Updates

  1. Person pages list letters, writing, profiles and links as sortable tables with filters, and show each person's companies as links; Fund letters show each letter's description in its own column.
  2. Experts show a checked job title and a short description of each person; 30 more people have photographs.
  3. Every company, fund, university and publication the experts work for has a page listing the people there.
  4. Fund letters show each letter's thesis and filter by it; 225 person pages list the essays, columns and newsletter issues the person wrote.
  5. Person pages list every essay and newsletter issue a person wrote, and their own books as a table in List view.
  6. Recommends shows the five largest kinds of book and the rest under More; browse pictures load sooner.
  7. Podcasts and talks link the original episode, filter by Audio and video or Press, and list each publisher once.
  8. Pages are wider, Recommends has List and Grid, and a filter clicked again turns off.
  9. Book cards sit in a ruled grid with Open Library and Goodreads links and each book's one-line note.
  10. Funds is now Investors; each investor's styles are buttons that filter the table.
  11. Podcasts and talks on a person's page filter by year and publisher and show as a list or a grid of pictures.
  12. Quotes show only people's own words: 472 summaries written by list sites are gone.
  13. Country pages open from Browse again, and every link on the shelf lands on a page.
  14. Subject and person pages show their sections as tabs, and each book appears once on a person's page.
  15. Book cards show the quote, who said it and the source; grids show five cards to a row.
  16. On a phone, a menu holds the sections, search, Updates, Feedback and dark mode.
  17. Feedback takes a screenshot of the page with no browser prompt, opens a screenshot full size when you click it, and clears itself once sent.
  18. Book cards are centred, search names the topic each book sits in, and any text cut short shows whole on hover.
  19. Search groups its results by kind: people, companies, geographies, subjects, topics, books, funds, fund letters and papers.
  20. The Books table lists who recommended each book by name, and the browser tab names the section you are in.
  21. Feedback can take a screenshot of the page, or one you paste or choose, and opens in the corner beside Updates.
  22. Each rail button reopens its section where you left it, and Browse, Table and People show on every book and subject page.
  23. Filters grey out choices that hold nothing instead of hiding them, and Books › People filters by authors or recommenders.
  24. Feedback takes a subject line and up to three screenshots.
  25. Biographies are grouped by the person they are about: 41 new pages, from Abraham Lincoln to Lee Kuan Yew.
  26. Sport splits into 23 sports, and Religion into one topic per faith.
  27. Book lists show as cards: the cover, one recommendation quote and every recommender by name.
  28. Seventeen subjects that had two or three pages under different names now have one page each.
  29. Every page lists its Experts as authors and recommenders, with a link to them on the Experts tab.
  30. Economics, Financial history, Financial panics and Accounting are subjects of their own, with one page per financial crisis.
  31. Book, person and subject pages open inside the app, so the tabs stay in view.
  32. 996 more book covers, and photographs or logos for 227 more people and companies.
  33. Books › Browse shows every subject as cards, and the rail holds Fund letters, Papers, Experts, Books and Funds.
  34. Every topic over 150 books splits into narrower topics, each with a page of its own.

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WP

William Poundstone

T2JournalistsIdeas from outside finance

American author, columnist and skeptic who wrote the Big Secrets series and a biography of Carl Sagan.

Fortune's Formula traces the Kelly criterion from Bell Labs information theory to Ed Thorp's blackjack and hedge-fund bet sizing, and it remains the standard entry point to position sizing under an edge. Priceless collects the experimental work on how buyers anchor and compare prices, which transfers straight into pricing decisions.

5 books of their own

Start here

  1. Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall StreetWilliam Poundstone, 2005
  2. PricelessWilliam Poundstone, 2010
  3. Prisoner's DilemmaWilliam Poundstone, 1992
Fortune's Formula: The Untold Story of the SFortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
T2 Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
William Poundstone · 2005
Open LibraryGoodreads

The Kelly criterion for sizing bets, from Bell Labs to casinos and hedge funds.

Recommended by: Mohnish Pabrai

PricelessPriceless
T2 Priceless
William Poundstone · 2010
Open LibraryGoodreads

People have no fixed sense of value, so context and anchors set the prices they pay.

Recommended by: Mohnish Pabrai, Patrick O'Shaughnessy

Prisoner's DilemmaPrisoner's Dilemma
T2 Prisoner's Dilemma
William Poundstone · 1992
Open LibraryGoodreads

Von Neumann, game theory and the prisoner's dilemma in nuclear strategy.

Rock Breaks Scissors: A Practical Guide to ORock Breaks Scissors: A Practical Guide to Outguessing and Outwitting Almost Everybody
T2 Rock Breaks Scissors: A Practical Guide to Outguessing and Outwitting Almost Everybody
William Poundstone · 2014
Open LibraryGoodreads

People can't act randomly, and how to exploit that in games, tests and markets.

Recommended by: Mohnish Pabrai

Are You Smart Enough to Work at Google?Are You Smart Enough to Work at Google?
T2 Are You Smart Enough to Work at Google?
William Poundstone · 2012
Open LibraryGoodreads

Tech firms' puzzle interview questions, and whether they pick good hires.

Recommended by: Sophie Bakalar

Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall StreetThe Kelly criterion for sizing bets, from Bell Labs to casinos and hedge funds.2005T2Mohnish Pabrai
PricelessPeople have no fixed sense of value, so context and anchors set the prices they pay.2010T2Mohnish Pabrai, Patrick O'Shaughnessy
Prisoner's DilemmaVon Neumann, game theory and the prisoner's dilemma in nuclear strategy.1992T2–
Rock Breaks Scissors: A Practical Guide to Outguessing and Outwitting Almost EverybodyPeople can't act randomly, and how to exploit that in games, tests and markets.2014T2Mohnish Pabrai
Are You Smart Enough to Work at Google?Tech firms' puzzle interview questions, and whether they pick good hires.2012T2Sophie Bakalar

Tags

edward-thorpclaude-shannonjohn-von-neumannkelly-criterionposition-sizinggame-theorypricinganchoringprobability