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 enlarge | Author: William Poundstone
Publisher: Hill and Wang
Category: Book
List Price: $15.00
Buy New: $7.99
You Save: $7.01 (47%)
New (33) Used (22) from $6.75
Rating:  58 reviews
Sales Rank: 14040
Media: Paperback
Edition: 1st
Number Of Items: 1
Pages: 400
Shipping Weight (lbs): 0.8
Dimensions (in): 8.1 x 5.5 x 1.2
ISBN: 0809045990
Dewey Decimal Number: 795
EAN: 9780809045990
ASIN: 0809045990
Publication Date: September 19, 2006
Availability: Usually ships in 1-2 business days
Shipping: Expedited shipping available
Shipping: International shipping available
Condition: ships within 24 hours, never read
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| Customer Reviews:
 OK, but not great May 29, 2008
Having just finished Poundstone's book on Gaming the Vote, I was hoping for a book equally as interesting. Although this book was worth reading, and there are a few aspects from it that I will put into practice, I did not walk away wanting to quote it on a regular basis like I did Gaming the Vote.
It gives an interesting historical overview of various scientists involved with gambling and the stock market, and it reviews the concepts involved. These parts were interesting, but truthfully not fascinating.
The sections about Murder Inc, Boesky, Millken, and the junk bond collapse were much more interesting.
In short, it is an interesting book and worth reading, but there are many other books I'd read first...
 Any investor or gambler needs this book! May 12, 2008
An insightful look under the hood at the factors affecting the money making process.
With a lot of very interesting stories, from the mob all the way to Nobel prize winners on Wall Street, it shows the latent traps that can destroy the bankroll of investors, gamblers, and poker players.
Any investor (or gambler) needs this book or he will risk losing his bankroll!
Fortune's Formula April 29, 2008
I bought the book expecting a typical "quant" book, but found a lot more. It reads like a spy thriller but provides really meaningful perspective on the quant movement -- both benefits and pitfalls. I'd highly recommend it.
 Smart and Entertaining February 8, 2008
This is a really great book that I don't think many people have read. I am not particularly good at math, and I don't really gamble, but this book on the mathematics of odds is one of my favorite kinds of books - its smart, playful and full of an eccentric mix of gangsters, MIT professors and business people who have used a variety of methods to get rich by playing the odds.
If you have any interest in how markets or gambling work this is worth checking out.
The Original Quant... December 28, 2007
Ed Thorpe wrote "Beat the Dealer", and when he was kicked out of every casino in Nevada, went back to the drawing board. After he wrote "Beat the Market", finance in *practice* was never the same.
This is a fascinating account of the evolution of probabilistic approaches to money management, first in blackjack card counting, then in the stock market. Written in Poundstone's detailed style, every chapter draws you in further. A large number of interviews were conducted to put this together, and the anecdotes give it the color to make the story tingle.
Jim Simons and Renassaince Capital are cut directly from this cloth.
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