Review Buffettology: The Previously Unexplained Techniques That Have Made Warren Buffett The Worlds by MARY BUFFETT Description Sure there are laudable and famous names in the investing industry, but nothing will come close to Warren Buffett. His name equates to wealth and success as his legacy in the field of investment remains unbeatable. As many aspire to follow Buffett’s footsteps, …
Kelly Capital Growth Investment Criterion
Review Kelly Capital Growth Investment Criterion: Theory and Practice by LEONARD MACLEAN, EDWARD THORP, and WILLIAM ZIEMBA Description A modern take on a classic concept, Kelly Capital Growth Investment Criterion gives a fresh presentation of fortune’s formula. It contains significant papers with a critical view of the Kelly criterion. The integration of theory and practice feature adds value to the …
Calculated Bets
Review Calculated Bets: Computers, Gambling, and Mathematical Modeling to Win by STEVEN S. SKIENA Description This book follows the story of how Steven Skiena predicted the results of jai-alai matches by using computer simulations and mathematical modeling techniques. After predicting the outcome, he bet on them and maximized his initial stake by up to 500% in only one year. Skiena …
The Research Driven Investor
Review The Research Driven Investor: How to Use Information, Data and Analysis for Investment Success by TIMOTHY HAYES Description The high volatility innate in market structure contributes to the taxing and complicated experience that the majority of investors face. To minimize the difficulty that investors commonly encounter, The Research Driven Investor provides straightforward and clear examples of different investment frameworks. …
Manias, Panics, and Crashes
Review Manias, Panics, and Crashes: A History of Financial Crises by CHARLES KINDLEBERGER Description Charles Kindleberger takes on financial crises and gives a historical account of its beginning and continued existence in the modern age. In this book, the volatility of the financial markets is exploited to identify patterns and tendencies as Kindleberger intricately probes on financial crises. Unearth unknown …
Cryptocurrency Wallet – what is it?
A cryptocurrency wallet is a digital wallet that securely stores cryptocurrencies. It functions with the use of cryptography, which gives it security and allows it to connect to the blockchain. This permits it to conduct transactions. More than ‘storing’ crypto, the cryptocurrency wallet’s more important role is being the middleman in cryptocurrency storage and transactions. How a cryptocurrency wallet works …