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Showing 253–264 of 492 results
KELLY CAPITAL GROWTH INVESTMENT CRITERION: THEORY AND PRACTICE Paperback
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 essentially different strategies. So most of the time, the Kelly bettor will have much more wealth than these other bettors but the Kelly strategy can lead to considerable losses a small percent of the time. There are ways to reduce this risk at the cost of lower expected final wealth using fractional Kelly strategies that blend the Kelly suggested wager with cash. The various classic reprinted papers and the new ones written specifically for this volume cover various aspects of the theory and practice of dynamic investing. Good and bad properties are discussed, as are fixed-mix and volatility induced growth strategies. The relationships with utility theory and the use of these ideas by great investors are featured. Product description
Review
For those who have heard of the Kelly mythos and want to explore the science behind it, this book will be an instant classic. The editors have collected all the pivotal original papers, spanning centuries and the rarely bridged gulf between theory and practice. This book is indispensable for anyone interested in Kelly’s legacy. — William Poundstone “Author of “Fortune’s Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street””
The present handbook assembles in an impressive way the classical papers and also provides the link to modern research. It also presents important papers with a critical view towards the Kelly criterion. Among them figures the famous three-page paper of P. Samuelson from 1979 which is written by using exclusively one-syllable words. — Professor Walter Schachermayer “Faculty of Mathematics, University of Vienna”
From the Back Cover
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 essentially different strategies. So most of the time, the Kelly bettor will have much more wealth than these other bettors but the Kelly strategy can lead to considerable losses a small percent of the time. There are ways to reduce this risk at the cost of lower expected final wealth using fractional Kelly strategies that blend the Kelly suggested wager with cash. The various classic reprinted papers and the new ones written specifically for this volume cover various aspects of the theory and practice of dynamic investing. Good and bad properties are discussed, as are fixed-mix and volatility induced growth strategies. The relationships with utility theory and the use of these ideas by great investors are featured.
Kiran Makkar IELTS Academic Essays From The Past Exams 2024 Edition
The ‘Kiran Makkar IELTS Academic Essays From The Past Exams 2024 Edition’ is an indispensable resource for those preparing for the IELTS Academic Writing test. This comprehensive guide contains a meticulously curated collection of essays from previous IELTS exams, providing invaluable insights into the types of questions and topics that may be encountered. With detailed analysis and expert guidance, this book equips you with the necessary skills and strategies to tackle the Writing Task 2 section effectively. Whether you’re seeking to improve your essay writing abilities, enhance your vocabulary, or gain a deeper understanding of the IELTS exam format, this book is an invaluable companion on your journey to achieving your desired IELTS score. Authored by the renowned Kiran Makkar, a leading authority in the field of IELTS preparation, this book promises to be a game-changer in your IELTS journey. Most of the actual IELTS exam questions are often repeated from this book.
Kiran Makkar IELTS Academic Readings For Exam Practice – Vol 3
Prepare for your IELTS exam with confidence using Kiran Makkar’s ‘IELTS Academic Readings For Exam Practice – Vol 3’. This comprehensive guide, authored by Dr. Kiranpreet Kaur Makkar, offers a meticulously curated collection of academic readings designed to enhance your reading comprehension and vocabulary skills. With a diverse range of topics and difficulty levels, this volume equips you with the necessary tools to excel in the IELTS Academic Reading section. Invest in this invaluable resource and unlock your true potential for achieving your desired IELTS score.
Kiran Makkar IELTS Graphs From The Past Exams Dr. Kiranpreet Kaur Makkar Paperback Book
This comprehensive book by Dr. Kiranpreet Kaur Makkar is an invaluable resource for IELTS candidates preparing for the Academic Writing Task 1. It contains over 250 solved graphs from past IELTS exams, providing ample practice opportunities. The graphs cover diverse topics, enabling you to enhance your data analysis and description skills. With clear explanations and expert guidance, this meticulously crafted book equips you with the necessary strategies to excel in the IELTS Academic Writing Task 1. Boost your confidence and achieve your desired IELTS score with this indispensable guide.
Knowledge Encyclopedia Boxed Set 8 Books For Kids Age Group 10+ Total No. Of Pages 1536 192 Pages Per Book Of A4 Size Topics-World History Space Planet Earth Inventions & Discoveries Paperback
This comprehensive encyclopedia box set covers a plethora of topics making these books as your ultimate source of knowledge. Discover planet Earth, boundless space, comprehend the grand animal kingdom, know the monumental achievements of mankind and how your body functions among others. These books help the curious young minds explore and understand how things happen and what possibilities are in-store for the future. Detailed images and an extensive glossary make these books user-friendly, engaging and loaded with information.
This encyclopedia box set is a must-have for all children!
It is well-researched and has child-friendly content
The various topics improve knowledge about the world around us and beyond
The content will cater to curious minds and expand their horizon
The book comprises a glossary of new and difficult terms
It is an excellent selection for gifting and school libraries About the Author
Wonder House has a dedicated team of editors and designers involved in the development of magnificent and enriching children books. The team pays special attention to develop age appropriate content and does extensive research on every topic included in the book. Our mission is to develop highly informative content which will help the children to master different skills. At Wonder House, we strive to make learning a joy.
Kumbh Mela: Mapping the Ephemeral Megacity Hardcover
Kumbh Mela: Mapping the Ephemeral Megacity
Kurma Purana Paperback Bibek Debroy
To save the world from cosmic annihilation, Lord Vishnu takes on his second avatar, that of the Kurma, or the tortoise. The Kurma Purana is one of the eighteen classic Hindu texts known collectively as the Puranas. The origins of the Kurma Purana can be traced back to 600 to 900 CE, and we encounter Indradyumna, Varaha, Devi, Vyasa, and the divine presence of Shiva in this text as we delve into the deep and nuanced tale of one of the greatest Hindu legends.
The seventh book in the Purana series, this translation of the Kurma Purana by Bibek Debroy is an attempt to bring to readers, the rich and layered history of our myths and classics.
Previous books in the series include the Bhagavata Purana, Brahma Purana, Markandeya Purana, Brahmanda Purana, Vishnu Purana and the Shiva Purana. About the Author
Biography: Bibek Debroy is a renowned economist, scholar and translator. He has worked in universities, research institutes, industry and for the government. He has widely published books, papers and articles on economics. As a translator, he is best known for his magnificent rendition of the Mahabharata in ten volumes as well as the three-volume Valmiki Ramayana-both of which have been published to wide acclaim by Penguin Classics. He is also the author of Sarama and Her Children, which splices his interest in Hinduism with his love for dogs.
Lakhmir Singh Science Class 9th Part 1 Physics + Part 2 Chemistry + Part 3 Biology – Set of 3 Books (For 2024 Exam)
This comprehensive set of three books from Lakhmir Singh covers the NCERT science syllabus for Class 9, tailored for the upcoming 2024 examinations. The series includes:
- Part 1: Physics
- Part 2: Chemistry
- Part 3: Biology
Key Features:
- Extensive solved and unsolved questions to enhance learning and assessment.
- Color-coded headings, subheadings, and definitions for easy navigation.
- Numerous colored illustrations and sketches that clarify scientific concepts and demonstrate real-world applications.
Lata: A Life in Music Hardcover
An ode to the majestic life of the late Lata Mangeshkar, Lata: A Life in Music celebrates art in its totality and tells the life story of India’s most loved vocal artists. The result of Yatindra Mishra’s decade-long dialogue with the great singer, it also explores the lesser-known aspects of the great artist, introducing the readers to Lata Mangeshkar as an intellectual and cultural exponent and providing a rare glimpse into the person behind the revered enigma.
At the confluence of cinema, music and literature, this is the most definitive biography of the voice of the nation that also documents sociocultural changes from the late British era through post-Independent India right up to the twenty-first century. This is the story of the various myths, mysteries, truths and contradictions which make a human an icon and also make an icon incredibly humane. Review
Yatindra Mishra’s questions are strong and leading. They are just as illuminating as the answers. That is the beauty of the book.Gulzar.A unique book, an absolute treasure.Pandit Vishvamohan Bhatt.The singing voice of the iconic singer has had an unprecedented impact on Indian film music, but the voice that we hear in the book, anecdotes, memories and experiences, is equally moving and inspiring.Shubha Mudgal.A wonderful book!One can feel Yatindra Mishra’s passion as an artist in each page.Sooraj Barjatya.A document of the interesting details of Lata Mangeshkar’s life, the book offers glimpses of Hindi film music.BBC.An interesting document of the musical career of the Lata Mangeshkar. We need more such original documents about our major stars.India Today.
About the Author
About the Author
Yatindra Mishra is the author of four collections of poetry and some well-received books on Indian music, cinema and arts in the Hindi language such as Girija, Devpriya, Sur Ki Baradari, Akhtari and Shahernama Faizabad (ed.).
The original Hindi version of this book, Lata: Sur-Gatha, won the 64th National Film Award and the MAMI Award for Best Writing on Cinema (2016-17).
About the Translator
Ira Pande is a writer, columnist, and an accomplished translator. Over the years, she has translated short stories, novellas, memoirs, autobiographies and literary portraits. She was awarded the Crossword and Sahitya Akademi award for her translation of Manohar Shyam Joshi’s novella T’ta Professor in 2010. She has also translated Shivani’s stories and memoir Amader Shantiniketan, as well as Apradhini: Women without Men, a work on jailed women.
Lepakshi: Architecture, Sculpture, Painting (H.B) Hardcover
Hidden away in the remote village of lepakshi in the rayalaseema region of Andhra Pradesh, merely a couple of hours drive from Bengali, is one of the most spectacular Vijayanagara temples. Unlike so many other religious monuments of the period that have suffered disfiguring additions or have lost their original carvings and ceiling paintings, that at lepakshi dedicated to virabhadra, a fierce emancipation of Shiva, is miraculously intact. Its architecture, sculptures and paintings showcase the finest artistic achievements in southern India during the first half of the sixteenth century. While the remarkable qualities of lepakshi have long been recognized, particularly its unique series of ceiling paintings, this volume is the first to provide the temple with a comprehensive description. It is authored by three eminent scholars: George Michel, who has focused on Vijayanagara temple architecture; Anna L. Dallapiccola, who has extensively researched the sculptural and painting traditions of southern India; and Brigitte Khan majlis, an expert on Indian textile designs and techniques. In addition to newly prepared architectural plans of the monument, the volume is illustrated with more than 250 specially commissioned photographs of the temple’s exterior and interior by Surendra Kumar. Photography: Surendra Kumar.
Lifespan : Why We Age – and Why We Don’t Have To Paperback
In this paradigm-shifting book from acclaimed Harvard Medical School doctor and one of TIME magazines 100 most influential people on earth, Dr. David Sinclair reveals that everything we think we know about ageing is wrong, and shares the surprising, scientifically-proven methods that can help readers live younger, longer.
For decades, the medical community has looked to a variety of reasons for why we age, and the consensus is that no one dies of old age; they die of age-related diseases. That’s because ageing is not a disease it is inevitable.
But what if everything you think you know about ageing is wrong?
What if ageing is a disease? And that disease is curable.
In THE EVOLUTION OF AGEING, Dr. David Sinclair, one of the worlds foremost authorities on genetics and ageing, argues just that. He has dedicated his lifes work to chasing more than a longer lifespan he wants to enable people to live longer, healthier, and disease-free well into our hundreds. In this book, he reveals a bold new theory of ageing, one that pinpoints a root cause of ageing that lies in an ancient genetic survival circuit. This genetic trick a circuit designed to halt reproduction in order to repair damage to the genome has enabled earths early microcosms to survive and evolve into more advanced organisms. But this same survival circuit is the reason we age: as genetic damage accumulates over our lifespans from UV rays, environmental toxins, and unhealthy diets, our genome is overwhelmed, causing gray hair, wrinkles, achy joints, heart issues, dementia, and, ultimately, death.
But genes arent our destiny; we have more control over them than weve been taught to believe. We cant change our DNA, but we can harness the power of the epigenome to realise the true potential of our genes. Drawing on his cutting-edge findings at the forefront of medical research, Dr. Sinclair will provide a scientifically-proven roadmap to reverse the genetic clock by activating our vitality genes, so we can live younger longer. Readers will discover how a few simple lifestyle changes like intermittent fasting, avoiding too much animal protein, limiting sugar, avoiding x-rays, exercising with the right intensity, and even trying cold therapy can activate our vitality genes. Dr. Sinclair ends the book with a look to the near future, exploring what the world might look like and what will need to change when we are all living well to 120 or more.
Dr. Sinclair takes what we have long accepted as the limits of human potential and mortality and turns them into choices. LIFESPAN is destined to be the biggest book on genes, biology, and longevity of this decade. Review
‘If you ever wondered how we age, if we can slow or even reverse aging, and if we can live a healthy 100 plus years, then David Sinclair’s new book Lifespan, which reads like a detective novel, will guide you through the science and the practical strategies to make your health span equal your lifespan, and make your lifespan long and vibrant.’
– Mark Hyman, MD Director, Cleveland Clinic Center for Functional Medicine and #1 New York Times bestselling author
‘This is the most visionary book about aging I have ever read. Seize the day–and seize this book!’
– Dean Ornish, MD, founder & president, Preventive Medicine Research Institute, and New York Times bestselling author of UnDo It!
“In this insightful and provocative book that asks questions about how we age, and whether humans can overcome decay and degeneration, Sinclair grapples with some of the most fundamental questions around the science of aging. The result is an elegant and exciting book that deserves to be read broadly and deeply.” Author: Siddhartha Mukherjee, Pulitzer Prize–winning and #1 New York Times bestselling author
“There are few books that have ever made me think about science in a fundamentally new way. David Sinclair’s book did that for me on aging. This is a book that anyone who ages must read.” Author: Leroy Hood, PhD, professor at the California Institute of Technology, inventor, entrepreneur, member of all three US National Academies, and co-author of Code of Codes
About the Author
David Sinclair, PhD is a Professor of Genetics at Harvard Medical School, the Founding Director of Paul F Glenn Labs for Ageing Research, Co-Chief editor of the Journal of Ageing and Con-joint Professor, University of New South Wales, Medicine. He has received more than 25 awards for his medical research and in 2014 he was named by TIME magazine as ‘one of the 100 most influential people in the world’. Born and educated in Australia, he now resides in New York City.