Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos And Wall Street - Couverture souple

Poundstone, William

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9780809045990: Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos And Wall Street

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ISBN 10 : 0809045990 ISBN 13 : 9780809045990

Editeur : Hill & Wang, 2006

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Fortune's Formula In 1961, MIT mathematics professor Ed Thorp made a small Vegas fortune by "counting cards"; his 1962 bestseller, "Beat the Dealer," made the phrase a household word. With Claude Shannon, the father of information theory, Thorp next conquered the roulette tables. In this prosaic but fascinating cultural history, the author tells not only what they did but how they did it. Full description

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�diteurHill & Wang
Date d'�dition2006
ISBN 10 0809045990
ISBN 13 9780809045990
ReliureBroch�
Nombre de pages408
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9780809046379: Fortune's Formula: The Untold Story Of The Scientific Betting System That Beat The Casinos And Wall Street

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Fortune's Formula : The Untold Story of the Scientific Betting System That Beat the Casinos And Wall Street

Poundstone, William

Edit� par Hill and Wang (2006)

ISBN 10 : 0809045990 ISBN 13 : 9780809045990

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Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street by Poundstone, William [Paperback ]

Poundstone, William

Edit� par Hill and Wang (2006)

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Description du livre Soft Cover. Etat : new. N� de r�f. du vendeur 9780809045990

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Fortune's Formula Format: Paperback

William Poundstone

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ISBN 10 : 0809045990 ISBN 13 : 9780809045990

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Description du livre Etat : New. Brand New. N� de r�f. du vendeur 0809045990

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Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street

Poundstone, William

Edit� par Hill and Wang (2006)

ISBN 10 : 0809045990 ISBN 13 : 9780809045990

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Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street

Poundstone, William

Edit� par Hill and Wang (2006)

ISBN 10 : 0809045990 ISBN 13 : 9780809045990

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Description du livre Etat : New. New! This book is in the same immaculate condition as when it was published. N� de r�f. du vendeur 353-0809045990-new

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Fortune's Formula (Paperback)

William Poundstone

Edit� par Hill & Wang (2006)

ISBN 10 : 0809045990 ISBN 13 : 9780809045990

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Description du livre Paperback. Etat : new. Paperback. 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. In 1961, MIT mathematics professor Ed Thorp made a small Vegas fortune by "counting cards"; his 1962 bestseller, "Beat the Dealer," made the phrase a household word. With Claude Shannon, the father of information theory, Thorp next conquered the roulette tables. In this prosaic but fascinating cultural history, the author tells not only what they did but how they did it. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. N� de r�f. du vendeur 9780809045990

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