Bet Smart pdf epub mobi txt 电子书 下载 2024


Bet Smart

简体网页||繁体网页
Stefan Hollos
Abrazol Publishing
2008-10-31
133
USD 28.95
Paperback
9781887187015

图书标签: 数学(看透乱糟糟的生活的唯一工具-芒格)   


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发表于2024-11-12

Bet Smart epub 下载 mobi 下载 pdf 下载 txt 电子书 下载 2024

Bet Smart epub 下载 mobi 下载 pdf 下载 txt 电子书 下载 2024

Bet Smart pdf epub mobi txt 电子书 下载 2024



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In 1956, a physicist named John Kelly working at Bell Labs published a paper titled "A New Interpretation of Information Rate." In the paper he draws an analogy between the outcomes of a gambling game and the transmission of symbols over a communications channel. For a positive expectation game, Kelly showed that a betting system based on a fixed fraction of the bankroll can make the bankroll grow at an exponential rate in the long run. The exponential growth rate in this case is directly analogous to the rate of information transmission through a communications channel. This book examines the Kelly system in detail. Applications of the Kelly system in both gambling and investing are considered. Python code for calculating the Kelly fractions for both a single stock investment and an investment in two stocks simultaneously is included. Included is an introductory review chapter on the probability theory needed to analyze gambling systems in general.There is also a chapter on some of the more commonly used gambling systems such as the Martingale system. This book will be useful for anyone interested in a good mathematical introduction to gambling systems in general, and the Kelly system in particular.

Bet Smart 下载 mobi epub pdf txt 电子书

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