I recently finished an interesting book: Calculated Bets – Computers, Gambling, and Mathematical Modeling to Win by Steven Skiena is a very interesting look at (does the title give you a clue?) managing money in the face of uncertainty. Gambling and the financial markets have a good deal of similarity when trying to decide what to do with your money, so as an exercise of cross-pollination I picked up this book. Dr. Skiena tells the story (and it is a narrative, rather than a text book) of his interest in Jai-Alai, a process for automatically betting on Jai-Alai matches and how to manage your bets. It is a quick read – check it out if you have a free afternoon.