William Poundstone Books
William Poundstone is the author of various nonfiction books, including Are You Smart Enough to Work at Google? and Fortune’s Formula.
Priceless
What's Priceless about?
Priceless (2010) explores the psychological reasons behind the value and price we give to things. Through numerous experiments and case studies in pricing, the author explains how prices influence our purchasing decision and exposes companies that use pricing to increase profit.
Who should read Priceless?
- People curious about pricing their products
- Anyone interested in the psychology of value and price
- Customers interested in reviewing their purchasing decisions
Fortune's Formula
What's Fortune's Formula about?
Fortune's Formula by William Poundstone explores the concept of Kelly criterion, a mathematical formula that helps maximize wealth over time. It delves into the world of gambling, investing, and Wall Street, revealing the hidden principles behind successful money management. Through captivating storytelling and in-depth analysis, the book offers valuable insights into the risky game of chance and the science of probability.
Who should read Fortune's Formula?
- Individuals interested in the intersection of mathematics and finance
- Readers who want to understand the science behind successful gambling and investing
- Those who enjoy exploring unconventional approaches to making money
Labyrinths of Reason
What's Labyrinths of Reason about?
Labyrinths of Reason by William Poundstone explores the intricate and often perplexing world of logic and decision-making. Through engaging examples and thought-provoking analysis, the book delves into topics such as game theory, probability, and cognitive biases, shedding light on the complexities of human reasoning and the challenges we face in making rational choices.
Who should read Labyrinths of Reason?
Individuals who enjoy exploring the complexities of human cognition and decision-making
Readers interested in understanding the limitations and biases of rational thinking
Those who seek to enhance their critical thinking skills and challenge their own beliefs