Fortunes formula william poundstone firefox
The Paperback of the Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street by William Poundstone at Membership Gift Cards Stores & /5. When Shannon and another mathematician tested the "Kelly formula" at casino tables, racetracks, and stock exchange trading floors, its success was incontestable. For instance, Shannon's stock portfolio showed an annual growth rate of 28 percent. In Fortune's Formula, William Poundstone spins an amazing true story about getting rich quick/5(10). Mar 01, · Fortune’s Formula is vastly better researched than your typical popsci book: Poundstone extensively cites and quotes academic literature, going so far as to unearth insults and finger pointing buried in the footnotes of papers. Pounstone clearly understands the math and doesn’t shy away from it.