
Mathematician; founder, Princeton/Newport Partners 1969-1988 and Ridgeline Partners 1994-2002
Turned the Kelly criterion and warrant-pricing math into the first quantitative hedge fund, and his books are primary sources for both card counting and convertible arbitrage.
Chosen by shared topics, the entries that hold them, and the people who recommended both.
The first proven way to beat blackjack, by counting the cards left in the deck.
Edited volume of collected papers.
Recommended by: Nassim Nicholas Taleb
The Kelly criterion for sizing bets, from Bell Labs to casinos and hedge funds.
Recommended by: Mohnish Pabrai
Recommended by: Patrick O'Shaughnessy
From beating blackjack with maths to pricing warrants and running a hedge fund.
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