Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street (Expanded 20th Anniversary Edition) | Barnes & Noble®

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By William Poundstone

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Overview

An updated edition of the classic book that introduced the world to the controversial money-making formula known as the Kelly system.

In 1956, two Bell Labs scientists discovered the scientific formula for getting rich. One was the 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 in...

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