From: Anders Sandberg <asa@nada.kth.se>
>>Brian D Williams <talon57@well.com> writes:
>> "How a band of Maverick Physicists used Chaos theory to trade
>>their way to a fortune on Wall Street."
>>
>> By Thomas A. Bass
>So they did earn money on windows of predictability?
This appears to be part of it.
I've only just started this book, but I can hardly put it down, it's packed with usefull heuristics (venture capitalists expect a tenfold return, 4-1 is a normal founder/worker equity ratio for a startup, 10% of salaries for bonuses etc) and where the real money and power are. (Hint: it's not Wall Street and the NYSE)
Not only all that, but it's a swell read....
I'd say must reading for Extropians investors and budding SI's.
Brian
Member, Extropy Institute, www.extropy.org
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