Use "entropy" and you can never lose a debate, von Neumann told Shannon - because no one really knows what "entropy" is.
William PoundstoneSamuelson, however, hedged his personal bets - by putting some of his own money in Berkshire Hathaway.
William PoundstoneSamuelson spotted a mistake in Bacheliers work. Bachelier's model had failed to consider that stock prices cannot fall below zero.
William Poundstone