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Fortune'S Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street [Audiobook] download free by William Poundstone

Fortune'S Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street Audiobook download free by William Poundstone
  • Listen audiobook: Fortune'S Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
  • Author: William Poundstone
  • Release date: 2006/3/20
  • Publisher: HILL & WANG
  • Language: English
  • Genre or Collection: Business, Finance and Law
  • ISBN: 9780809045990
  • Rating: 8.98 of 10
  • Votes: 622
  • Review by: Amber Noonan
  • Review rating: 8.92 of 10
  • Review Date: 2018/11/23
  • Duration: 4H48M55S in 256 kbps (77.2 MB)
  • Date of creation of the audiobook: 2018-09-16
  • You can listen to this audiobook in formats: ATRAC, FLAC, MPEG4, WMA, MP3, AIFF, WAV, OPUS (compression TAR.Z, LHA, RAR, ZIP)
  • Total pages original book: 386
  • Includes a PDF summary of 38 pages
  • Duration of the summary (audio): 28M38S (7.6 MB)
  • Description or summary of the audiobook: 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.
  • Other categories, genre or collection: Investment & Securities, Personal Finance, History Of The Americas
  • Download servers: CloudBuckIt, Uploaded, 4Shared, MEGA, Google Drive, FreakShare, Mediafire, Nextcloud. Compressed in TAR.Z, LHA, RAR, ZIP
  • Format: Paperback
  • Approximate value: 17.77 USD
  • Dimensions: 139x210x28mm
  • Weight: 372g
  • Printed by: Not Available
  • Published in: New York, United Kingdom

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Categories: English, Business, Finance and Law, 2006
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Publishers
HACHETTE JESSICA KINGSLEY PUBLISHERS AMACOM GUILFORD PUBLICATIONS POLITY PRESS LITTLE, BROWN BOOK GROUP JOHN WILEY AND SONS LTD
Languages
French English Polish Spanish Not Available
Genres
Business, Finance and Law Teaching Resources and Education