Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall StreetIn 1956 two Bell Labs scientists discovered the scientific formula for getting rich. One was mathematician Claude Shannon, neurotic father of our digital age, whose genius is ranked with Einstein's. The other was John L. Kelly Jr., a Texasborn, guntoting physicist. Together they applied the science of information theorythe basis of computers and the Internetto the problem of making as much money as possible, as fast as possible.

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Review: Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
Nutzerbericht  Chris Peterson  GoodreadsThe nerd in me expected more discussion of how/why the Kelly criterion formula works. More of a history book than a math/gambling book. Vollständige Rezension lesen
Review: Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
Nutzerbericht  Mark Schulz  GoodreadsAn interesting side to the genius of Claude Shannon. An enjoyable read, but I would have liked to have seen more of the maths. Now I have to read Kelly's paper. If you have an interest in the stock ... Vollständige Rezension lesen
Inhalt
ENTROPY  13 
BLACKJACK  79 
ARBITRAGE  115 
ST PETERSBURG WAGER  179 
RICO  239 
BLOWING UP  275 
SIGNAL AND NOISE  305 
Notes  331 
357  
Acknowledgments  369 
371  