The Kelly capital growth investment criterion (Record no. 56637)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01897nam a22002777a 4500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20210802121918.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 200707b ||||| |||| 00| 0 eng d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| International Standard Book Number | 9789814383134 |
| 028 ## - DISTRIBUTOR NAME | |
| Distributor Name | Brijwasi Book Distributors |
| Distributor address | ;H-87,Lalita Park,Laxmi Nagar,Delhi-110092 |
| Bill Number | ;BW/005820 |
| Bill Date | ;01/06/2020 |
| 082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER | |
| Classification number | 332.632042 MAC |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | L C MacLean |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | ; Edward O Thorp |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | ; W T Ziemba |
| 245 ## - TITLE STATEMENT | |
| Title | The Kelly capital growth investment criterion |
| Remainder of title | : theory and practice |
| Statement of responsibility, etc | /L C MacLean |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication, distribution, etc | Singapore ; Hackensack, N.J. |
| Name of publisher, distributor, etc | : World Scientific |
| Date of publication, distribution, etc | , ©2011. |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | xxvi, 853 pages |
| Dimensions | ;26 cm. |
| 365 ## - TRADE PRICE | |
| Price amount | 1695 |
| 490 ## - SERIES STATEMENT | |
| Series statement | World Scientific handbook in financial economic series, v. 3. |
| 505 ## - FORMATTED CONTENTS NOTE | |
| Contents note | pt. 1. The early ideas and contributions --<br/>pt. 2. Classic papers and theories --<br/>pt. 3. The relationship of Kelly optimization to asset allocation --<br/>pt. 4. Critics and assessing the good and bad properties of Kelly --<br/>pt. 5. Utility foundations --<br/>pt. 6. Evidence of the use of Kelly type strategies by the great investors and others |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | This volume provides the definitive treatment of fortune's formula or the Kelly capital growth criterion as it is often called. The strategy is to maximize long run wealth of the investor by maximizing the period by period expected utility of wealth with a logarithmic utility function. Mathematical theorems show that only the log utility function maximizes asymptotic long run wealth and minimizes the expected time to arbitrary large goals. In general, the strategy is risky in the short term but as the number of bets increase, the Kelly bettor's wealth tends to be much larger than those with es |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Economics |
| 655 ## - INDEX TERM--GENRE/FORM | |
| Genre/form data or focus term | Investments -- Mathematical models. |
| Non-focus term | Portfolio management -- Mathematical models. |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Edward O Thorp |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | ; W T Ziemba |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Books |
| Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Source of acquisition | Cost, normal purchase price | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dewey Decimal Classification | SNU LIBRARY | SNU LIBRARY | 07/07/2020 | Brijwasi Book Distributors | 1695.00 | 332.632042 MAC | 27629 | 07/07/2020 | 07/07/2020 | Books |
