The House Advantage: Playing the Odds to Win Big In Business
| Author | : | |
| Rating | : | 4.76 (712 Votes) |
| Asin | : | 0230622720 |
| Format Type | : | paperback |
| Number of Pages | : | 272 Pages |
| Publish Date | : | 2015-02-25 |
| Language | : | English |
DESCRIPTION:
It's a spirited—if simplified—approach to decision making. From Publishers Weekly Ma, the math whiz and subject of Ben Mezrich's bestselling Bringing Down the House, turns his savvy to business. He instructs leaders to recall that past performance, like a dealt blackjack hand, has an impact on the future; to avoid groupthink and a hot hand, or overconfidence, at all costs; and to prioritize what the data says. (July)Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved. A former professional card counter on the MIT blackjack team, Ma used statistics to
Ma's stories and business lessons are as intriguing as they are universally applicable.. The House Advantage reveals Ma's cutting-edge mathematical insights into the world of statistics and makes them applicable to a wide business audience. He argues that numbers are the key to analyzing nearly everything in the world of business, from how to spot and profit from global market inefficiencies to having multiple backup plans in anticipation of every probability. As part of the notorious MIT Team depicted in Ben Mezrich's now classic Bringing Down the House, Jeff Ma used math and statistics to master the game of blackjack and reap handsome rewards at casinos.
Fantastic write up saleem arif Fantastic write up. Thoroughly analyzed different scenarios, just love it. I have never underlined so many points in any other book before.. "Great Read For All Those Interested In Making Great Decisions" according to Jack Bowen. We're not designed to think unemotionally nor about abstract statistics. But Ma's book shows us that if we do learn to do so, we can achieve something we are designed to pursue--success. This book outlines and explores just how to do that. It's a great read for various demographics: the not-so-business savvy who wants to become so; the "layperson" looking to find ways for making better life-d. chantech said Great Introduction to Non-Results Oriented Thinking. As someone with a very similar background to Ma's (engineering background, entrepreneur funding a company while playing poker professionally, and heavily involved in sports analytics from a predictive standpoint) I found this book to be an an articulation and formalization of concepts that every successful gambler has honed and inherently understands and has a tough time explaining to the gen
He co-founded PROTRADE, a sports stock market website, and consults for professional sports teams including the Portland Trail Blazers and the San Francisco 49ers. He has been the technology lead for two internet startups and was an options trader on the Chicago Board of Options Exchange. He lives in San Francisco, CA.. Jeffrey Ma was a member of the MIT blackjack