Fortune’s Formula
May 24, 2007
I’m currently reading William Poundstone‘s Fortune’s Forumula. I’m only 90 pages in, and Poundstone has already introduced the Mob, illegal gambling in the US, Claude Shannon and his Information Theory, John Kelly, Ed Thorp, Norbert Wiener and the connections thereof.
If you’re at all interested in the intersection between maths, gambling, computing and markets, this is the book for you.
Coding the markets 
May 26, 2007 at 12:22 pm
It’s really a good read. If you have not read Fooled By Randomness you should read the two books in relative proximity. Great contrast. It’s like eating the right combination of Jelly Belly jelly beans!
-JD
May 30, 2007 at 9:31 am
[…] 30th, 2007 Nearly finished Fortune’s Formula. I recommend it very strongly. It’s central theme is the Kelly criterion. Thanks to jd […]