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'The Predictors' by Thomas A. Bass.

Started by flukey luke, Nov 14, 06:37 PM 2010

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flukey luke

Bass wrote the book "The Eudamonic Pie' about how a group of guys tried to build a roulette computer to take on the casinos.
His latest book 'The Predictors' looks interesting as well.

This explains a little about it.

In 1991, physicists Doyne Farmer, Norman Packard, and Jim McGill established the Prediction Company in Santa Fe, NM, intending to use their knowledge of chaos theory (the study of complex systems) to develop predictive models and automated black-box systems for beating financial markets worldwide. That they succeeded is only part of the story, the more interesting part of this tale being its human side. In Wired contributor Bass's account, we see the primary characters deal with a broad array of charlatans and geniuses, learn from their successes and failures, grow to appreciate the problems inherent in traditional economic theory, and become adept businessmen and managers. Useful as a primer in chaos theory as well as the various challenges that face start-up firms and the complexity of financial markets,

You maybe asking what this has to do with roulette.  ???  These are the kind of things that can get you thinking outside the box and be creative.  :thumbsup:

chrisbis

All for thinking outside the box Luke- doing it all the time these days.
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Anyone got spare key to get back in with, its gets quite cold during
the night when the BR has run out of parafin?? :question:

flukey luke

Chris, don't be hanging around outside too long, you never know who might be lurking about.

[attachimg=#]

:D :D :D


chrisbis

Love it.....................I must have him.

Bet you spent, ooh, minutes hunting for that for me didn't U!!

Brilliant.

tell me where from, and I'll have him as my avatar.

is there anyone in here who is talented enough to animate him for me??

VLS

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