By the mid-1990s the old school grizzled traders had been replaced by a new breed of quantitative analysts, applying mathematics to the "art" of trading and making of it a science. A similar phenomenon is happening in poker. The grizzled "road gamblers" are being replaced by a new generation of players who have challenged many of the assumptions that underlie traditional approaches to the game. One of the most important features of this new approach is a reliance on quantitative analysis and the application of mathematics to the game. This book provides an introduction to quantitative techniques as applied to poker and to a branch of mathematics that is particularly applicable to poker, game theory, in a manner that makes seemingly difficult topics accessible to players without a strong mathematical background.

    Thorp invented card counting, proving the seemingly impossible: that you could beat the dealer at the blackjack table. As a result he launched a gambling renaissance. His remarkable success--and mathematically unassailable method--caused such an uproar that casinos altered the rules of the game to thwart him and the legions he inspired. They barred him from their premises, even put his life in jeopardy. Nonetheless, gambling was forever changed.Thereafter, Thorp shifted his sights to "the biggest casino in the world" Wall Street. Devising and then deploying mathematical formulas to beat the market, Thorp ushered in the era of quantitative finance we live in today. Along the way, the so-called godfather of the quants played bridge with Warren Buffett, crossed swords with a young Rudy Giuliani, detected the Bernie Madoff scheme, and, to beat the game of roulette, invented, with Claude Shannon, the world's first wearable computer.Here, for the first time, Thorp tells the story of what he did, how he did it, his passions and motivations, and the curiosity that has always driven him to disregard conventional wisdom and devise game-changing solutions to seemingly insoluble problems. An intellectual thrill ride, replete with practical wisdom that can guide us all in uncertain financial waters, A Man for All Markets is an instant classic--a book that challenges its readers to think logically about a seemingly irrational world.Praise for A Man for All Markets"In A Man for All Markets, [Thorp] delightfully recounts his progress (if that is the word) from college teacher to gambler to hedge-fund manager. Along the way we learn important lessons about the functioning of markets and the logic of investment."--The Wall Street Journal"[Thorp] gives a biological summation (think Richard Feynman's Surely You're Joking, Mr. Feynman!) of his quest to prove the aphorism 'the house always wins' is flawed. . . . Illuminating for the mathematically inclined, and cautionary for would-be gamblers and day traders"-- Library Journal

    As we enter the year 2000, zero is once again making its presence felt. Nothing itself, it makes possible a myriad of calculations. Indeed, without zero mathematicsas we know it would not exist. And without mathematics our understanding of the universe would be vastly impoverished. But where did this nothing, this hollow circle, come from? Who created it? And what, exactly, does it mean? Robert Kaplan's The Nothing That Is: A Natural History of Zero begins as a mystery story, taking us back to Sumerian times, and then to Greece and India, piecing together the way the idea of a symbol for nothing evolved. Kaplan shows us just how handicapped our ancestors were in trying to figurelarge sums without the aid of the zero. (Try multiplying CLXIV by XXIV). Remarkably, even the Greeks, mathematically brilliant as they were, didn't have a zero--or did they? We follow the trail to the East where, a millennium or two ago, Indian mathematicians took another crucial step. By treatingzero for the first time like any other number, instead of a unique symbol, they allowed huge new leaps forward in computation, and also in our understanding of how mathematics itself works. In the Middle Ages, this mathematical knowledge swept across western Europe via Arab traders. At first it was called dangerous Saracen magic and considered the Devil's work, but it wasn't long before merchants and bankers saw how handy this magic was, and used it to develop tools likedouble-entry bookkeeping. Zero quickly became an essential part of increasingly sophisticated equations, and with the invention of calculus, one could say it was a linchpin of the scientific revolution. And now even deeper layers of this thing that is nothing are coming to light: our computers speakonly in zeros and ones, and modern mathematics shows that zero alone can be made to generate everything.Robert Kaplan serves up all this history with immense zest and humor; his writing is full of anecdotes and asides, and quotations from Shakespeare to Wallace Stevens extend the book's context far beyond the scope of scientific specialists. For Kaplan, the history of zero is a lens for looking notonly into the evolution of mathematics but into very nature of human thought. He points out how the history of mathematics is a process of recursive abstraction: how once a symbol is created to represent an idea, that symbol itself gives rise to new operations that in turn lead to new ideas. Thebeauty of mathematics is that even though we invent it, we seem to be discovering something that already exists.The joy of that discovery shines from Kaplan's pages, as he ranges from Archimedes to Einstein, making fascinating connections between mathematical insights from every age and culture. A tour de force of science history, The Nothing That Is takes us through the hollow circle that leads to infinity.

    He revolutionized the field of topology, which studies properties of geometric configurations that are unchanged by stretching or twisting. The Poincare conjecture lies at the heart of modern geometry and topology, and even pertains to the possible shape of the universe. The conjecture states that there is only one shape possible for a finite universe in which every loop can be contracted to a single point.Poincare's conjecture is one of the seven "millennium problems" that bring a one-million-dollar award for a solution. Grigory Perelman, a Russian mathematician, has offered a proof that is likely to win the Fields Medal, the mathematical equivalent of a Nobel prize, in August 2006. He also will almost certainly share a Clay Institute millennium award.In telling the vibrant story of The Poincare Conjecture, Donal O'Shea makes accessible to general readers for the first time the meaning of the conjecture, and brings alive the field of mathematics and the achievements of generations of mathematicians whose work have led to Perelman's proof of this famous conjecture.

    Drawing on their hugely popular BBC Radio 4 show More or Less,, journalist Michael Blastland and internationally known economist Andrew Dilnot delight, amuse, and convert American mathphobes by showing how our everyday experiences make sense of numbers. The radical premise of The Numbers Game is to show how much we already know, and give practical ways to use our knowledge to become cannier consumers of the media. In each concise chapter, the authors take on a different theme—such as size, chance, averages, targets, risk, measurement, and data—and present it as a memorable and entertaining story. If you’ve ever wondered what “average” really means, whether the scare stories about cancer risk should convince you to change your behavior, or whether a story you read in the paper is biased (and how), you need this book. Blastland and Dilnot show how to survive and thrive on the torrent of numbers that pours through everyday life. It’s the essential guide to every cause you love or hate, and every issue you follow, in the language everyone uses.

    Haskell emerged in the last decade as a standard for lazy functional programming, a programming style where arguments are evaluated only when the value is actually needed. Haskell is a marvellous demonstration tool for logic and maths because its functional character allows implementations to remain very close to the concepts that get implemented, while the laziness permits smooth handling of infinite data structures.This book does not assume the reader to have previous experience with either programming or construction of formal proofs, but acquaintance with mathematical notation, at the level of secondary school mathematics is presumed. Everything one needs to know about mathematical reasoning or programming is explained as we go along. After proper digestion of the material in this book the reader will be able to write interesting programs, reason about their correctness, and document them in a clear fashion. The reader will also have learned how to set up mathematical proofs in a structured way, and how to read and digest mathematical proofs written by others.

    A riveting history of counting and calculating, from the time of the cave dwellers to the twentieth century, this fascinating volume brings numbers to thrilling life, explaining their development in human terms, the intriguing situations that made them necessary, and the brilliant achievements in human thought that they made possible. It takes us through the numbers story from Europe to China, via ancient Greece and Rome, Mesopotamia, Latin America, India, and the Arabic countries. Exploring the many ways civilizations developed and changed their mathematical systems, Ifrah imparts a unique insight into the nature of human thought–and into how our understanding of numbers and the ways they shape our lives have changed and grown over thousands of years.

    More and more leading businesses today use estimation questions in interviews to test applicants' abilities to think on their feet. Guesstimation enables anyone with basic math and science skills to estimate virtually anything--quickly--using plausible assumptions and elementary arithmetic.Lawrence Weinstein and John Adam present an eclectic array of estimation problems that range from devilishly simple to quite sophisticated and from serious real-world concerns to downright silly ones. How long would it take a running faucet to fill the inverted dome of the Capitol? What is the total length of all the pickles consumed in the US in one year? What are the relative merits of internal-combustion and electric cars, of coal and nuclear energy? The problems are marvelously diverse, yet the skills to solve them are the same. The authors show how easy it is to derive useful ballpark estimates by breaking complex problems into simpler, more manageable ones--and how there can be many paths to the right answer. The book is written in a question-and-answer format with lots of hints along the way. It includes a handy appendix summarizing the few formulas and basic science concepts needed, and its small size and French-fold design make it conveniently portable. Illustrated with humorous pen-and-ink sketches, Guesstimation will delight popular-math enthusiasts and is ideal for the classroom.

    Gonick’s The Cartoon Guide to Calculus is a refreshingly humorous, remarkably thorough guide to general calculus that, like his earlier Cartoon Guide to Physics and Cartoon History of the Modern World, will prove a boon to students, educators, and eager learners everywhere.

    Articles from Game Theory Tuesdays have been referenced in The Freakonomics Blog, Yahoo Finance, and CNN.com. The second edition includes many streamlined explanations and incorporates suggestions from readers of the first edition. Game theory is the study of interactive decision making--that is, in situations where each person's action affects the outcome for the whole group. Game theory is a beautiful subject and this book will teach you how to understand the theory and practically implement solutions through a series of stories and the aid of over 30 illustrations. This book has two primary objectives. (1) To help you recognize strategic games, like the Prisoner's Dilemma, Bertrand Duopoly, Hotelling's Game, the Game of Chicken, and Mutually Assured Destruction. (2) To show you how to make better decisions and change the game, a powerful concept that can transform no-win situations into mutually beneficial outcomes. You'll learn how to negotiate better by making your threats credible, sometimes limiting options or burning bridges, and thinking about new ways to create better outcomes. As these goals indicate, game theory is about more than board games and gambling. It all seems so simple, and yet that definition belies the complexity of game theory. While it may only take seconds to get a sense of game theory, it takes a lifetime to appreciate and master it. This book will get you started.

    With the Sons of Horus already at battle readiness over Sixty-Three Fourteen, a grim decision must be made...Witness the brutal methods of re-conquest enacted by the Warmaster and the Traitor Legions as the war for humanity wages on. This Quick Read is a fascinating look at the changes the war has wrought in Horus and the way he is viewed by the Imperium’s defenders.

      “An unexpectedly intimate look into a highly accomplished man, his colleagues and friends, the development of a new field of geometric analysis, and a glimpse into a truly uncommon mind.”—Nina MacLaughlin, Boston Globe “Engaging, eminently readable . . . For those with a taste for elegant and largely jargon-free explanations of mathematics, The Shape of a Life promises hours of rewarding reading.”—Judith Goodstein, American Scientist  Harvard geometer and Fields medalist Shing-Tung Yau has provided a mathematical foundation for string theory, offered new insights into black holes, and mathematically demonstrated the stability of our universe. In this autobiography, Yau reflects on his improbable journey to becoming one of the world’s most distinguished mathematicians. Beginning with an impoverished childhood in China and Hong Kong, Yau takes readers through his doctoral studies at Berkeley during the height of the Vietnam War protests, his Fields Medal–winning proof of the Calabi conjecture, his return to China, and his pioneering work in geometric analysis. This new branch of geometry, which Yau built up with his friends and colleagues, has paved the way for solutions to several important and previously intransigent problems. With complicated ideas explained for a broad audience, this book offers readers not only insights into the life of an eminent mathematician, but also an accessible way to understand advanced and highly abstract concepts in mathematics and theoretical physics.

    This book can be cut, drawn in, folded into shapes and will even take you to the fourth dimension. So join stand-up mathematician Matt Parker on a journey through narcissistic numbers, optimal dating algorithms, at least two different kinds of infinity and more.

    His commentaries on “All Things Considered” and his radio spots for Motel 6 have delighted millions, but he’s never been funnier than in this, his second collection of casual essays. Here are further musings ont he everyday joys and embarrassments of being a husband, father, citizen, and breadwinner by the author of As Far As You Can Go Without a Passport. Fans will be comforted by the familiarity of this return visit to Bodett country. Those new to his work will discover one of the freshest, friendliest voices among writers of humor today.

    Verification that algorithms work is emphasized more than their complexity. An effective use of examples, and huge number of interesting exercises, demonstrate the topics of trees and distance, matchings and factors, connectivity and paths, graph coloring, edges and cycles, and planar graphs. For those who need to learn to make coherent arguments in the fields of mathematics and computer science.