Poundstone has a tendency to meander in his writing, but his asides are so revealing and interesting that they add, rather than detract, from the narrative. The book also includes a cast of fascinating and colorful characters as varied as Ivan Boesky, Warren Buffet, Rudolph Giuliani, and notorious mobsters such as Bugsy Siegel and Meyer Lansky. In explaining the lasting impact of the work done by Shannon, Thorpe, and Kelly, Poundstone even explains Kelly's system for those wishing to follow his formula, offering readers both theoretical and practical lessons. Whether viewed as a how-to guide or straight scientific and financial history, Fortune's Formula proves an entertaining and illuminating analysis of "the most successful gambling system of all time." --Shawn Carkonen --This text refers to an out of print or unavailable edition of this title.
I am glad the person recommended this book to me.
There were a bunch of interesting stories throughout, which Poundstone did a nice job of pulling together to keep the main story interesting and moving along.
That approach makes the book very readable even for readers with no specific science background.
Bought this book after I heard an interview with William Poundstone on the Michael Covel Trendfollowing podcast. Read morePublished 2 months ago by J. Wright
Outstanding, full of interesting historical market information. For traders very useful information on how to size your trades.Published 2 months ago by David Paxton
Good book. Great stories. Not too technical if that is your interest.Published 2 months ago by Matthew L. Brennan
It took me a while to read, but I thought it gave a nice overview of the financial sector and ways that people have tried to beat the market over the years. Read morePublished 3 months ago by dlw10
I find this 386 page paperback by Pulitzer Prize nominee William Poundstone a readable and highly enjoyable omnibus. It's hard to classify. Read morePublished 4 months ago by John Gale
A misreading, not a misleading title, since when I read the title I thought it should be talking about gambling theories. Read morePublished 7 months ago by Ghassem Kamarei