John Larry Kelly, Jr
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John Larry Kelly, Jr
John Larry Kelly Jr. (December 26, 1923 – March 18, 1965), was an American scientist who worked at Bell Labs. From a "system he'd developed to analyze information transmitted over networks," from Claude Shannon's earlier work on information theory, he is best known for his 1956 work in creating the ''Kelly criterion'' formula. With notable volatility in its sequence of outcomes, the Kelly criterion can be used to estimate what proportion of wealth to risk in a sequence of positive expected value bets to maximize the rate of return."The Man Who Solved the Market", Gregory Zuckerman, 2019 As a substantial warning, the outcome for the Kelly criterion's recommendation on bet-size "relies heavily on the accuracy" of the statistical probabilities given to a gamble's positive expectations. Early life He was born in Corsicana, Texas. He spent four years in the US Navy as a pilot during World War II before entering the University of Texas at Austin. He graduated with a PhD in physics ...
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Corsicana, Texas
Corsicana is a city in Navarro County, Texas, United States. It is located on Interstate 45, 56 miles northeast of Waco, Texas. The population was 23,770 at the 2010 census. It is the county seat of Navarro County, and an important Agri-business center. History Founded in 1848, Corsicana was named by José Antonio Navarro after the Mediterranean island of Corsica, the birthplace of his father. He had died when Navarro and his many siblings were young. The first school opened shortly afterwards in 1849. Women's groups have had a strong role throughout the history of the city. They established the Corsicana Female Literary Institute, a school that operated from 1857 through 1870. The first public library in Corsicana opened in 1901 by effort of the women's clubs of the city. A 1905 library matching gift by Andrew Carnegie gave the library a permanent home and its first full-time, professionally trained librarian. The library today is housed in a dedicated building downtown and ...
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To Be, Or Not To Be
"To be, or not to be" is the opening phrase of a soliloquy given by Prince Hamlet in the so-called "nunnery scene" of William Shakespeare's play ''Hamlet'', Act 3, Scene 1. In the speech, Hamlet contemplates death and suicide, weighing the pain and unfairness of life against the alternative, which might be worse. The opening line is one of the most widely known and quoted lines in modern English literature, and the soliloquy has been referenced in many works of theatre, literature, and music. Hamlet is not alone as he speaks—Ophelia is present, and Claudius and Polonius have concealed themselves. Claudius and Polonius have placed Ophelia in Hamlet's way in order to overhear their conversation and find out if Hamlet is really mad or only pretending. Even so, Hamlet seems to consider himself alone, and there is no indication that the others hear him before he addresses Ophelia. Text This version preserves most of the First Folio text with updated spelling, punctuation, and fi ...
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Elwyn Berlekamp
Elwyn Ralph Berlekamp (September 6, 1940 – April 9, 2019) was a professor of mathematics and computer science at the University of California, Berkeley.Contributors, ''IEEE Transactions on Information Theory'' 42, #3 (May 1996), p. 1048. DO10.1109/TIT.1996.490574Elwyn Berlekamp
listing at the Department of Mathematics, .
Berlekamp was widely known for his work in computer science, and

William Poundstone
William Poundstone is an American author, columnist, and skeptic. He has written a number of books including the ''Big Secrets'' series and a biography of Carl Sagan. Early life and education Poundstone attended MIT and studied physics. Personal life An enthusiast of Harry Stephen Keeler, he maintains the Keeler homepage and contributed to the anthology ''A to Izzard: A Harry Stephen Keeler Companion'' (2002). He is a cousin of comedian Paula Poundstone Paula Poundstone (born December 29, 1959) is an American stand-up comedian, author, actor, interviewer, and commentator. Beginning in the late 1980s, she performed a series of one-hour HBO comedy specials. She provided backstage commentary durin .... Bibliography * * * * * * * * * reprints ''Big Secrets'' and ''Biggest Secrets'' * * * * * * * * Released as ''How to Predict Everything'' in the UK
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Blackjack
Blackjack (formerly Black Jack and Vingt-Un) is a casino banking game. The most widely played casino banking game in the world, it uses decks of 52 cards and descends from a global family of casino banking games known as Twenty-One. This family of card games also includes the British game of Pontoon, the European game, Vingt-et-Un and the Russian game Ochko. Blackjack players do not compete against each other. The game is a comparing card game where each player competes against the dealer. History Blackjack's immediate precursor was the English version of '' twenty-one'' called ''Vingt-Un'', a game of unknown (but likely Spanish) provenance. The first written reference is found in a book by the Spanish author Miguel de Cervantes. Cervantes was a gambler, and the protagonists of his " Rinconete y Cortadillo", from ''Novelas Ejemplares'', are card cheats in Seville. They are proficient at cheating at ''veintiuna'' (Spanish for "twenty-one") and state that the object of the gam ...
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Roulette
Roulette is a casino game named after the French word meaning ''little wheel'' which was likely developed from the Italian game Biribi''.'' In the game, a player may choose to place a bet on a single number, various groupings of numbers, the color red or black, whether the number is odd or even, or if the numbers are high (19–36) or low (1–18). To determine the winning number, a croupier spins a wheel in one direction, then spins a ball in the opposite direction around a tilted circular track running around the outer edge of the wheel. The ball eventually loses momentum, passes through an area of deflectors, and falls onto the wheel and into one of thirty-seven (single-zero, French or European style roulette) or thirty-eight (double-zero, American style roulette) or thirty-nine (triple-zero, "Sands Roulette") colored and numbered pockets on the wheel. The winnings are then paid to anyone who has placed a successful bet. History The first form of roulette was devised in ...
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Edward O
Edward is an English given name A given name (also known as a forename or first name) is the part of a personal name quoted in that identifies a person, potentially with a middle name as well, and differentiates that person from the other members of a group (typically a fa .... It is derived from the Anglo-Saxon name ''Ēadweard'', composed of the elements '' ēad'' "wealth, fortune; prosperous" and ''wikt:weard#Old English, weard'' "guardian, protector”. History The name Edward was very popular in Anglo-Saxon England, but the rule of the House of Normandy, Norman and House of Plantagenet, Plantagenet dynasties had effectively ended its use amongst the upper classes. The popularity of the name was revived when Henry III of England, Henry III named his firstborn son, the future Edward I of England, Edward I, as part of his efforts to promote a cult around Edward the Confessor, for whom Henry had a deep admiration. Variant forms The name has been adopted in the Iberian P ...
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Las Vegas, Nevada
Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Vegas Valley metropolitan area and is the largest city within the greater Mojave Desert. Las Vegas is an internationally renowned major resort city, known primarily for its gambling, shopping, fine dining, entertainment, and nightlife. The Las Vegas Valley as a whole serves as the leading financial, commercial, and cultural center for Nevada. The city bills itself as The Entertainment Capital of the World, and is famous for its luxurious and extremely large casino-hotels together with their associated activities. It is a top three destination in the United States for business conventions and a global leader in the hospitality industry, claiming more AAA Five Diamond hotels than any other city in the world. Today, Las Vegas annually ranks as one ...
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Game Theory
Game theory is the study of mathematical models of strategic interactions among rational agents. Myerson, Roger B. (1991). ''Game Theory: Analysis of Conflict,'' Harvard University Press, p.&nbs1 Chapter-preview links, ppvii–xi It has applications in all fields of social science, as well as in logic, systems science and computer science. Originally, it addressed two-person zero-sum games, in which each participant's gains or losses are exactly balanced by those of other participants. In the 21st century, game theory applies to a wide range of behavioral relations; it is now an umbrella term for the science of logical decision making in humans, animals, as well as computers. Modern game theory began with the idea of mixed-strategy equilibria in two-person zero-sum game and its proof by John von Neumann. Von Neumann's original proof used the Brouwer fixed-point theorem on continuous mappings into compact convex sets, which became a standard method in game theory and mathema ...
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David Bowman (Space Odyssey)
The ''Space Odyssey'' series is a series of science fiction novels by the writer Arthur C. Clarke. Two of the novels have been made into feature films, released in 1968 and 1984 respectively. Two of Clarke's early short stories may also be considered part of the series. Literature Short stories: * " The Sentinel" – short story written in 1948 and first published in 1951 as "Sentinel of Eternity" * "Encounter in the Dawn" – short story first published in 1953 (re-titled "Encounter at Dawn" or "Expedition to Earth" in some later collections) Novels: * '' 2001: A Space Odyssey'' – produced concurrently with the film and released in 1968 * '' 2010: Odyssey Two'' – 1982 novel, adapted as the 1984 film '' 2010: The Year We Make Contact'' with screenplay by Peter Hyams * '' 2061: Odyssey Three'' – 1987 novel * '' 3001: The Final Odyssey'' – 1997 novel Comic books: * '' 2001: A Space Odyssey'' – 1976 oversized Marvel single-issue comic book ...
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HAL 9000
HAL 9000 is a fictional artificial intelligence character and the main antagonist in Arthur C. Clarke's ''Space Odyssey'' series. First appearing in the 1968 film '' 2001: A Space Odyssey'', HAL ( Heuristically programmed ALgorithmic computer) is a sentient artificial general intelligence computer that controls the systems of the '' Discovery One'' spacecraft and interacts with the ship's astronaut crew. While part of HAL's hardware is shown toward the end of the film, he is mostly depicted as a camera lens containing a red or yellow dot, with such units located throughout the ship. HAL 9000 is voiced by Douglas Rain in the two feature film adaptations of the ''Space Odyssey'' series. HAL speaks in a soft, calm voice and a conversational manner, in contrast to the crewmen, David Bowman and Frank Poole. In the film, HAL became operational on 12 January 1992 at the HAL Laboratories in Urbana, Illinois as production number 3. The activation year was 1991 in earlier screenpl ...
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Speech Synthesis
Speech synthesis is the artificial production of human speech. A computer system used for this purpose is called a speech synthesizer, and can be implemented in software or hardware products. A text-to-speech (TTS) system converts normal language text into speech; other systems render symbolic linguistic representations like phonetic transcriptions into speech. The reverse process is speech recognition. Synthesized speech can be created by concatenating pieces of recorded speech that are stored in a database. Systems differ in the size of the stored speech units; a system that stores phones or diphones provides the largest output range, but may lack clarity. For specific usage domains, the storage of entire words or sentences allows for high-quality output. Alternatively, a synthesizer can incorporate a model of the vocal tract and other human voice characteristics to create a completely "synthetic" voice output. The quality of a speech synthesizer is judged by its similarity to ...
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