Books Reviews

Berkshire Hathaway

Berkshire Hathaway Letters to Shareholders

Review Berkshire Hathaway Letters to Shareholders by WARREN BUFFETT  Description When Warren Buffett became head of Berkshire Hathaway Inc in 1965, it was just a small textile company. Each share was valued at $18 during that time. Years later, that same share was valued at $306,000, multiplying the value more than 17,000 times. This book […]

The Misbehavior

The Misbehavior of Markets

Review The Misbehavior of Markets: A Fractal View of Financial Turbulence by BENOIT B. MANDELBROT and RICHARD L. HUDSON Description Before engaging in the field of finance, the author Benoit Mandelbrot initially endeavored in researches and academic pursuits relative to the mathematics of space, figures, and natural patterns. Though he is an esteemed figure in […]

The Signal and the Noise

The Signal and the Noise

Review The Signal and the Noise: Why So Many Predictions Fail–but Some Don’t by NATE SILVER Description Nate Silver largely contributed to prediction practices through his system capable of accurately predicting baseball matches. He also predicted the 2008 poll and, after which, became a renowned figure in the world of blogging. Presently, he is now […]

The Kelly Capital1

The Kelly Capital Growth Investment Criterion

Review The Kelly Capital Growth Investment Criterion by LEONARD C. MCLEAN, EDWARD O. THORP, WILLIAM T. ZIEMBA Description This book is solely dedicated to intensively discuss the principles and application of the fortune’s formula or more commonly known as the Kelly Capital Growth Criterion. This strategy is systematic in a way that it stretches long-term […]

Calculated Bets

Calculated Bets

Review Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win by STEVEN SKIENA Description If you are looking for a primer that will efficiently help you in designing, developing, and implementing a gambling system capable of exponential profits, then Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win is the guide you need. True to […]