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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 Poundstone

(9)

| Paperback | 9780809045990

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Book Description

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 Continue

2 Reviews

Interesting topic, well researched, well written, but the mafia parts are sometimes a bit boring...

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Quartz said on May 31, 2011 | Add your feedback

This is a book about stories on beating the casinos and then the market using Kelly formula by systematically weighs your wagers depending on the edge). The author is a good story teller with plots linking different well known names, including academics, gamblers, gangster and investors. A good read ... (continue)

This is a book about stories on beating the casinos and then the market using Kelly formula by systematically weighs your wagers depending on the edge). The author is a good story teller with plots linking different well known names, including academics, gamblers, gangster and investors. A good read for leisure.
And yes, don't expect to learn formula to get any edge over casinos and markets.

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Waleswong said on Dec 27, 2010 about the Hardcover edition | Add your feedback