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

This work examines the Kelly criterion, a mathematical formula developed at Bell Labs to determine optimal investment and wager sizing. It explores the history of the strategy in gambling and financial markets, detailing methods used to maximise wealth while managing volatility.

Accession 29003 ISBN 9780809046379 Publisher Hill and Wang
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Fortune's formula : the untold story of the scientific betting system that beat the casinos and Wall Street spine
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Curated Derived
Gambling Information Mathematics Money
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