The Kelly Capital Growth Investment Criterion

In 'The Kelly Capital Growth Investment Criterion', Leonard C. MacLean, Edward O. Thorp, and William T. Ziemba unveil a revolutionary investment strategy that maximizes capital growth and minimizes risk. Their insightful analysis combines mathematical rigor with practical investment principles, making it an essential read for serious investors. Discover how the Kelly criterion can transform your approach to betting and stock market investments alike. This book not only challenges conventional wisdom but also provides a blueprint for attaining financial success. Are you ready to rethink your investment strategies and harness the power of growth?

By Leonard C. MacLean, Edward O. Thorp, William T. Ziemba

Published: 2012

The Kelly Capital Growth Investment CriterionBook binding

Start Listening

0:000:00
Mike & Casey Show Logo

The Mike & Casey Show

Dive into captivating book discussions with our expert hosts

You might also like →

The Intelligent InvestorBook binding

The Intelligent Investor

Benjamin Graham

Women & Money (Revised and Updated)Book binding

Women & Money (Revised and Updated)

Suze Orman

The Latte FactorBook binding

The Latte Factor

David Bach, John David Mann

Save More TomorrowBook binding

Save More Tomorrow

Shlomo Benartzi

Automatic WealthBook binding

Automatic Wealth

Michael Masterson

The Total Money Makeover WorkbookBook binding

The Total Money Makeover Workbook

Dave Ramsey

Everyday MillionairesBook binding

Everyday Millionaires

Chris Hogan

The Little Book of Behavioral InvestingBook binding

The Little Book of Behavioral Investing

James Montier

Multiple Streams of IncomeBook binding

Multiple Streams of Income

Robert G. Allen

The Millionaire FastlaneBook binding

The Millionaire Fastlane

MJ DeMarco

The Simple Path to WealthBook binding

The Simple Path to Wealth

Jl Collins

Financial FreedomBook binding

Financial Freedom

Grant Sabatier

Your Money or Your LifeBook binding

Your Money or Your Life

Vicki Robin, Joe Dominguez

Black EdgeBook binding

Black Edge

Sheelah Kolhatkar

Security Analysis: The Classic 1934 EditionBook binding

Security Analysis: The Classic 1934 Edition

Benjamin Graham, David Le Fevre Dodd

The Little Book of Common Sense InvestingBook binding

The Little Book of Common Sense Investing

John C. Bogle

A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Ninth Edition)Book binding

A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Ninth Edition)

Burton G. Malkiel

The Code BreakerBook binding

The Code Breaker

Walter Isaacson

Margin of SafetyBook binding

Margin of Safety

Seth A. Klarman

Red NoticeBook binding

Red Notice

Bill Browder

Alpha GirlsBook binding

Alpha Girls

Julian Guthrie

100 Minds That Made the MarketBook binding

100 Minds That Made the Market

Kenneth L. Fisher

A Step-By-Step Guide to Building Wealth from $1Book binding

A Step-By-Step Guide to Building Wealth from $1

John D Saunders

Book Collections you might like →

Bill Ackman's Book Recommendations

Bill Ackman's Book Recommendations

Bill Ackman is an American hedge fund manager and founder of Pershing Square Capital Management, known for his activist investing style. Ackman has been involved in high-profile investment battles, including his campaigns against companies like Herbalife and his successful turnaround of companies like Canadian Pacific Railway. He is known for taking bold, contrarian positions and for his ability to influence corporate governance through shareholder activism. Ackman’s investing philosophy focuses on long-term value creation, and he has become one of the most recognized figures in the finance world.

View Collection
Andrew Lokenauth's Book Recommendations

Andrew Lokenauth's Book Recommendations

Andrew Lokenauth is a distinguished author and financial expert known for his insightful contributions to personal finance and investment literature. With a career spanning over a decade, he has written extensively on topics such as wealth management, financial planning, and market analysis. Lokenauth's works are celebrated for their clarity and practical advice, making complex financial concepts accessible to a broad audience. He has been featured in numerous financial publications and has established himself as a trusted voice in the industry. Beyond his writing, Lokenauth is also a sought-after speaker, sharing his expertise at various seminars and workshops.

View Collection
Morgan Housel's Book Recommendations

Morgan Housel's Book Recommendations

Morgan Housel is a financial writer and partner at The Collaborative Fund, best known for his book The Psychology of Money. His work explores the behavioral side of finance, emphasizing how emotions, history, and decision-making impact wealth-building. Housel’s writing is widely praised for being accessible, insightful, and engaging, making complex financial topics easier to understand. He contributes regularly to financial publications and speaks at conferences on the power of long-term thinking in finance. His book has become a modern classic in the personal finance genre.

View Collection
Nassim Nicholas Taleb's Book Recommendations

Nassim Nicholas Taleb's Book Recommendations

Nassim Nicholas Taleb is a Lebanese-American author, scholar, and risk analyst, best known for his work on uncertainty, probability, and risk. His books, including The Black Swan and Antifragile, explore how rare and unpredictable events shape the world and how individuals and systems can become more resilient to shocks. Taleb’s insights on risk management have influenced fields ranging from finance to medicine, and he is known for his outspoken criticism of conventional wisdom. His ideas about randomness, decision-making, and the limitations of human knowledge have made him a leading thinker in modern economics and philosophy.

View Collection
Robert Kiyosaki's Book Recommendations

Robert Kiyosaki's Book Recommendations

Robert Kiyosaki is the author of the bestselling personal finance book Rich Dad Poor Dad, which challenges conventional wisdom on wealth building and financial literacy. He is a self-made entrepreneur and investor who emphasizes the importance of financial education and investing in assets that generate passive income. His Rich Dad brand has expanded to include books, seminars, and a board game that teaches financial principles. Kiyosaki advocates for self-reliance and encourages individuals to break free from the traditional “employee mindset.” He continues to teach people how to achieve financial independence.

View Collection
Nat Eliason's Book Recommendations

Nat Eliason's Book Recommendations

Nat Eliason is an influential writer, entrepreneur, and educator known for his insightful work on personal growth, productivity, and digital marketing. He founded Growth Machine, a successful SEO and content marketing agency that has helped numerous companies expand their online presence. Eliason's thought-provoking articles on his blog cover a wide range of topics, from philosophy to health, attracting a large and engaged audience. Additionally, he authored "Effortless Output with Roam," a comprehensive guide on using the Roam Research tool for knowledge management. Through his diverse contributions, Eliason has established himself as a significant voice in the realms of self-improvement and digital strategy.

View Collection
Graham Stephan's Book Recommendations

Graham Stephan's Book Recommendations

Graham Stephan is a prominent real estate investor, YouTuber, and personal finance guru known for his insightful content on financial independence and investment strategies. He began his career in real estate at the age of 18 and quickly rose to prominence, amassing a multi-million-dollar portfolio. Stephan's YouTube channel, which boasts millions of subscribers, offers accessible and practical advice on budgeting, saving, and investing, earning him widespread acclaim and a dedicated following. In addition to his online presence, he has been featured in numerous high-profile publications and media outlets, solidifying his status as an influential figure in personal finance education. Through his work, Stephan has empowered countless individuals to take control of their finances and pursue financial freedom.

View Collection
Andrew Wilkinson's Book Recommendations

Andrew Wilkinson's Book Recommendations

Andrew Wilkinson is a distinguished author and entrepreneur, best known for his insightful business writings and contributions to the tech industry. He co-founded MetaLab, a prominent design agency that has shaped the user experience of major platforms like Slack and Coinbase. Wilkinson's entrepreneurial journey and his publications provide valuable perspectives on startup culture, innovation, and leadership. His writing, often featured in leading business magazines and his personal blog, has garnered a wide readership for its practical advice and engaging storytelling. Andrew continues to influence both literature and the business world with his unique blend of creativity and strategic thinking.

View Collection
James Clear's Book Recommendations

James Clear's Book Recommendations

James Clear is the author of the bestselling book Atomic Habits, which focuses on the power of small habits and incremental improvements to achieve significant personal and professional growth. Clear’s writing blends insights from psychology, neuroscience, and productivity to provide practical strategies for building better habits. His work has helped millions of people create positive changes in their lives by focusing on the process rather than the outcome. James’s clear, actionable advice has made him a sought-after speaker and thought leader in the field of personal development.

View Collection
Graham Duncan's Book Recommendations

Graham Duncan's Book Recommendations

Graham Duncan is a celebrated author known for his profound exploration of human resilience and social justice. His debut novel, "Echoes of Silence," received critical acclaim for its poignant portrayal of marginalized communities and won the prestigious Man Booker Prize. Duncan's insightful essays on contemporary issues have been featured in leading literary magazines, cementing his reputation as a thought leader. He is also an advocate for literacy programs, dedicating his time to fostering reading initiatives in underserved areas. Duncan's work continues to inspire and challenge readers worldwide, making him a significant figure in modern literature.

View Collection
The Barefoot Investor's Book Recommendations

The Barefoot Investor's Book Recommendations

Scott Pape, known as The Barefoot Investor, is an Australian financial advisor and author, best known for his best-selling book The Barefoot Investor: The Only Money Guide You’ll Ever Need. Pape’s simple, no-nonsense approach to personal finance has helped millions of Australians get out of debt, build savings, and invest for the future. His advice is based on practical, straightforward strategies that focus on budgeting, long-term investments, and financial independence. Pape’s work as a financial educator has made him one of the most trusted voices in personal finance, and his book has become one of the most successful financial guides in Australia.

View Collection
Jason Calacanis's Book Recommendations

Jason Calacanis's Book Recommendations

Jason Calacanis is an influential American entrepreneur, angel investor, and author, best known for his early investments in companies like Uber and Robinhood. He co-founded the influential media company Weblogs, Inc., which was acquired by AOL in 2005. Calacanis authored the book "Angel: How to Invest in Technology Startups," providing valuable insights into the world of angel investing. He also hosts the popular podcast "This Week in Startups," where he interviews prominent figures in the tech industry. Calacanis is widely recognized for his impactful contributions to tech entrepreneurship and investment literature.

View Collection

Frequently Asked Questions