



Read by Tim Ferriss, Barack Obama, Ray Dalio and 18 others

The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
by William Poundstone · 2005 · 386 pages

Charlie Munger
This book explores the intersection of information theory and finance, detailing the development of the Kelly Criterion by Bell Labs scientists. It traces how figures like Claude Shannon and Ed Thorp applied these mathematical principles to successfully navigate the worlds of professional gambling and the stock market.
Published
2005
Pages
386
Language
en
ISBN
9780809046379
Awards & Recognition
Audiobook Available