Top products from r/nonfictionbooks

We found 6 product mentions on r/nonfictionbooks. We ranked the 4 resulting products by number of redditors who mentioned them. Here are the top 20.

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Top comments that mention products on r/nonfictionbooks:

u/checkdigit15 · 1 pointr/nonfictionbooks

I can think of two that I've read that are good stories in addition to being informative.

Fortune's Formula by William Poundstone

This is a good book that talks about a system (a money-management method called the Kelly Criterion) that has roots in information theory and applications to stock market investing as well.

Here's a snippet of a review:
"Fortune's Formula is a fascinating study of the connections between such seemingly unrelated topics as gambling, information theory, stock investing, and applied mathematics. The story involves the stunning brainpower of men such as MIT professor Claude Shannon, who single-handedly invented information theory, the science behind the Internet and all digital media; Ed Thorpe; and John Kelly of Bell Laboratories, who developed the "Kelly criterion," a now-legendary investment strategy for maximizing growth while controlling risk. Initially, Shannon and Thorpe took Kelly's theory to Las Vegas and applied it to roulette and blackjack. Later, they took it to Wall Street and cleaned up--Shannon made a personal fortune while Thorpe created the highly successful hedge firm Princeton-Newport Partners. They both discovered that Kelly's system was particularly effective when applied to arbitrage (minute price differences that result from market inefficiencies). As Poundstone ably demonstrates, the merits of Kelly's criterion are still hotly debated today."

http://www.amazon.co.uk/Fortunes-Formula-Scientific-Betting-Casinos/dp/0809045990/

I also second the recommendation of /u/AndrewRichmo of "21" (originally published under the title "Bringing Down the House")

Hope this helps.

u/Irrwurzel · 2 pointsr/nonfictionbooks

not sure if its that what you are looking for, but a teacher in university did recommend this book last semester. I looked already a bit in and it seems to be interesting. Its about central banking in western countries from Middle Ages til now. : https://www.amazon.com/Evolution-Central-Banking-Palgrave-Economic/dp/1137485248

u/rickmuscles · 3 pointsr/nonfictionbooks

This book is about the history of banking in Europe- https://www.amazon.com/Richest-Man-Who-Ever-Lived/dp/1451688563

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It's about Jacob Fugger and how he took capitalism and book keeping to another level.