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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 · 2005 · 386 pages

Charlie Munger
Charlie Munger
Recommended by 1 elite

Recommended by 1 Elite

Charlie Munger

About This Book

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.

Book Details

Published

2005

Pages

386

Language

en

ISBN

9780809046379

Awards & Recognition

Amazon Editors' Pick: #1 Nonfiction Book of the Year (2005)

Audiobook Available

10h 2m
Narrated by Jeremy Arthur

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