Formula For Fortune

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Fortune's Formula

Author : William Poundstone
Publisher : Hill and Wang
ISBN 13 : 0374707081
Total Pages : 399 pages
Book Rating : 4.3/5 (747 download)

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Book Synopsis Fortune's Formula by : William Poundstone

Download or read book Fortune's Formula written by William Poundstone and published by Hill and Wang. This book was released on 2010-06-01 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Formula for Fortune

Author : Ann Uhry Abrams
Publisher : iUniverse
ISBN 13 : 1462071686
Total Pages : 362 pages
Book Rating : 4.4/5 (62 download)

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Book Synopsis Formula for Fortune by : Ann Uhry Abrams

Download or read book Formula for Fortune written by Ann Uhry Abrams and published by iUniverse. This book was released on 2012 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asa Candler rose from a rural background to reap a fortune. His windfall came from purchasing the Coca-Cola formula in 1888 and establishing the company that became a national phenomenon in less than a decade. In Formula for Fortune, author Ann Uhry Abrams narrates the life and times of Candler from his ancestral background to the death of the last of his five children. Formula for Fortune not only shows how he turned his entrepreneurial genius into an empire, but also relates his status in Atlanta, Georgia, as a prominent banker, realtor, philanthropist, civil servant, and mayor. Painting a lively portrait of the past, this biography tells a fascinating American story that covers a century of American and Southern life as seen through the eyes of a middle-class family elevated to prominence by their patriarch's incredible success. It not only provides a peek into the horse-and-buggy days of one of the nation's major corporations, but also follows Coca-Cola's fascinating transformation from patent-medicine to international phenomenon. Family dynamics weave through this drama of love, disappointments, and disaster played out against the background of four wars, a race riot, technological revolutions, and numerous courtroom dramas.

The Arthurian Formula

Author : Dion Fortune
Publisher :
ISBN 13 : 9781870450904
Total Pages : 0 pages
Book Rating : 4.4/5 (59 download)

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Book Synopsis The Arthurian Formula by : Dion Fortune

Download or read book The Arthurian Formula written by Dion Fortune and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Arthurian Formula, the last major work of Dion Fortune, formed the cornerstone of the inner work of her Society of the Inner Light for the following twenty years. It later formed the basis for work by Gareth Knight with the Company of Hawkwood and allied groups in later years, inspiring his book The Secret Tradition in Arthurian Legend. Dion Fortunes contribution explores the remote sources of the Arthurian legends and the mission of Merlin, played out in the polar relationships between Arthur, Guenivere and Lancelot in both human and faery dynamics, and leading to aspects of the Grail. explores the labyrinth of archetypal patterns of knights and ladies, including Morgan le Fay Gareth Knights commentary is an overview of the traditions behind the Arthurian Formula of Glastonbury, Atlantis, the world of Faery, Merlin, the Troubadours, the cult of Queen Venus application to the practical Mysteries of today

Labyrinths of Reason

Author : William Poundstone
Publisher : Anchor
ISBN 13 : 030776379X
Total Pages : 289 pages
Book Rating : 4.3/5 (77 download)

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Book Synopsis Labyrinths of Reason by : William Poundstone

Download or read book Labyrinths of Reason written by William Poundstone and published by Anchor. This book was released on 2011-07-20 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: This sharply intelligent, consistently provocative book takes the reader on an astonishing, thought-provoking voyage into the realm of delightful uncertainty--a world of paradox in which logical argument leads to contradiction and common sense is seemingly rendered irrelevant.

The Doomsday Calculation

Author : William Poundstone
Publisher : Little, Brown Spark
ISBN 13 : 031644071X
Total Pages : 320 pages
Book Rating : 4.3/5 (164 download)

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Book Synopsis The Doomsday Calculation by : William Poundstone

Download or read book The Doomsday Calculation written by William Poundstone and published by Little, Brown Spark. This book was released on 2019-06-04 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the author of Are You Smart Enough to Work at Google?, a fascinating look at how an equation that foretells the future is transforming everything we know about life, business, and the universe. In the 18th century, the British minister and mathematician Thomas Bayes devised a theorem that allowed him to assign probabilities to events that had never happened before. It languished in obscurity for centuries until computers came along and made it easy to crunch the numbers. Now, as the foundation of big data, Bayes' formula has become a linchpin of the digital economy. But here's where things get really interesting: Bayes' theorem can also be used to lay odds on the existence of extraterrestrial intelligence; on whether we live in a Matrix-like counterfeit of reality; on the "many worlds" interpretation of quantum theory being correct; and on the biggest question of all: how long will humanity survive? The Doomsday Calculation tells how Silicon Valley's profitable formula became a controversial pivot of contemporary thought. Drawing on interviews with thought leaders around the globe, it's the story of a group of intellectual mavericks who are challenging what we thought we knew about our place in the universe. The Doomsday Calculation is compelling reading for anyone interested in our culture and its future.

Gaming the Vote

Author : William Poundstone
Publisher : Macmillan
ISBN 13 : 9780809048922
Total Pages : 360 pages
Book Rating : 4.0/5 (489 download)

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Book Synopsis Gaming the Vote by : William Poundstone

Download or read book Gaming the Vote written by William Poundstone and published by Macmillan. This book was released on 2009-02-17 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: At least five U.S. presidential elections have been won by the second most popular candidate, because of "spoilers"--Minor candidates who take enough votes away from the most popular candidate to tip the election. The spoiler effect is a consequence of the "impossibility theorem," discovered by Nobel laureate economist Kenneth Arrow, which asserts that voting is fundamentally unfair--and political strategists are exploiting the mathematical faults of the simple majority vote. This book presents a solution to the spoiler problem: a system called range voting, already widely used on the Internet, which is the fairest voting method of all, according to computer studies. Range voting remains controversial, however, and author Poundstone assesses the obstacles confronting any attempt to change the American electoral system.--From publisher description.

The Formula for Luck

Author : Stuart Lacey
Publisher : Advantage Media Group
ISBN 13 : 9781642251333
Total Pages : 0 pages
Book Rating : 4.2/5 (513 download)

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Book Synopsis The Formula for Luck by : Stuart Lacey

Download or read book The Formula for Luck written by Stuart Lacey and published by Advantage Media Group. This book was released on 2021-04-13 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you have ever felt unlucky, The Formula for Luck will teach you skills that are foundational to building a Luck Mindset and that will significantly improve the quality and quantity of your successful outcomes. This book offers readers a clear understanding of the everyday, practical steps they can take toward boosting their luck and changing their lives for the better. Author Stuart Lacey brings a scholar's curiosity and an innovator's creativity to bear on this thorough exploration of the habits, behaviors, and actions we can cultivate and practice in order to increase luck in our lives. The Formula for Luck includes concrete exercises that can be completed as readers progress through the chapters and offers access to a workbook and an entire curriculum for helping teams and communities take charge of their journeys toward amplifying luck.

Family Fortunes

Author : Bill Bonner
Publisher : John Wiley & Sons
ISBN 13 : 1118171411
Total Pages : 359 pages
Book Rating : 4.1/5 (181 download)

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Book Synopsis Family Fortunes by : Bill Bonner

Download or read book Family Fortunes written by Bill Bonner and published by John Wiley & Sons. This book was released on 2012-07-31 with total page 359 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected as one of Motley Fool’s “5 Great Books You Should Read” Advice on managing your wealth from bestselling author Bill Bonner From trusted New York Times bestselling author Bill Bonner comes a radical new way to look at family money and a practical, actionable guide to getting and maintaining multigenerational wealth. Family Fortunes: How to Build Family Wealth and Hold on to It for 100 Years is packed with useful information, interwoven with Bonner's stories about his own family's wealth philosophy and practices. A comprehensive guide that shows how families can successfully preserve their estates by ignoring most of what people think they know about "the rich" and, instead, training and motivating all family members to work together toward a very uncommon goal. This book is a must-read for all individual investors—even those who do not plan to leave money to their children—because it challenges many of the most ubiquitous principles and rules of investing. You might expect a book on family wealth to be extremely conservative in its outlook. Instead, the Bonners announce what is practically a revolutionary manifesto. They explain: Why family money should NOT be invested in "safe, conservative" investments Why charitable giving is usually a waste of money, or worse Why it is NOT a good idea to let children go their own way Why you can't trust wealth "professionals" and why you should never entrust your money to money managers Why giving your children as much education as possible is NOT a good idea Why Warren Buffett and the rest of the rich people asking for higher tax rates are wrong to take "the pledge" Why Wall Street is a graveyard for capital, why most celebrity CEOs are a threat to the businesses they run, why modern capitalism is a failure, and more You will come away with a very different idea as to what family wealth is all about. It is not stodgy. Not boring. Not moss-backed and reactionary. On the contrary, it is the most dynamic, forward-looking capital in the world. The essential guide to passing wealth from one generation to the next, Family Fortunes is filled with concrete, practical advice you can put to use right away.

The Championship Formula

Author : Jack Stark
Publisher : Greenleaf Book Group
ISBN 13 : 1937110230
Total Pages : 236 pages
Book Rating : 4.9/5 (371 download)

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Book Synopsis The Championship Formula by : Jack Stark

Download or read book The Championship Formula written by Jack Stark and published by Greenleaf Book Group. This book was released on 2011-10 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Having consulted and mentored leaders of top Fortune 500 companies and numerous sports teams that have gone on to win multiple national championships, author Jack Stark well understands what it takes to build a dynasty—a team that produces consistently extraordinary results and is the dominant entity in its field. In The Championship Formula, Stark—a clinical psychologist—condenses what he's learned over his long career into the 4P formula: people + personality + process + purpose = success. Getting these elements in place is the biggest challenge leaders face, and Stark guides you through the processes of both building and maintaining a winning team. Showing his winning formula at work, Stark will draw you into the inner circles of the championship NASCAR team, for whom he became team psychologist in 2002, and the Nebraska Huskers' three-championship dynasty of the 1990s. He also gets up close and personal with the consistently successful leadership at Berkshire Hathaway. Written in straightforward, no-nonsense language, The Championship Formula can help any organization consistently achieve extraordinary results.

How to Predict Everything

Author : William Poundstone
Publisher : Oneworld
ISBN 13 : 9781786077561
Total Pages : 320 pages
Book Rating : 4.0/5 (775 download)

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Book Synopsis How to Predict Everything by : William Poundstone

Download or read book How to Predict Everything written by William Poundstone and published by Oneworld. This book was released on 2020-04-02 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do you predict something that has never happened before? There's a useful calculation being employed by Wall Street, Silicon Valley and maths professors all over the world, and it predicts that the human species will become extinct in 760 years. Unfortunately, there is disagreement over how to apply the formula, and some argue that we might only have twenty years left. Originally devised by British clergyman Thomas Bayes, the theorem languished in obscurity for two hundred years before being resurrected as the lynchpin of the digital economy. With brief detours into archaeology, philology, and overdue library books, William Poundstone explains how we can use it to predict pretty much anything. What is the chance that there are multiple universes? How long will Hamilton run? Will the US stock market continue to perform as well this century as it has for the last hundred years? And are we really all doomed?

The Kelly Capital Growth Investment Criterion

Author : Leonard C. MacLean
Publisher : World Scientific
ISBN 13 : 9814293490
Total Pages : 883 pages
Book Rating : 4.8/5 (142 download)

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Book Synopsis The Kelly Capital Growth Investment Criterion by : Leonard C. MacLean

Download or read book The Kelly Capital Growth Investment Criterion written by Leonard C. MacLean and published by World Scientific. This book was released on 2011 with total page 883 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides the definitive treatment of fortune's formula or the Kelly capital growth criterion as it is often called. The strategy is to maximize long run wealth of the investor by maximizing the period by period expected utility of wealth with a logarithmic utility function. Mathematical theorems show that only the log utility function maximizes asymptotic long run wealth and minimizes the expected time to arbitrary large goals. In general, the strategy is risky in the short term but as the number of bets increase, the Kelly bettor's wealth tends to be much larger than those with essentially different strategies. So most of the time, the Kelly bettor will have much more wealth than these other bettors but the Kelly strategy can lead to considerable losses a small percent of the time. There are ways to reduce this risk at the cost of lower expected final wealth using fractional Kelly strategies that blend the Kelly suggested wager with cash. The various classic reprinted papers and the new ones written specifically for this volume cover various aspects of the theory and practice of dynamic investing. Good and bad properties are discussed, as are fixed-mix and volatility induced growth strategies. The relationships with utility theory and the use of these ideas by great investors are featured.

Foul Lady Fortune

Author : Chloe Gong
Publisher : Simon and Schuster
ISBN 13 : 1665905603
Total Pages : 544 pages
Book Rating : 4.6/5 (659 download)

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Book Synopsis Foul Lady Fortune by : Chloe Gong

Download or read book Foul Lady Fortune written by Chloe Gong and published by Simon and Schuster. This book was released on 2022-09-27 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the #1 New York Times bestselling author of These Violent Delights and Our Violent Ends comes the “equal parts intoxicating and dazzling” (Roshani Chokshi, New York Times bestselling author of The Gilded Wolves) first book in a captivating new duology following an ill-matched pair of spies posing as a married couple to investigate a series of brutal murders in 1930s Shanghai. It’s 1931 in Shanghai, and the stage is set for a new decade of intrigue. Four years ago, Rosalind Lang was brought back from the brink of death, but the strange experiment that saved her also stopped her from sleeping and aging—and allows her to heal from any wound. In short, Rosalind cannot die. Now, desperate for redemption for her traitorous past, she uses her abilities as an assassin for her country. Code name: Fortune. But when the Japanese Imperial Army begins its invasion march, Rosalind’s mission pivots. A series of murders is causing unrest in Shanghai, and the Japanese are under suspicion. Rosalind’s new orders are to infiltrate foreign society and identify the culprits behind the terror plot before more of her people are killed. To reduce suspicion, however, she must pose as the wife of another Nationalist spy, Orion Hong, and though Rosalind finds Orion’s cavalier attitude and playboy demeanor infuriating, she is willing to work with him for the greater good. But Orion has an agenda of his own, and Rosalind has secrets that she wants to keep buried. As they both attempt to unravel the conspiracy, the two spies soon find that there are deeper and more horrifying layers to this mystery than they ever imagined.

The Content Formula

Author : Liz Bedor
Publisher :
ISBN 13 : 9780997050806
Total Pages : 104 pages
Book Rating : 4.0/5 (58 download)

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Book Synopsis The Content Formula by : Liz Bedor

Download or read book The Content Formula written by Liz Bedor and published by . This book was released on 2015-11-26 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Content Formula answers the biggest question currently on marketer's minds: what is the ROI of content marketing?This book provides a step by step guide for marketers, and is divided into three parts: how to build the business case for content marketing, how to find the budget to establish a new content marketing program, and how to measure content marketing success in business terms.

Principles to Fortune

Author : Scott Bintz
Publisher :
ISBN 13 : 9780999623435
Total Pages : 236 pages
Book Rating : 4.6/5 (234 download)

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Book Synopsis Principles to Fortune by : Scott Bintz

Download or read book Principles to Fortune written by Scott Bintz and published by . This book was released on 2018-06-14 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn how and why putting principles first at work, changed the business culture and rocketed a little North Dakota company from the basement into a $100+ million e-commerce superstore all while having fun & delivering more to customers, business partners & employees.Find out how to massively grow your organization by getting principles ingrained into your work culture, which will help any business experience amazing success. It covers creating culture, e-commerce concepts, marketing in the digital world and finding a strategic way of life.It's about ideas, attitudes, and actions that benefit the customer, the staff, and the brand's business partners. A strategic "way of life" that, when properly executed, creates life-long customers, evangelical employees, helpful partners, and yes, some profit to boot. The title of this book is a redirect. The fortune being referred to is not money. The fortune is a combination of experiences, events, learnings, insights, and, of course, luck. The real forces behind a creating one's fortune are the principles an individual or business lives by. Principles are the external, arbitrary forces that affect human affairs and bring us good or bad fortune. And by good fortune, that doesn't imply there will not be challenges along the way; rather, good fortune is a series of experiences, not a destination. Some call it chance or luck. Good fortune is propelled positively or stifled negatively by the principles we strive to live by. We shape our fortune by our principles. Living by principles and knowing who you really are (the best or worst parts), along with the hard and soft skills you have (or are willing to put in the time to master), are the basic ingredients for personal or business fortune. Principles can be practiced personally and at work. Often folks have great personal principles but often fall short on them at work. Why? Is it fear? Is it work culture? Actually, it's a mixture of both. This book shares the principles that transformed RealTruck as a business.

The YouTube Formula

Author : Derral Eves
Publisher : John Wiley & Sons
ISBN 13 : 1119716020
Total Pages : 355 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis The YouTube Formula by : Derral Eves

Download or read book The YouTube Formula written by Derral Eves and published by John Wiley & Sons. This book was released on 2021-02-24 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Wall Street Journal bestseller! Comes with free online companion course Learn the secrets to getting dramatic results on YouTube Derral Eves has generated over 60 billion views on YouTube and helped 24 channels grow to one million subscribers from zero. In The YouTube Formula: How Anyone Can Unlock the Algorithm to Drive Views, Build an Audience, and Grow Revenue, the owner of the largest YouTube how-to channel provides the secrets to getting the results that every YouTube creator and strategist wants. Eves will reveal what readers can't get anywhere else: the inner workings of the YouTube algorithm that's responsible for determining success on the platform, and how creators can use it to their advantage. Full of actionable advice and concrete strategies, this book teaches readers how to: Launch a channel Create life-changing content Drive rapid view and subscriber growth Build a brand and increase engagement Improve searchability Monetize content and audience Replete with case studies and information from successful YouTube creators, The YouTube Formula is perfect for any creator, entrepreneur, social media strategist, and brand manager who hopes to see real commercial results from their work on the platform.

Your Faith is Your Fortune

Author : Neville Goddard
Publisher : Lulu.com
ISBN 13 : 1300415711
Total Pages : 86 pages
Book Rating : 4.3/5 (4 download)

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Book Synopsis Your Faith is Your Fortune by : Neville Goddard

Download or read book Your Faith is Your Fortune written by Neville Goddard and published by Lulu.com. This book was released on 2012-11-20 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Your Faith Is Your Fortune by Neville Goddard.Man can decree a thing and it will come to pass.Man has always decreed that which has appeared in his world. He is today decreeing that which is appearing in his world and he shall continue to do so as long as man is conscious of being man.Nothing has ever appeared in man's world but what man decreed that it should. This you may deny; but try as you will you cannot disprove it for this decreeing is based upon a changeless principle. Man does not command things to appear by his words which are, more often than not, a confession of his doubts and fears. Decreeing is ever done in consciousness.Every man automatically expresses that which he is conscious of being. Without effort or the use of words, at every moment of time, man is commanding himself to be and to possess that which he is conscious of being and possessing.

The Success Formula

Author : Nick Nanton
Publisher :
ISBN 13 : 9780998036946
Total Pages : 240 pages
Book Rating : 4.0/5 (369 download)

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Book Synopsis The Success Formula by : Nick Nanton

Download or read book The Success Formula written by Nick Nanton and published by . This book was released on 2019-05-17 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Just remember, you can't climb the ladder of success with your hands in your pockets. Arnold Schwarzenegger Everyone is searching for a formula for success, but there is no one, single formula for everyone as our needs, wants and wishes vary from individual to individual. On the other hand, it is noteworthy to mention that those who have achieved success have many qualities in common. The attributes of vision, risk-taking, passion, planning, focus and perseverance are typically utilized in various proportions to accomplish success. On the journey to success, the first-timer must identify a goal, as the goal determines your actions. Then there is your measurement of success. One commonly-used gauge of success is financial progress. Other yardsticks include public acclaim, spiritual progress, personal health, knowledge, improved self-esteem and confidence ... and the list goes on. What is yours? After deciding on your goal, you proceed to develop your own success formula. This is where our Celebrity Experts(R) (authors/mentors) in this book can help. These mentors can save you time, effort, heartache and resources by helping you to create The Success Formula needed to achieve your goal. Successful people maintain a positive focus in life no matter what is going on around them. They stay focused on their past successes rather than their past failures, and on the next action steps they need to take to get them closer to the fulfillment of their goals rather than all the other distractions that life presents to them. Jack Canfield