The Science of Information: From Language to Black Holes Season 1 Episode 18 Horse Races and Stock Markets
- TV-PG
- December 11, 2015
- 31 min
One of Claude Shannon's colleagues at Bell Labs was the brilliant scientist and brash Texan John Kelly. Explore Kelly's insight that information is the advantage we have in betting on possible alternatives. Apply his celebrated log-optimal strategy to horse racing and stock trading.