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The Science of Winning: A Random Walk Along the Road to Investment Riches (High Stakes: Gambling)
 
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The Science of Winning: A Random Walk Along the Road to Investment Riches (High Stakes: Gambling) [Paperback]

Burton P. Fabricand

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Product Description

This updated and revised edition picks out the very best elements of Fabricand's many works on betting and investment. Employing chaos theory, efficient market hypothesis and the symmetry of free markets to help investors at both codes improve their investment performance, the implications of this astounding work are far-reaching. For the more experienced gambler.

About the Author

Dr Burton P. Fabricand, physicist and financier is the managing partner of Fabricand Associates, an investment fund, consultant to a member firm of the NY Stock Exchange and Professor Emeritus of Physics at the Pratt Institute

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Amazon.com: 4.0 out of 5 stars (2 customer reviews)

17 of 18 people found the following review helpful:
4.0 out of 5 stars Semi-strong market efficiencies studied, 13 Mar 2005
By Fred Corsiglia - Published on Amazon.com
This review is from: The Science of Winning: A Random Walk Along the Road to Investment Riches (High Stakes: Gambling) (Paperback)
Science of Winning is written for students of probability and their applications in the stock market and pari-mutuel wagering. The author, Fabricand, draws some great analogies in semi-strong market efficiencies for both market with a conclusion that "new information" is a barrier to complete efficiency. The book then goes into analysis of how to take advantage of the inefficiencies, particularly as they apply to favorites in horse racing and stocks with surprisingly strong earnings reports. Toward horse racing, some rules, which read as if written by a lawyer, are presently and some analyses are presented to support the rules.

This book is entertaining. This book may be an aid to your objectives for profitability. I think the book over simplifies some approaches (e.g. technical analysis and computer handicapping). This is classic in that it was originally written in 1977 and now, 28 years later, this book remains in print.

4.0 out of 5 stars Venerable book for the library., 26 April 2011
By zerocred - Published on Amazon.com
This review is from: The Science of Winning: A Random Walk Along the Road to Investment Riches (High Stakes: Gambling) (Paperback)
He does give a bunch of rules which need investigation.

The sections on other markets are interesting and timeless - but I guess with the advent of betting exchanges it might need to have some new material added.
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