Fortune s Formula

Fortune s Formula
Author: William Poundstone
Publsiher: Hill and Wang
Total Pages: 400
Release: 2010-06-01
ISBN: 9780374707088
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Fortune s Formula Book Excerpt:

In 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 Texas-born, gun-toting physicist. Together they applied the science of information theory—the basis of computers and the Internet—to the problem of making as much money as possible, as fast as possible. Shannon and MIT mathematician Edward O. Thorp took the "Kelly formula" to Las Vegas. It worked. They realized that there was even more money to be made in the stock market. Thorp used the Kelly system with his phenomenally successful hedge fund, Princeton-Newport Partners. Shannon became a successful investor, too, topping even Warren Buffett's rate of return. Fortune's Formula traces how the Kelly formula sparked controversy even as it made fortunes at racetracks, casinos, and trading desks. It reveals the dark side of this alluring scheme, which is founded on exploiting an insider's edge. Shannon believed it was possible for a smart investor to beat the market—and William Poundstone's Fortune's Formula will convince you that he was right.

Mathletics

Mathletics
Author: Wayne L. Winston,Scott Nestler,Konstantinos Pelechrinis
Publsiher: Princeton University Press
Total Pages: 608
Release: 2022-02-22
ISBN: 0691177627
Category: Computers
Language: EN, FR, DE, ES & NL

Mathletics Book Excerpt:

How to use math to improve performance and predict outcomes in professional sports Mathletics reveals the mathematical methods top coaches and managers use to evaluate players and improve team performance, and gives math enthusiasts the practical skills they need to enhance their understanding and enjoyment of their favorite sports—and maybe even gain the outside edge to winning bets. This second edition features new data, new players and teams, and new chapters on soccer, e-sports, golf, volleyball, gambling Calcuttas, analysis of camera data, Bayesian inference, ridge regression, and other statistical techniques. After reading Mathletics, you will understand why baseball teams should almost never bunt; why football overtime systems are unfair; why points, rebounds, and assists aren’t enough to determine who’s the NBA’s best player; and more.

The Korea Review

The Korea Review
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 2022
ISBN: 1928374650XXX
Category: Korea
Language: EN, FR, DE, ES & NL

The Korea Review Book Excerpt:

Futures

Futures
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 2004
ISBN: 1928374650XXX
Category: Commodity exchanges
Language: EN, FR, DE, ES & NL

Futures Book Excerpt:

Business Week

Business Week
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 2007
ISBN: 1928374650XXX
Category: Business
Language: EN, FR, DE, ES & NL

Business Week Book Excerpt:

Journal of Investment Management

Journal of Investment Management
Author: Anonim
Publsiher: Unknown
Total Pages: 522
Release: 2007
ISBN: 1928374650XXX
Category: Investment analysis
Language: EN, FR, DE, ES & NL

Journal of Investment Management Book Excerpt:

Asia Inc

Asia  Inc
Author: Anonim
Publsiher: Unknown
Total Pages: 276
Release: 2005
ISBN: 1928374650XXX
Category: Asia
Language: EN, FR, DE, ES & NL

Asia Inc Book Excerpt:

Touch d with Madness

Touch d with Madness
Author: Hilton Howell Railey
Publsiher: New York : Carrick & Evans, Incorporated
Total Pages: 360
Release: 1938
ISBN: 1928374650XXX
Category: Adventure and adventurers
Language: EN, FR, DE, ES & NL

Touch d with Madness Book Excerpt:

Proceedings of the National Association of Insurance Commissioners

Proceedings of the National Association of Insurance Commissioners
Author: National Association of Insurance Commissioners,National Association of Insurance Commissioners. Meeting
Publsiher: Unknown
Total Pages: 1202
Release: 1979
ISBN: 1928374650XXX
Category: Insurance
Language: EN, FR, DE, ES & NL

Proceedings of the National Association of Insurance Commissioners Book Excerpt:

Vols. for 1914- include adjourned meetings.

Inkomens en vermogens verdeling

Inkomens  en vermogens  verdeling
Author: J. van der Wijk
Publsiher: Unknown
Total Pages: 295
Release: 1939
ISBN: 1928374650XXX
Category: Economics
Language: EN, FR, DE, ES & NL

Inkomens en vermogens verdeling Book Excerpt:

Arts Humanities Citation Index

Arts   Humanities Citation Index
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 1996
ISBN: 1928374650XXX
Category: Arts
Language: EN, FR, DE, ES & NL

Arts Humanities Citation Index Book Excerpt:

Men who Make Us Rich

Men who Make Us Rich
Author: Edward Ziegler
Publsiher: New York : Macmillan
Total Pages: 353
Release: 1962
ISBN: 1928374650XXX
Category: United States
Language: EN, FR, DE, ES & NL

Men who Make Us Rich Book Excerpt:

Beat the Dealer a Winning Strategy for the Game of Twenty one

Beat the Dealer  a Winning Strategy for the Game of Twenty one
Author: Edward O. Thorp
Publsiher: Unknown
Total Pages: 236
Release: 1962
ISBN: 1928374650XXX
Category: Blackjack (Game)
Language: EN, FR, DE, ES & NL

Beat the Dealer a Winning Strategy for the Game of Twenty one Book Excerpt:

Too Smart for Our Own Good Ingenious Investment Strategies Illusions of Safety and Market Crashes

Too Smart for Our Own Good  Ingenious Investment Strategies  Illusions of Safety  and Market Crashes
Author: Bruce I. Jacobs
Publsiher: McGraw Hill Professional
Total Pages: 464
Release: 2018-08-17
ISBN: 1260440559
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Too Smart for Our Own Good Ingenious Investment Strategies Illusions of Safety and Market Crashes Book Excerpt:

How investment strategies designed to reduce risk can increase risk for everyone—and can crash markets and economies Financial crises are often blamed on unforeseeable events, the unforgiving nature of capital markets, or just plain bad luck. Too Smart for Our Own Good argues that these crises are caused by certain alluring investment strategies that promise both high returns and safety of capital. In other words, the severe and widespread crises we have suffered in recent decades were not perfect storms. Instead, they were made by us. By understanding how and why this is so, we may be able to avoid or ameliorate future crises—and maybe even anticipate them. One of today’s leading financial thinkers, Bruce I. Jacobs, examines recent financial crises—including the 1987 stock market crash, the 1998 collapse of the hedge fund Long-Term Capital Management, the 2007–2008 credit crisis, and the European debt crisis—and reveals the common threads that explain these market disruptions. In each case, investors in search of safety were drawn to novel strategies that were intended to reduce risk but actually magnified it—and blew up markets. Too Smart for Our Own Good takes a behind-the-curtain look at: • The inseparable nature of investment risk and reward and the often counterproductive effects of some popular approaches for reducing risk • A trading strategy known as portfolio insurance and the key role it played in the 1987 stock market crash • How option-related trading disrupted markets in the decade following the 1987 crash • Why the demise of Long-Term Capital Management in 1998 wreaked havoc on US stock and bond markets • How mortgage-backed financial products, by shifting risk from one party to another, created the credit crisis of 2007–2008 and contributed to the subsequent European debt crisis This broad, detailed investigation of financial crises is the most penetrating and objective look at the subject to date. In addition, Jacobs, an industry insider, offers invaluable insights into the nature of investment risk and reward, and how to manage risk. Risk is unavoidable—especially in investing—and financial markets connect us all. Until we accept these facts and manage risk in responsible ways, major crises will always be just around the bend. Too Smart for Our Own Good is a big step toward smarter investing—and a better financial future for everyone.

The American Oxonian

The American Oxonian
Author: Anonim
Publsiher: Unknown
Total Pages: 135
Release: 2006
ISBN: 1928374650XXX
Category: University of Oxford
Language: EN, FR, DE, ES & NL

The American Oxonian Book Excerpt:

List of Rhodes scholars, 1904-1915: v.2 p. [145]-161. Vol. for 1934- include Addresses and occupations of Rhodes scholars and other Oxonians (called 1934-36, Addresses and occupations of Rhodes scholars).

Gambling and Commercial Gaming

Gambling and Commercial Gaming
Author: William R. Eadington,Judy A. Cornelius
Publsiher: University of Nevada Press
Total Pages: 712
Release: 1992
ISBN: 1928374650XXX
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Gambling and Commercial Gaming Book Excerpt:

Provides a look at lotteries, pari-mutuel racing, sports betting from the standpoint of economic and fiscal implications, and marketing and management issues.

Korea Review

Korea Review
Author: Anonim
Publsiher: Unknown
Total Pages: 650
Release: 1903
ISBN: 1928374650XXX
Category: Korea
Language: EN, FR, DE, ES & NL

Korea Review Book Excerpt:

The New York Times Index

The New York Times Index
Author: Anonim
Publsiher: Unknown
Total Pages: 2094
Release: 2005
ISBN: 1928374650XXX
Category: Indexes
Language: EN, FR, DE, ES & NL

The New York Times Index Book Excerpt:

Artificial Intelligence the Heuristic Programming Approach

Artificial Intelligence  the Heuristic Programming Approach
Author: James R. Slagle
Publsiher: Unknown
Total Pages: 196
Release: 1971
ISBN: 1928374650XXX
Category: Artificial intelligence
Language: EN, FR, DE, ES & NL

Artificial Intelligence the Heuristic Programming Approach Book Excerpt:

The Encyclopedia of Motor Sport

The Encyclopedia of Motor Sport
Author: G. N. Georgano
Publsiher: Michael Joseph
Total Pages: 656
Release: 1971
ISBN: 1928374650XXX
Category: Automobile racing
Language: EN, FR, DE, ES & NL

The Encyclopedia of Motor Sport Book Excerpt: