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Fortune's formula :the untold story ...

Poundstone, William.

Fortune's formula :the untold story of the scientific betting system that beat the casinos and Wall Street /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Fortune's formula :/ William Poundstone.
Reminder of title:	the untold story of the scientific betting system that beat the casinos and Wall Street /
Author:	Poundstone, William.
Published:	New York :Hill and Wang, : 2006.,
[NT 15000922]:	1st pbk. ed.
Description:	x, 386 p. :ill. ; : 21 cm.;
基督教聖經之智慧書導讀 :	In 1956 two Bell Labs scientists discovered the formula for getting rich. One was mathematician Claude Shannon, neurotic father of our digital age; the other was John L. Kelly, Jr., a Texas-born, gun-toting physicist. Together they applied 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 the tables of Las Vegas. It worked. They realized that there was even more money in the stock market, specifically in the risky trading known as arbitrage. Shannon became a successful investor, using his wealth to drop out of the scientific world. This book traces how the Kelly formula sparked controversy even as it made fortunes at racetracks, casinos, and trading desks.--From publisher description.
Subject:	Gambling. -
ISBN:	9780809045990 (pbk.)

Fortune's formula :the untold story of the scientific betting system that beat the casinos and Wall Street /
Poundstone, William.

Fortune's formula :the untold story of the scientific betting system that beat the casinos and Wall Street /William Poundstone. - 1st pbk. ed. - New York :Hill and Wang,2006. - x, 386 p. :ill. ;21 cm.

Includes bibliographical references (p. 357-367) and index.

Prologue : the wire service -- Entropy -- Blackjack -- Arbitrage -- ST. Petersburg wager -- Rico -- Blowing up -- Signal and noise.

In 1956 two Bell Labs scientists discovered the formula for getting rich. One was mathematician Claude Shannon, neurotic father of our digital age; the other was John L. Kelly, Jr., a Texas-born, gun-toting physicist. Together they applied 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 the tables of Las Vegas. It worked. They realized that there was even more money in the stock market, specifically in the risky trading known as arbitrage. Shannon became a successful investor, using his wealth to drop out of the scientific world. This book traces how the Kelly formula sparked controversy even as it made fortunes at racetracks, casinos, and trading desks.--From publisher description.

ISBN: 9780809045990 (pbk.)Subjects--Personal Names:

257495
Shannon, Claude Elwood,
1916-2001.Subjects--Topical Terms:

257496
Gambling.

LC Class. No.: HV6710 / .P68 2006

Fortune's formula :the untold story of the scientific betting system that beat the casinos and Wall Street /
LDR:01713nam0 2200229 i 450 001 191545
008 091215b c 000 0 eng
020 $a 9780809045990 (pbk.)
020 $a 0809045990 (pbk.) : $c NT578
035 $a 0253033
040 $a KMU $d KMU
041 0 # $a eng
044 $a xxu
050 # 4 $a HV6710 $b .P68 2006
087 $a 998 $b P874 2006
100 1 $2 97000 $a Poundstone, William. $3 256618
245 1 0 $a Fortune's formula : $b the untold story of the scientific betting system that beat the casinos and Wall Street / $c William Poundstone.
250 $a 1st pbk. ed.
260 # $a New York : $c 2006. $b Hill and Wang,
300 $a x, 386 p. : $b ill. ; $c 21 cm.
504 $a Includes bibliographical references (p. 357-367) and index.
505 0 # $a Prologue : the wire service -- Entropy -- Blackjack -- Arbitrage -- ST. Petersburg wager -- Rico -- Blowing up -- Signal and noise.
520 # $a In 1956 two Bell Labs scientists discovered the formula for getting rich. One was mathematician Claude Shannon, neurotic father of our digital age; the other was John L. Kelly, Jr., a Texas-born, gun-toting physicist. Together they applied 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 the tables of Las Vegas. It worked. They realized that there was even more money in the stock market, specifically in the risky trading known as arbitrage. Shannon became a successful investor, using his wealth to drop out of the scientific world. This book traces how the Kelly formula sparked controversy even as it made fortunes at racetracks, casinos, and trading desks.--From publisher description.
600 1 0 $a Shannon, Claude Elwood, $d 1916-2001. $3 257495
650 # 0 $2 96060 $a Gambling. $3 257496
650 # 0 $2 96060 $a Gambling $x History. $3 257497
650 # 0 $2 96060 $a Gambling $x Mathematical models. $3 257498
900 $c 到館:2009/04/15 $d 編目:2008/04/15

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