Beat the Market: A Scientific Stock Market System
| Author | : | |
| Rating | : | 4.97 (800 Votes) |
| Asin | : | B00O6EDSFA |
| Format Type | : | paperback |
| Number of Pages | : | 221 Pages |
| Publish Date | : | 0000-00-00 |
| Language | : | English |
DESCRIPTION:
Math Fan said Good Book--free pdf online. Good Book--offered for free pdf -- on lineThis is a good book--sort of a classic since it's written by thorpe--google search it and you can find a free pdf online. "The veritable secrets of the universe are revealed" according to J. Rensink. E. O. Thorp has made a tremendous career from finding opportunities and properly exploiting them as advertised in this ground breaking book. There is no one in the financial world who has had a better risk-adjusted return than Thorp for the last The veritable secrets of the universe are revealed E. O. Thorp has made a tremendous career from finding opportunities and properly exploiting them as advertised in this ground breaking book. There is no one in the financial world who has had a better risk-adjusted return than Thorp for the last 30 years.Virtually unknown is the fact that years before, Thorp invented/discovered the formula that is attributed to Black-Scholes, with the exception of the risk-free interest rate factor, because of existing market structure that prevented interest from being a factor.And Thorp's treatment of the Kelly Criterion makes this a standout work.Since many have never read this book yet or trie. 0 years.Virtually unknown is the fact that years before, Thorp invented/discovered the formula that is attributed to Black-Scholes, with the exception of the risk-free interest rate factor, because of existing market structure that prevented interest from being a factor.And Thorp's treatment of the Kelly Criterion makes this a standout work.Since many have never read this book yet or trie. "Good introduction to hedging" according to Ratatosk. This is a well-written book presenting a hedging system that uses stocks, warrants and other convertible securities. The hedging system was invented almost 50 years ago when there were very few hedge funds (allegedly the author's hedge fund was one of the first using such a system), so I don't know if this system still works. But if you're new to hedging then I recommend this book as a good introduction to the concept. The author has made the book available for free download from his website.
Thorp's theories on investment strategies; used very successfully by him in his position as a hedge fund manager. near mint 2nd printing of Mr