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Fortune's Formula_ The Untold Story Of The Scientific Betting System That Beat The Casinos And Wall Street By William Poundstone EPUB EBOOK-ZAK

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	Status:	All the torrents in this section have been verified by our verification system
Category:	eBooks
Infohash	822fe05a2b72807f459dc23ef7745dede6773824
Size:	3 MB in 3 files
Release Date(s):	Torrent Release: 15-09-2017 by user
Swarm:	0 Seeds & 0 Peers
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Fortune's Formula_ The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street by William Poundstone ePUB eBOOK-ZAK

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 Fortune's Formula will convince you that he was right.

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FILE LIST

Filename		Size
	audiobook-sample.mp3	2.3 MB
	ff.epub	713.2 KB
	free audiobook version.txt	366 B

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