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

William Poundstone




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 | #17536 in Books |  Poundstone, William |  2006-09-19 |  2006-09-19 | Original language:English | PDF # 1 |  8.26 x1.14 x5.46l,.82 | File type: PDF | 386 pages

 | Hill Wang

||4 of 4 people found the following review helpful.| Very good book talking about the fundamentals between logic, information and probability|By Zizhuo Wang|This book talks about the fundamentals about logic, information and probability. It talks a lot about Claude Shannon's story which is very attractive to me. And then it discusses the generation of information theory and the essence of it. As a scientific researcher in a very|.com |Fortune's Formula is a fascinating study of the connections between such seemingly unrelated topics as gambling, information theory, stock investing, and applied mathematics. The story involves the stunning brainpower of men such as MIT professor C

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 mathemati...

You can specify the type of files you want, for your device.Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street   |  William Poundstone.Not only was the story interesting, engaging and relatable, it also teaches lessons.

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