The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
"Seldom have true crime and smart math been blended together so engagingly."
-- Jim Holt, The Wall Street Journal
"Fortune's Formula may be the world's first history book, gambling primer, mathematics text, economics manual, personal finance guide and joke book in a single volume. Poundstone comes across like the best college professor you ever had, someone who can turn almost any technical topic into an entertaining and zesty lecture."
-- David Pogue, The New York Times Book Review
"An amazing story that gives a big idea the needed star treatment . . . Fortune's Formula will appeal to readers of such books as peter L. Bernstein's Against the Gods, Nassim Nicholas Taleb's Fooled by Randomness, and Roger Lowenstein's When Genius Failed.Â All try to explain why smart people take stupid risks.Â Poundstone goes them one better by showing how hedge fund Long-Term Capital Management, for one, could have avoided disaster by following the Kelly method."
-- Peter Coy, Business Week (four stars)
William Poundstone is the bestselling author of nine nonfiction books, two of which (Labyrinths of Reason and The Recursive Universe) were nominated for the Pulitzer Prize.
This 386-page softcover book is in very good condition. The cover is smooth and clean, with lightly tanned inside covers. Pages are intact, lightly toned, clean, and crisp. The binding is firm/tight. There are no names, no highlighting, and no remainder mark. This is a nice book, gently used, and ready to be enjoyed!
Thank you very much!