

Pre-Owned Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street (Paperback) 0809045990 9780809045990
Key item features
- Title: Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
- Book Format: Paperback
- ISBN10: 0809045990
- EAN: 9780809045990
- Genre: GAMES / Gambling / General (see also SELF-HELP / Compulsive Behavior / Gambling)
- Author: Poundstone, William
- Pre-Owned Condition- Pages can include limited notes and highlighting, and the copy can include 'From the library of' labels or previous owner inscriptions. Accessories such as CD, codes, toys, may not be included.
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- Book formatPaperback
- Fiction/nonfictionNon-Fiction
- Publication dateSeptember, 2006
- Pages408
- Number in series1
- EditionFirst Edition
- Free shipping
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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.- Title: Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
- Book Format: Paperback
- ISBN10: 0809045990
- EAN: 9780809045990
- Genre: GAMES / Gambling / General (see also SELF-HELP / Compulsive Behavior / Gambling)
- Author: Poundstone, William
- Pre-Owned Condition- Pages can include limited notes and highlighting, and the copy can include 'From the library of' labels or previous owner inscriptions. Accessories such as CD, codes, toys, may not be included.
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Pre-Owned: Good
What is the Walmart Pre-Owned Program?
Walmart Pre-Owned allows you to find previously owned, well-cared-for items from Walmart’s trusted & performance-managed sellers. Shopping Pre-Owned allows you to bring home the best-quality picks at even lower prices, in addition to extending the life of an item & reducing waste. Find your favorites & shop a range of conditions in every category.
Why Walmart Pre-Owned?

Trusted sellers & quality items
Each Pre-Owned item listed comes from Walmart’s trusted performance-managed sellers, to ensure you get quality items.
Quality you can afford
Save even more on top brands & your most-loved items.

30-day free returns
Don’t love it? Most items offer a 30-day* free return policy, for added peace of mind.

Sustainability
Shopping Pre-Owned helps in extending the life of an item & reducing waste.
Product image for illustration purposes only. The item you receive may vary from the image in minor ways, such as slight differences in appearance, color, and/or design. *Exceptions apply during holiday season, and on certain electronics, collectibles, and jewelry.
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