive to understand, but one should understand it in a philosophic sense, free from all vulgar ideas."