A Mathematician Plays The Stock Market

A Mathematician Plays The Stock Market

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  • Author: John Allen Paulos
  • Publisher: Basic Books
  • ISBN: 0465009700
  • Category : Science
  • Languages : en
  • Pages : 227

Can a renowned mathematician successfully outwit the stock market? Not when his biggest investment is WorldCom. In A Mathematician Plays the Stock Market , best-selling author John Allen Paulos employs his trademark stories, vignettes, paradoxes, and puzzles to address every thinking reader's curiosity about the market -- Is it efficient? Is it random? Is there anything to technical analysis, fundamental analysis, and other supposedly time-tested methods of picking stocks? How can one quantify risk? What are the most common scams? Are there any approaches to investing that truly outperform the major indexes? But Paulos's tour through the irrational exuberance of market mathematics doesn't end there. An unrequited (and financially disastrous) love affair with WorldCom leads Paulos to question some cherished ideas of personal finance. He explains why "data mining" is a self-fulfilling belief, why "momentum investing" is nothing more than herd behavior with a lot of mathematical jargon added, why the ever-popular Elliot Wave Theory cannot be correct, and why you should take Warren Buffet's "fundamental analysis" with a grain of salt. Like Burton Malkiel's A Random Walk Down Wall Street , this clever and illuminating book is for anyone, investor or not, who follows the markets -- or knows someone who does.


A Mathematician Plays the Market

A Mathematician Plays the Market

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  • Author: John Allen Paulos
  • Publisher: Penguin Books
  • ISBN: 9780141012032
  • Category : Gambling
  • Languages : en
  • Pages : 208

Paulos offers a hillarious account of how the stock market both follows and defies mathematical principals. He offers an enagaing overview of everything from "betas" to the efficient market hypothesis.


Beyond Numeracy

Beyond Numeracy

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  • Author: John Allen Paulos
  • Publisher: Vintage
  • ISBN: 030783333X
  • Category : Mathematics
  • Languages : en
  • Pages : 306

From the author of the national bestseller Innumeracy, a delightful exploration and explanation of mathematical concepts from algebra to zero in easily accessible alphabetical entries. "Paulos . . . does for mathematics what The Joy of Sex did for the boudoir. . . ."--Washington Post Book World. First time in paperback.


The Joy of X

The Joy of X

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  • Author: Steven Henry Strogatz
  • Publisher: Houghton Mifflin Harcourt
  • ISBN: 0547517653
  • Category : Mathematics
  • Languages : en
  • Pages : 333

A delightful tour of the greatest ideas of math, showing how math intersects with philosophy, science, art, business, current events, and everyday life, by an acclaimed science communicator and regular contributor to the "New York Times."


Fortune's Formula

Fortune's Formula

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  • Author: William Poundstone
  • Publisher: Hill and Wang
  • ISBN: 0374707081
  • Category : Business & Economics
  • Languages : en
  • Pages : 399

In 1956, two Bell Labs scientists discovered the scientific formula for getting rich. 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 phenomenally 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 William Poundstone's Fortune's Formula will convince you that he was right.


The 17.6 Year Stock Market Cycle

The 17.6 Year Stock Market Cycle

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  • Author: Kerry Balenthiran
  • Publisher: Harriman House Limited
  • ISBN: 0857193090
  • Category : Business & Economics
  • Languages : en
  • Pages : 83

How do we know where we are in the current stock market cycle? Are we in the midst of a new long term bull market or a market rally within an ongoing bear market? The answers to the above questions are critical to forming an appropriate investment strategy to plan for the future. The difference between anticipating the end of a secular (or cyclical) bull market and reacting to the significant crash that follows will have a big impact on anyone's investment returns and retirement plans. This book is concerned with cycles. A cycle is a sequence of events that repeat over time. The outcome won't necessarily be the same each time, but the underlying characteristics are the same. A good example is the seasonal cycle. Each year we have spring, summer, autumn and winter, and after winter we have spring again. But the weather can, and does, vary a great deal from one year to another. And so it is with the stock market. Kerry Balenthiran has studied stock market data going back 100 years and discovered a regular 17.6 year stock market cycle consisting of increments of 2.2 years. He has also extrapolated the cycle forwards to provide investors with a market roadmap stretching out to 2053. He describes this in detail and outlines the changing character of the stock market through the different phases of the 17.6 year stock market cycle. Whether you are an investment professional or private investor, this book provides a fascinating insight into the cyclical nature of the stock market and enables you to ensure that you have the right strategy for the prevailing stock market conditions.


Innumeracy

Innumeracy

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  • Author: John Allen Paulos
  • Publisher: Macmillan + ORM
  • ISBN: 1429934387
  • Category : Mathematics
  • Languages : en
  • Pages : 167

Readers of Innumeracy will be rewarded with scores of astonishing facts, a fistful of powerful ideas, and, most important, a clearer, more quantitative way of looking at their world. Why do even well-educated people understand so little about mathematics? And what are the costs of our innumeracy? John Allen Paulos, in his celebrated bestseller first published in 1988, argues that our inability to deal rationally with very large numbers and the probabilities associated with them results in misinformed governmental policies, confused personal decisions, and an increased susceptibility to pseudoscience of all kinds. Innumeracy lets us know what we're missing, and how we can do something about it. Sprinkling his discussion of numbers and probabilities with quirky stories and anecdotes, Paulos ranges freely over many aspects of modern life, from contested elections to sports stats, from stock scams and newspaper psychics to diet and medical claims, sex discrimination, insurance, lotteries, and drug testing.


Irreligion

Irreligion

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  • Author: John Allen Paulos
  • Publisher: Macmillan
  • ISBN: 9780809059188
  • Category : Mathematics
  • Languages : en
  • Pages : 180

Are there any logical reasons to believe in God? Mathematician and bestselling author Paulos thinks not. In "Irreligion" he presents the case for his own worldview, organizing his book into 12 chapters that refute the 12 arguments most often put forward for believing in Gods existence.


Stock Market Math

Stock Market Math

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  • Author: Michael C. Thomsett
  • Publisher: Walter de Gruyter GmbH & Co KG
  • ISBN: 1501507427
  • Category : Business & Economics
  • Languages : en
  • Pages : 284

Stock Market Math shows you how to calculate return, leverage, risk, fundamental and technical analysis problems, price, volume, momentum and moving averages, including over 125 formulas and Excel programs for each, enabling readers to simply plug formulas into a spread sheet. This book is the definitive reference for all investors and traders. It introduces the many formulas and legends every investor needs, and explains their application through examples and narrative discussions providing the Excel spreadsheet programs for each. Readers can find instant answers to every calculation required to pick the best trades for your portfolio, quantify risk, evaluate leverage, and utilize the best technical indicators. Michael C. Thomsett is a market expert, author, speaker and coach. His many books include Mathematics of Options, Real Estate Investor’s Pocket Calculator, and A Technical Approach to Trend Analysis. In Stock Market Math, the author advances the science of risk management and stock evaluation with more than 50 endnotes, 50 figures and tables, and a practical but thoughtful exploration of how investors and traders may best quantify their portfolio decisions.


The One Percent Doctrine

The One Percent Doctrine

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  • Author: Ron Suskind
  • Publisher: Simon and Schuster
  • ISBN: 184739616X
  • Category : Social Science
  • Languages : en
  • Pages : 384

In his devastating new book Pulitzer Prize-winning journalist Ron Suskind takes readers inside the defining conflict of our era: the war between the West and a growing, shadowy army of terrorists, armed with weapons of alarming power. Relying on unique access to former and current government officials, this book will reveal for the first time how the US government -- from President Bush on down -- is frantically improvising to fight a new kind of war. Where is the enemy? What have been the real victories and defeats since 9/11? How are we actually fighting this war and how can it possibly be won? Filled with astonishing disclosures, Suskind's book shows readers what he calls "the invisible battlefield" -- a global matrix where US spies race to catch soldiers of jihad before they strike. It is a real-life spy thriller with the world's future at stake. It also reveals the shocking and secret philosophy underpinning the war on terror. Gripping and alarming in equal measure, it will reframe the debate about a war that, each day, redefines America and its place in the world.