The writing is solid and the characters were all real and are accurately described

The writing is solid and the characters were all real and are accurately described  Read Less

Excellent introduction of the development and history of the kelly formula and its application in a 34story34 format

Excellent introduction of the development and history of the kelly formula and its application in a 34story34 format  Read Less

Despite the long buildup once the author finally got to the point and then expanded on it it completely rocked my world

Despite the long buildup once the author finally got to the point and then expanded on it it completely rocked my world  Read Less

These variables were not properly weighted in bookies’ odds

These variables were not properly weighted in bookies’ odds  Read Less

A dollar invested in the fund in 1969 would grow to 14

A dollar invested in the fund in 1969 would grow to 14  Read Less

Ed could get six glasses from a pack for a penny profit

Ed could get six glasses from a pack for a penny profit  Read Less

Consider this on page 39 ed thorp as a boy “would buy a pack of koolaid for five cents and sell the mixed beverage to hot wpa w...  Read More

Consider this on page 39 ed thorp as a boy “would buy a pack of koolaid for five cents and sell the mixed beverage to hot wpa workers for one cent a glass  Read Less

I did listen to a lecture by shannon at mit on financial portfolio investments the hall was packed to overflowing every word wa...  Read More

I did listen to a lecture by shannon at mit on financial portfolio investments the hall was packed to overflowing every word was being scrutinized  Read Less

What is astonishing about thorp that i learned here is that his hedge fund princetonnewport partners was one of the most successful ever

What is astonishing about thorp that i learned here is that his hedge fund princetonnewport partners was one of the most successful ever  Read Less

In fact thorp has one of the best track records in investing

In fact thorp has one of the best track records in investing  Read Less

It showed and explained why some of the common methods have stuck around for so long and also showed the inherent assumptions t...  Read More

It showed and explained why some of the common methods have stuck around for so long and also showed the inherent assumptions that investorsgamblers make that lead to lower than expected returns  Read Less

Warren buffett jim simons mandelbrot and so many others with different approaches have proved the academics wrong

Warren buffett jim simons mandelbrot and so many others with different approaches have proved the academics wrong  Read Less