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Author: William Poundstone Publisher: Hill and Wang ISBN: 0374707081 Category : Business & Economics Languages : en Pages : 399
Book Description
In 1956, two Bell Labs scientists discovered the scientific formula for getting rich. One was mathematician Claude Shannon, neurotic father of our digital age, whose genius is ranked with Einstein's. The other was John L. Kelly Jr., a Texas-born, gun-toting physicist. Together they applied the science of 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 Las Vegas. It worked. They realized that there was even more money to be made in the stock market. Thorp used the Kelly system with his phenomenally successful hedge fund, Princeton-Newport Partners. Shannon became a successful investor, too, topping even Warren Buffett's rate of return. Fortune's Formula traces how the Kelly formula sparked controversy even as it made fortunes at racetracks, casinos, and trading desks. It reveals the dark side of this alluring scheme, which is founded on exploiting an insider's edge. Shannon believed it was possible for a smart investor to beat the market—and William Poundstone's Fortune's Formula will convince you that he was right.
Author: William Poundstone Publisher: Hill and Wang ISBN: 0374707081 Category : Business & Economics Languages : en Pages : 399
Book Description
In 1956, two Bell Labs scientists discovered the scientific formula for getting rich. One was mathematician Claude Shannon, neurotic father of our digital age, whose genius is ranked with Einstein's. The other was John L. Kelly Jr., a Texas-born, gun-toting physicist. Together they applied the science of 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 Las Vegas. It worked. They realized that there was even more money to be made in the stock market. Thorp used the Kelly system with his phenomenally successful hedge fund, Princeton-Newport Partners. Shannon became a successful investor, too, topping even Warren Buffett's rate of return. Fortune's Formula traces how the Kelly formula sparked controversy even as it made fortunes at racetracks, casinos, and trading desks. It reveals the dark side of this alluring scheme, which is founded on exploiting an insider's edge. Shannon believed it was possible for a smart investor to beat the market—and William Poundstone's Fortune's Formula will convince you that he was right.
Author: Carley Fortune Publisher: Penguin ISBN: 059343854X Category : Fiction Languages : en Pages : 295
Book Description
"A radiant debut."—Emily Henry, #1 New York Times bestselling author of Book Lovers THE NEW YORK TIMES BESTSELLER! Named One of the Hottest Reads of Summer 2022 by Today ∙ Parade ∙ PopSugar ∙ USA Today ∙ SheReads ∙ BuzzFeed ∙ BookBub ∙ Bustle ∙ and more! Six summers to fall in love. One moment to fall apart. A weekend to get it right. They say you can never go home again, and for Persephone Fraser, ever since she made the biggest mistake of her life a decade ago, that has felt too true. Instead of glittering summers on the lakeshore of her childhood, she spends them in a stylish apartment in the city, going out with friends, and keeping everyone a safe distance from her heart. Until she receives the call that sends her racing back to Barry’s Bay and into the orbit of Sam Florek—the man she never thought she’d have to live without. For six summers, through hazy afternoons on the water and warm summer nights working in his family’s restaurant and curling up together with books—medical textbooks for him and work-in-progress horror short stories for her—Percy and Sam had been inseparable. Eventually that friendship turned into something breathtakingly more, before it fell spectacularly apart. When Percy returns to the lake for Sam’s mother’s funeral, their connection is as undeniable as it had always been. But until Percy can confront the decisions she made and the years she’s spent punishing herself for them, they’ll never know whether their love might be bigger than the biggest mistakes of their past. Told over the course of six years and one weekend, Every Summer After is a big, sweeping nostalgic story of love and the people and choices that mark us forever.
Author: Mark R Tercek Publisher: Basic Books ISBN: 0465046967 Category : Business & Economics Languages : en Pages : 274
Book Description
What is nature worth? The answer to this question -- which traditionally has been framed in environmental terms -- is revolutionizing the way we do business. In Nature's Fortune, Mark Tercek, CEO of The Nature Conservancy and former investment banker, and science writer Jonathan Adams argue that nature is not only the foundation of human well-being, but also the smartest commercial investment any business or government can make. The forests, floodplains, and oyster reefs often seen simply as raw materials or as obstacles to be cleared in the name of progress are, in fact as important to our future prosperity as technology or law or business innovation. Who invests in nature, and why? What rates of return can it produce? When is protecting nature a good investment? With stories from the South Pacific to the California coast, from the Andes to the Gulf of Mexico and even to New York City, Nature's Fortune shows how viewing nature as green infrastructure allows for breakthroughs not only in conservation -- protecting water supplies; enhancing the health of fisheries; making cities more sustainable, livable and safe; and dealing with unavoidable climate change -- but in economic progress, as well. Organizations obviously depend on the environment for key resources -- water, trees, and land. But they can also reap substantial commercial benefits in the form of risk mitigation, cost reduction, new investment opportunities, and the protection of assets. Once leaders learn how to account for nature in financial terms, they can incorporate that value into the organization's decisions and activities, just as habitually as they consider cost, revenue, and ROI. A must-read for business leaders, CEOs, investors, and environmentalists alike, Nature's Fortune offers an essential guide to the world's economic -- and environmental -- well-being.
Author: Michael Fallon Publisher: Twenty-First Century Books ™ ISBN: 1541538250 Category : Young Adult Nonfiction Languages : en Pages : 99
Book Description
Self-driving cars mark the next great shift in mass transportation. Learn about early attempts at self-driving technology, the benefits of driverless cars, controversies surrounding the new technology, innovations that make self-driving cars possible, and the industry's major players. This emerging "disruptive" technology has its roots in the work of engineers and futurists dating back decades. Author Michael Fallon traces how the software and hardware for self-driving vehicles developed through the years, including major milestones, notable misfires, and efforts from the public and private sectors. He also spotlights recent breakthroughs that have made self-driving vehicles viable on a mass scale, along with the public debate that these breakthroughs have created.
Author: Jana DeLeon Publisher: Jana DeLeon ISBN: 1940270774 Category : Fiction Languages : en Pages :
Book Description
Death is a roller coaster. The traveling carnival has made its stop in Sinful and everyone is ready for thrilling rides, challenging games, and most importantly, funnel cake. But when a man is murdered in the funhouse and Emmaline LeBlanc is knocked unconscious so the killer can escape, the good times are over. Carter is beside himself wanting to hunt down the man responsible for putting his mother in the hospital, but he can’t investigate when he’s related to one of the victims. Palmer Reed was well known as a boy by most everyone in Sinful for being a sneak, a liar, and sometimes a thief. As an adult, he continued his reign of underachieving and mostly making people angry wherever he went. Now he’s a state police detective and is assigned to the case, but Fortune knows that to get Carter the answers he needs, Swamp Team 3 has to take on the investigation. As they dig deep into the confusion and lies that surround the murder, they uncover a secret that could devastate Carter and Emmaline, but Fortune is determined to discover the truth…whatever that may be.
Author: Allison Leigh Publisher: Harlequin ISBN: 1488093636 Category : Fiction Languages : en Pages : 151
Book Description
A professional rodeo rider gets lassoed in love in the New York Times–bestselling author’s contemporary Western romance. Rodeo star Grayson Fortune is seeking a reprieve from the limelight. So as his sweet real estate agent, Billie Pemberton, searches to find him the perfect home, he struggles to keep his mind on business. Having grown up with the image of his famous (philandering) Fortune father, Grayson is sure he’s not cut out for commitment. Roping young, innocent Billie into a fling would only break her heart. But Billie is convinced that love and family are Grayson’s true birthright . . .
Author: Ross Bentley Publisher: Motorbooks International ISBN: 0760352372 Category : Sports & Recreation Languages : en Pages : 163
Book Description
Become a better performance driver with Speed Secrets With the promise of autonomous vehicles in our near future, and current cars equipped with all sorts of mind-boggling driver aides, many feel that the art (and science) of performance driving has been lost - or will be. But no! For every device designed to take the act of driving out of our hands, the desire to actively participate in the control of a car becomes even stronger for driving enthusiasts. One only needs to look at the number of performance cars available today to see that the desire to truly drive is still in strong demand. In Speed Secrets: The Lost Art of Performance Driving, Ross Bentley explains in plain language how you can become an even better performance-oriented driver, whether it's to enjoy a twisty mountain highway, to take that secret back-road route to work, or to participate in a track day on a racing circuit. From how best to use your car's controls, to cornering, to dealing with adverse driving conditions, this book will make you a better performance driver. Along the way, you'll learn what ABS, traction and stability control, self-braking systems, and semi-automatic transmissions do and how best to incorporate them into your driving. Speed Secrets: The Lost Art of Performance Driving will help you understand your car well and be an even better, faster driver. Most importantly, it will fuel your passion for driving!
Author: Jun Zhang Publisher: Cornell University Press ISBN: 1501738429 Category : Social Science Languages : en Pages : 214
Book Description
In Driving toward Modernity, Jun Zhang ethnographically explores the entanglement between the rise of the automotive regime and emergence of the middle class in South China. Focusing on the Pearl River Delta, one of the nation's wealthiest regions, Zhang shows how private cars have shaped everyday middle-class sociality, solidarity, and subjectivity, and how the automotive regime has helped make the new middle classes of the PRC. By carefully analyzing how physical and social mobility intertwines, Driving toward Modernity paints a nuanced picture of modern Chinese life, comprising the continuity and rupture as well as the structure and agency of China's great transformation.
Author: William Poundstone
Author: William Poundstone
Author: Carley Fortune
Author: Mark R Tercek
Author: Michael Fallon
Author: Jana DeLeon
Author: Allison Leigh
Author: Henry Christopher Bailey
Author: Alex Davies
Author: Ross Bentley
Author: Jun Zhang