Author: Thomas Stearns EliotPublisher:
ISBN:
Category : Criterion (London, England : 1922)
Languages : en
Pages : 0
Book Description
The Criterion
Author: Thomas Stearns EliotPublisher:
ISBN:
Category : Criterion (London, England : 1922)
Languages : en
Pages : 0
Book Description
The Monthly Criterion
Author: Monthly Criterion
Author: The Monthly Criterion
Author: Thomas Stearns EliotThe New Criterion Reader
Author: Hilton KramerPublisher: Simon and Schuster
ISBN: 0029176417
Category : Arts
Languages : en
Pages : 456
Book Description
Gathers essays about modernism, Marxist criticism art patronage, Wallace Stevens, Picasso, Aaron Copland, Michel Foucault, Barbara Pym, Richard Serra, and Cindy Sherman.
Criterion Designs
Author: Eric SkillmanPublisher:
ISBN: 9781604659368
Category : Commercial art
Languages : en
Pages : 0
Book Description
This book features a selection of DVD and Blu-ray disc covers, supplemental art, and never-before-seen sketches and concept art commissioned for Criterion releases, plus a gallery of every Criterion DVD and Blu-ray disc cover since the collection's first laserdisc thirty years ago.
The Month
Author: The Monthly Criterion
Author: Thomas Stearns EliotPublisher:
ISBN:
Category : Literature, Modern
Languages : en
Pages : 0
Book Description
The Criterion
Author: The Kelly Capital Growth Investment Criterion
Author: Leonard C. MacLeanPublisher: World Scientific
ISBN: 9814293490
Category : Business & Economics
Languages : en
Pages : 883
Book Description
This volume provides the definitive treatment of fortune's formula or the Kelly capital growth criterion as it is often called. The strategy is to maximize long run wealth of the investor by maximizing the period by period expected utility of wealth with a logarithmic utility function. Mathematical theorems show that only the log utility function maximizes asymptotic long run wealth and minimizes the expected time to arbitrary large goals. In general, the strategy is risky in the short term but as the number of bets increase, the Kelly bettor's wealth tends to be much larger than those with essentially different strategies. So most of the time, the Kelly bettor will have much more wealth than these other bettors but the Kelly strategy can lead to considerable losses a small percent of the time. There are ways to reduce this risk at the cost of lower expected final wealth using fractional Kelly strategies that blend the Kelly suggested wager with cash. The various classic reprinted papers and the new ones written specifically for this volume cover various aspects of the theory and practice of dynamic investing. Good and bad properties are discussed, as are fixed-mix and volatility induced growth strategies. The relationships with utility theory and the use of these ideas by great investors are featured.