0 ratings
KELLY CAPITAL GROWTH INVESTMENT CRITERION, THE: THEORY AND PRACTICE (World Scientific Handbook in Financial Economics) Illustrated Edition
genuine image
KELLY CAPITAL GROWTH INVESTMENT CRITERION, THE: THEORY AND PRACTICE (World Scientific Handbook in Financial Economics) Illustrated Edition
The definitive treatment of fortune's formula or the Kelly capital growth criterion
KELLY CAPITAL GROWTH INVESTMENT CRITERION, THE: THEORY AND PRACTICE (World Scientific Handbook in Financial Economics) Illustrated Edition
Item #: 5470570

KELLY CAPITAL GROWTH INVESTMENT CRITERION, THE: THEORY AND PRACTICE (World Scientific Handbook in Financial Economics) Illustrated Edition

Item #: 5470570

BZD 90

Price Details

Excluding Shipping & Custom charges ( Shipping and custom charges will be calculated on checkout )

*All items will import from US

0 ratings Write a review
In stock
us Imported from USA store

QTY:

Order now and get it around Thursday, July 23
Secured transactionsecured transaction

Ubuy works hard to protect your security and privacy. Our advanced payment security system ensures confidentiality by encrypting your information during transmission using AES (Advanced Encryption Standards) and SSL (Secure Socket Layer) protocols. Your payment details are 100% secure as we do not share your payment details with third party sellers.

Our Top Logistics Partners
  • fedex
  • dhl
The definitive treatment of fortune's formula or the Kelly capital growth criterion
U-Care Warranty:
None
Select a Plan
fast shipping

Fast
Shipping

free return

Free
Return*

secure packaging

Secure Packaging

100% original products

100% Original Products

pci-dss

PCI DSS Compliance

iso certified

ISO 27001 Certified

paypal payment
visa payment
mastercard payment

What Stands Out

In-depth Theory
This illustrated edition provides comprehensive insights into the Kelly Capital Growth Investment Criterion, blending theory and practice for a deeper understanding of optimal investment strategies.
Practical Applications
It includes real-world examples that illustrate the application of the Kelly Criterion, making complex financial concepts accessible and practical for investors seeking to enhance their capital growth strategies.
Expert Insights
Authored by leading professionals in financial economics, this book offers expert perspectives, ensuring readers receive cutting-edge knowledge applicable in today's investment landscape.

Product Details

Get the Theory and Practice of the Kelly Capital Growth Investment Criterion at Ubuy Belize. Explore the World Scientific Handbook in Financial Economics and make informed investment decisions.
  • Definitive treatment of fortune's formula or the Kelly capital growth criterion
  • Maximizes long run wealth by maximizing 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
  • Kelly bettor's wealth tends to be much larger than those with essentially different strategies as the number of bets increase
  • Fractional Kelly strategies can reduce risk by blending the Kelly suggested wager with cash
  • Covers various aspects of the theory and practice of dynamic investing, relationships with utility theory, and use of these ideas by great investors
Publisher World Scientific Publishing Company
Publication date February 21, 2011
Edition Illustrated
Language English
Print length 884 pages
ISBN-10 9789814383134
ISBN-13 978-9814383134
Item Weight 2.47 pounds (1.12 kg)
Dimensions 6.6 x 2 x 9.7 inches (16.8 x 5.1 x 24.6 cm)
Book 1 of 6 World Scientific Handbook in Financial Economics

Who Should Buy?

Suitable For
  • Finance Professionals

    Investment analysts and portfolio managers will benefit from applying the Kelly Criterion for optimized capital growth strategies.

  • Academics and Researchers

    Students and scholars in finance will find comprehensive theoretical insights valuable for their studies and research.

  • Dedicated Investors

    Serious investors seeking maximal returns through strategic capital allocation will gain useful guidance from this book.

Not Suitable For
  • Casual Investors

    Individuals with limited investment experience may find the concepts too complex or not directly applicable to their needs.

  • Short-term Traders

    Traders focusing on quick gains or speculative strategies might not find long-term growth approaches beneficial.

  • General Readers

    Laypersons not interested in finance may struggle to comprehend the advanced concepts and jargon used throughout the book.

Product Description

KELLY CAPITAL GROWTH INVESTMENT CRITERION, THE: THEORY AND PRACTICE (World Scientific Handbook in Financial Economics) Illustrated Edition

Have any Query? Chat with us

Customer Questions & Answers

  • Question: What is the main concept behind the Kelly Capital Growth Investment Criterion?

    Answer: The main concept of the Kelly Capital Growth Investment Criterion is to maximize the long-term growth rate of your capital by determining the optimal bet size in gambling or investment scenarios. By applying mathematical models, this criterion provides a formula that allows investors to identify the ideal proportion of their capital to wager to achieve the highest possible compounded growth. This is useful not only for traditional investments but also for venture capital and stock trading, allowing for a systematic approach to risk management.
  • Question: Who can benefit from reading 'The Kelly Capital Growth Investment Criterion'?

    Answer: 'The Kelly Capital Growth Investment Criterion' is particularly beneficial for investors, financial analysts, traders, and anyone interested in enhancing their investment strategies. The book delves into theoretical underpinnings and practical applications, catering to both novices and seasoned professionals. By understanding Kelly's principles, readers can improve their decision-making processes and make more informed investment choices in both high-risk and traditional markets.
  • Question: What topics are covered in the illustrated edition of this handbook?

    Answer: The illustrated edition comprehensively covers a variety of topics centered around the Kelly Criterion, including its historical context, mathematical foundations, and real-world applications. Moreover, it features illustrative examples and case studies vital for grasping complex concepts. Readers can expect to learn about portfolio management, risk assessment, and optimal betting strategies, all validated through detailed illustrations that simplify understanding of the mechanisms involved.
  • Question: How can the Kelly Criterion be applied in real-world investment scenarios?

    Answer: In real-world investment scenarios, the Kelly Criterion can guide investors in deciding how much capital to allocate to various assets or trades. For example, an investor analyzing a stock's potential can employ the Kelly formula to determine the optimal investment size based on the stock's expected return versus risk. This application helps in constructing balanced portfolios and managing exposure to different investments, ultimately aiming for sustainable capital growth.
  • Question: Is the Kelly Criterion relevant for both beginner and advanced investors?

    Answer: Yes, the Kelly Criterion is relevant for both beginner and advanced investors. Beginners can leverage its principles to develop disciplined investment habits, while advanced investors can refine their strategies for maximum capital growth. The handbook provides foundational and in-depth insights that are adaptable for varying levels of expertise, enabling users to navigate investment complexities responsibly.
  • Question: Can the Kelly Criterion be used for non-financial investments?

    Answer: Certainly, the Kelly Criterion isn't limited to financial investments. It can also be applied to non-financial arenas such as gaming, entrepreneurship, and decision-making in competitive scenarios. The principles of calculating optimal investment sizes can enhance strategic planning in any situation that involves uncertainty and risk, making it a versatile tool across various fields.
  • Question: What are some critical reviews or insights about this handbook?

    Answer: The handbook has received critical acclaim for its clarity and practical insights into investment theory and practices. Readers have praised its well-structured layout, which facilitates comprehension of complex mathematical concepts. Insights from finance professionals highlight the importance of the principles illustrated in real-world application, providing users with valuable frameworks for enhancing their financial acumen.
  • Question: What makes this illustrated edition of the handbook unique?

    Answer: The illustrated edition of 'The Kelly Capital Growth Investment Criterion' stands out due to its visual aids that complement the theoretical content. The use of charts, graphs, and illustrations helps clarify complex mathematical formulas and investment strategies, making the material more engaging and accessible. This combination of visual learning and theoretical education ensures that readers can grasp critical concepts without overwhelming detail.
  • Question: How can I apply the Kelly Criterion to my personal investment strategy?

    Answer: To apply the Kelly Criterion to your personal investment strategy, start by assessing the probabilities and potential returns for the investments you're considering. Use the formula to calculate the optimal percentage of your capital to invest based on these estimates. By integrating this disciplined approach into your strategy, you can manage risk effectively and increase your chances of long-term growth.
  • Question: Where can I buy 'The Kelly Capital Growth Investment Criterion' in Belize?

    Answer: You can buy 'The Kelly Capital Growth Investment Criterion, The: Theory and Practice World Scientific Handbook in Financial Economics Illustrated Edition' from Ubuy. Ubuy offers a vast selection of books, making it a convenient choice for purchasing academic titles and references tailored to financial economics. Their platform provides easy access to this essential handbook for enhancing your investment knowledge.

Game Theory Editorial Review

No editorial reviews found

Customer Reviews & Ratings

4.0
1 customers ratings
  • 5 Star
    0%
  • 4 Star
    100%
  • 3 Star
    0%
  • 2 Star
    0%
  • 1 Star
    0%

Review this product

Share your thoughts with other customers

Platform Trust & Buyer Confidence

trustpilot logo
4.3/5 9,000 + reviews
Read reviews
MT
Mohd
Verified buyer

“The product received very good packaging & safe…Thank You”

16 June 2026 · via Trustpilot
SJ
Shawati
Verified buyer

“Accurate delivery timing given”

16 June 2026 · via Trustpilot
YB
Youcef
Verified buyer

“Not madly expensive like I thought, and much quicker than promised.”

15 June 2026 · via Trustpilot
LM
Leila
Verified buyer

“Never dealt with Ubuy before, but everything worked out great. Seamless cross border purchasing and shipping. Thanks!”

6/7/2026 · via Trustpilot
KA
Kwame
Verified buyer

“The process was smooth, with clear communication and timelines. This was my 1st purchase and I am really impressed. I will definitely be coming back.”

12 June 2026 · via Trustpilot
Secure Checkout Global Delivery Easy Returns Genuine Products

Product Price History

Important information

  • Limitations : For products shipped internationally, please note that any manufacturer warranty may not be valid; manufacturer service options may not be available; product manuals, instructions, and safety warnings may not be in destination country languages; the products (and accompanying materials) may not be designed in accordance with destination country standards, specifications, and labeling requirements; and the products may not conform to destination country voltage and other electrical standards (requiring use of an adapter or converter if appropriate). The recipient is responsible for assuring that the product can be lawfully imported to the destination country. When ordering from Ubuy or its affiliates, the recipient is the importer of record and must comply with all laws and regulations of the destination country.
  • Not all the products listed on Ubuy are for sale, as Ubuy is a global search engine. Products are subject to export/trade regulations.

BZD 90

Order now and get it around Thursday, July 23

QTY:

Secured transactionsecured transaction

PCI DSS compliant and ISO 27001:2022 certified, with encrypted payments and full buyer protection on every order.

Our Top Logistics Partners
  • fedex
  • dhl
Fastest cross-border delivery

Features & Benefits

  • The Kelly capital growth criterion maximizes long-term wealth of investors
  • The log utility function maximizes asymptotic long-run wealth
  • The Kelly bettor tends to have much larger wealth than those with different strategies
  • Fractional Kelly strategies can reduce risk at the cost of lower expected final wealth
  • This volume covers various aspects of the theory and practice of dynamic investing
  • Features discussions on good and bad properties, fixed-mix strategies, and utility theory

Ubuy Assurance

Experience worry-free shopping with 100% original products, PCI DSS-compliant payment security, ISO 27001-certified data protection, the fastest cross-border delivery, free returns *, and secure packaging on every order.