Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street


William Poundstone - 2006
    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 phenomenonally 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 Fortune's Formula will convince you that he was right.

The Critical Thinker: The Path To Better Problem Solving, Accurate Decision Making, and Self-Disciplined Thinking


Steven Schuster - 2018
     What did they do differently that made them so recognizable for their intellects? • They thought slowly and deliberately before making a snap judgment or decision • They questioned every fact and opinion (including their own) • They took the time to study the subject or object of their decision making to gather information before jumping to conclusions • They accepted and expected that human nature is ultimately biased and prone to make cognitive errors The Critical Thinker gives you a thorough description of the rules and principles of critical thinking practiced by Einstein, Plato and every great thinker in history. You will learn about the most important critical thinking principles as well as shortcuts to make better decisions in specific situations. These critical thinking principles will help your personal life, career, and friendships. Improve your critical, logical, observational, and rational thinking skills with the timeless principles presented in this book. Critical thinking skills will improve your relationships and your financial life too. • Learn the main principles of critical thinking. • Train your cognitive muscles to think faster and jump to the best conclusions effortlessly. • Find the most rewarding options in any opportunity. • Don’t just attack symptoms, solve your problems once and for all. Become a lie and cognitive bias detector. The Critical Thinker is a fitting read for everyone who wants to improve their critical thinking skills. Regardless of your stage of life or field of work (business, education, healthcare, or student) you’ll find the book equally useful. • Become a more effective communicator with more impactful points. • Detect the thinking errors of larger groups or individuals. • Powerful questions to effectively self-assess. • Best practices to employ critical thinking principles in your life immediately. Improving your critical thinking skills will help you save time, filter out irrelevant information efficiently, and prioritize your resources to get the best results. It will help you identify better problem-solving approaches rather than relying on standard methods that don’t suit your case. Critical thinking will enhance your communication skills, reasoning, and logic. You will also become more compassionate and understanding for the perspectives of others. Be solution-oriented, solve difficult tasks, and understand the world better. *Please note the following before purchasing the book: The book is not strictly about the philosophy of Socrates, Plato, and Aristotle. Their picture is used for cover art purposes.

Think Twice: Harnessing the Power of Counterintuition


Michael J. Mauboussin - 2009
    The harsh truth is that they mismanage many of those choices, even though they have the right intentions. These blunders take a huge toll on leaders, their organizations, and the people they serve.Why is it so hard to make sound decisions? We fall victim to simplified mental routines that prevent us from coping with the complex realities inherent in important judgment calls. Yet these cognitive errors are preventable. In Think Twice, Michael Mauboussin shows you how to recognize-and avoid-common mental missteps, including:-Misunderstanding cause-and-effect linkages-Aggregating micro-level behavior to predict macro-level behavior-Not considering enough alternative possibilities in making a decision-Relying too much on expertsSharing vivid stories from business and beyond, Mauboussin offers powerful rules for avoiding each error. And he explains how to know when it's time to think twice-to question your reasoning and adopt decision-making strategies that are far more effective, even if they seem counterintuitive.Master the art of thinking twice, and you'll start spotting dangerous mental errors-in your own decisions and in those of others. Equipped with this awareness, you'll soon begin making sounder judgment calls that benefit (rather than hurt) your organization.

The Trachtenberg Speed System of Basic Mathematics


Jakow Trachtenberg - 1960
    Described as the 'shorthand of mathematics', the Trachtenberg system only requires the ability to count from one to eleven. Using a series of simplified keys it allows anyone to master calculations, giving greater speed, ease in handling numbers and increased accuracy.Jakow Trachtenberg believed that everyone is born with phenomenal abilities to calculate. He devised a set of rules that allows every child to make multiplication, division, addition, subtraction and square-root calculations with unerring accuracy and at remarkable speed. It is the perfect way to gain confidence with numbers.

Crimzon and Clover - Collection One


M.R. Mathias - 2013
    If you liked the International Bestselling Saga of the Dragoneers, then you have met Crimzon already. Before the old red dragon came around to help those young heroes, he and his own rider, a fiery red haired warrior named Clover, considered the whole world to be their playground. It isn't wise to mess with a girl with a dragon, especially these two. This is a collection of the Crimzon and Clover Short Stories to date.This Kindle Book includes:Crimzon and Clover One - Orphaned Dragon - Lucky Girl,Crimzon and Clover Two - Tricky Wizard,Crimzon and Clover Three - The Grog,Crimzon and Clover Four - Wrath of Crimzon, andCrimzon and Clover Five - Killer of GiantsANDThe First Dragoneer - A Dragoneer Saga Novella.

104 Number Theory Problems: From the Training of the USA IMO Team


Titu Andreescu - 2006
    Offering inspiration and intellectual delight, the problems throughout the book encourage students to express their ideas in writing to explain how they conceive problems, what conjectures they make, and what conclusions they reach. Applying specific techniques and strategies, readers will acquire a solid understanding of the fundamental concepts and ideas of number theory.

Newton's Gift: How Sir Isaac Newton Unlocked the System of the World


David Berlinski - 2000
    Despite this, he has remained inaccessible to most modern readers, indisputably great but undeniably remote. In this witty, engaging, and often moving examination of Newton's life, David Berlinski recovers the man behind the mathematical breakthroughs. The story carries the reader from Newton's unremarkable childhood to his awkward undergraduate days at Cambridge through the astonishing year in which, working alone, he laid the foundation for his system of the world, his Principia Mathematica, and to the subsequent monumental feuds that poisoned his soul and wearied his supporters. An edifying appreciation of Newton's greatest accomplishment, Newton's Gift is also a touching celebration of a transcendent man.

Being Logical: A Guide to Good Thinking


Dennis Q. McInerny - 2004
    Indeed, logic goes to the very core of what we mean by human intelligence. In this concise, crisply readable book, distinguished professor D. Q. McInerny offers an indispensable guide to using logic to advantage in everyday life. Written explicitly for the layperson, McInerny’s Being Logical promises to take its place beside Strunk and White’s The Elements of Style as a classic of lucid, invaluable advice. As McInerny notes, logic is a deep, wide, and wonderfully varied field, with a bearing on every aspect of our intellectual life. A mastery of logic begins with an understanding of right reasoning–and encompasses a grasp of the close kinship between logical thought and logical expression, a knowledge of the basic terms of argument, and a familiarity with the pitfalls of illogical thinking. Accordingly, McInerny structures his book in a series of brief, penetrating chapters that build on one another to form a unified and coherent introduction to clear and effective reasoning.At the heart of the book is a brilliant consideration of argument–how an argument is founded and elaborated, how it differs from other forms of intellectual discourse, and how it critically embodies the elements of logic. McInerny teases out the subtleties and complexities of premises and conclusions, differentiates statements of fact from statements of value, and discusses the principles and uses of every major type of argument, from the syllogistic to the conditional. In addition, he provides an incisive look at illogical thinking and explains how to recognize and avoid the most common errors of logic.Elegant, pithy, and precise, Being Logical breaks logic down to its essentials through clear analysis, accessible examples, and focused insights. Whether you are a student or a teacher, a professional sharpening your career skills or an amateur devoted to the fine points of thought and expression, you are sure to find this brief guide to effecting reasoning both fascinating and illuminating.From the Hardcover edition.

How to Think: A Survival Guide for a World at Odds


Alan Jacobs - 2017
    As a celebrated cultural critic and a writer for national publications like The Atlantic and Harper's, Alan Jacobs has spent his adult life belonging to communities that often clash in America's culture wars. And in his years of confronting the big issues that divide us--political, social, religious--Jacobs has learned that many of our fiercest disputes occur not because we're doomed to be divided, but because the people involved simply aren't thinking.Most of us don't want to think, Jacobs writes. Thinking is trouble. Thinking can force us out of familiar, comforting habits, and it can complicate our relationships with like-minded friends. Finally, thinking is slow, and that's a problem when our habits of consuming information (mostly online) leave us lost in the spin cycle of social media, partisan bickering, and confirmation bias.In this smart, endlessly entertaining book, Jacobs diagnoses the many forces that act on us to prevent thinking--forces that have only worsened in the age of Twitter, "alternative facts," and information overload--and he also dispels the many myths we hold about what it means to think well. (For example: It's impossible to "think for yourself.")Drawing on sources as far-flung as novelist Marilynne Robinson, basketball legend Wilt Chamberlain, British philosopher John Stuart Mill, and Christian theologian C.S. Lewis, Jacobs digs into the nuts and bolts of the cognitive process, offering hope that each of us can reclaim our mental lives from the impediments that plague us all. Because if we can learn to think together, maybe we can learn to live together, too.

Logic: A Complete Introduction: Teach Yourself


Siu-Fan Lee - 2017
    As well as looking at logic in theoretical terms the book considers its everyday uses and demonstrates how it has genuine practical applications. It will take you step by step through the most difficult concepts and is packed with exercises to help you consolidate your learning at every stage. Covering everything from syllogistic logic to logical paradoxes and even looking at logic in Alice in Wonderland, this is the only guide you will ever need.

Numbers Rule Your World: The Hidden Influence of Probabilities and Statistics on Everything You Do


Kaiser Fung - 2010
    This is how engineers calculate your quality of living, how corporations determine your needs, and how politicians estimate your opinions. These are the numbers you never think about-even though they play a crucial role in every single aspect of your life.What you learn may surprise you, amuse you, or even enrage you. But there's one thing you won't be able to deny: Numbers Rule Your World...An easy read with a big benefit. --Fareed Zakaria, CNNFor those who have anxiety about how organization data-mining is impacting their world, Kaiser Fung pulls back the curtain to reveal the good and the bad of predictive analytics. --Ian Ayres, Yale professor and author of Super Crunchers: Why Thinking By Numbers is the New Way to Be Smart A book that engages us with stories that a journalist would write, the compelling stories behind the stories as illuminated by the numbers, and the dynamics that the numbers reveal. --John Sall, Executive Vice President, SAS InstituteLittle did I suspect, when I picked up Kaiser Fung's book, that I would become so entranced by it - an illuminating and accessible exploration of the power of statistical analysis for those of us who have no prior training in a field that he explores so ably. --Peter Clarke, author of Keynes: The Rise, Fall, and Return of the 20th Century's Most Influential EconomistA tremendous book. . . . If you want to understand how to use statistics, how to think with numbers and yet to do this without getting lost in equations, if you've been looking for the book to unlock the door to logical thinking about problems, well, you will be pleased to know that you are holding that book in your hands. --Daniel Finkelstein, Executive Editor, The Times of LondonI thoroughly enjoyed this accessible book and enthusiastically recommend it to anyone looking to understand and appreciate the role of statistics and data analysis in solving problems and in creating a better world. --Michael Sherman, Texas A&M University, American Statistician

The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics


William Easterly - 2001
    Attempted remedies have included providing foreign aid, investing in machines, fostering education, controlling population growth, and making aid loans as well as forgiving those loans on condition of reforms. None of these solutions has delivered as promised. The problem is not the failure of economics, William Easterly argues, but the failure to apply economic principles to practical policy work.In this book Easterly shows how these solutions all violate the basic principle of economics, that people--private individuals and businesses, government officials, even aid donors--respond to incentives. Easterly first discusses the importance of growth. He then analyzes the development solutions that have failed. Finally, he suggests alternative approaches to the problem. Written in an accessible, at times irreverent, style, Easterly's book combines modern growth theory with anecdotes from his fieldwork for the World Bank.

What You Seek Is Seeking You


Brian Tracy - 2015
    On a crisp winter morning, Richard, a successful, self-made CEO runs into Zoya, a quirky, free-spirited artist. The meeting leaves them struggling to find a balance between what they believe about life, and what is actually out there.What You Seek is Seeking You is a heart-warming tale about what happens when you are forced to question everything you ever knew to be true. Refreshingly honest, it helps you rethink some of your most fundamental beliefs – the ones that hold the very canvas of your life in place, but which in fact may be limiting you.Setting the scene with a lively fable, Azim & Brian share insightful and tangible ways to:• Invite Positive Coincidences and Attract What You Seek• Set Goals, Remain Focused and yet Stay Detached from the Outcome• Enhance Your Business AcumenBrian Tracy is one of the finest self-help speakers of all times, a bestselling author of 70 books and a human potential expert. He has consulted for more than 1,000 companies and has spoken to 5,000,000 people in 65 countries. Brian is the Chairman and CEO of Brian Tracy International and his goal is to help you achieve your personal and business goals faster and easier than you ever imagined.Azim Jamal is one of the finest inspirational life altering speakers who has spoken to more than 1,000,000 people worldwide in 26 countries and his various media messages have been heard by more than 5,000,000 people. He is the CEO and founder of Corporate Sufi Worldwide whose mission is to inspire individuals and corporations to unleash their power within and find harmony between Business, Balance and Beyond.

365 Days with RUMI


Ergin Ergül - 2013
    With his messages going beyond the centuries, Mawlana is a guide and a leader who, ages ago, told the unchanging rules of all times. Rumi is primarily an intellectual, scientist and lawyer speaking Persian, Turkish, Arabic, Greek and Hebrew languages, secondly the greatest poet of all times with his poems on love, justice and freedom accompanied by mystical passion and pain, and above all a universal wise man and a philosopher. He interprets people, humanity, life and permanent values in a holistic approach and brings forward recipes for the problems and dilemmas of all people.In this book, readers will find a pearl of inspiration from the source of eternal wisdom for each day of year.

The Principles of Political Economy and Taxation


David Ricardo - 1817
    His chief work, Principles of Political Economy and Taxation, first published in 1817, had a profound impact and remains one of the groundworks of modern economics. Ricardo's labor theory of value, as well as his elaboration of the division of incomes, and the function of wages, rent, and trade, deeply influenced the economic philosophies of Karl Marx, John Stuart Mill, Alfred Marshall, and many others.