Portfolio Management Formulas book cover by Ralph Vince
Book

Portfolio Management Formulas

Mathematical Trading Methods for the Futures, Options, and Stock Markets

Ralph Vince

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Portfolio Management Formulas is Ralph Vince's early book on how bet size changes the path of an account. ChartClub lists the January 1991 Wiley hardcover. A formula for an optimal fraction is not the size of the next order.

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Listing facts checked 2026-10-10.

Author
Ralph Vince
Audience
Advanced
Publisher
Wiley
Year
1991
Pages
288

Key takeaways

  • Optimal-fraction math is not a practical order size.
  • This 1991 hardcover is a different book from The Mathematics of Money Management.
The US Wiley page lists the hardcover as ISBN 9780471527565, January 1991, 288 pages. The stored cover is the file for that ISBN. This is an earlier book than The Mathematics of Money Management, which ChartClub already lists. The two records stay separate. Vince's math shows how aggressive sizing can raise a theoretical growth rate and also the chance of a deep drawdown. The sample of trades has to look like the future for the fraction to mean what the formula says. It usually does not. Use the book to see why size matters. Do not copy a calculated fraction onto a live position.

Tags

  • risk
  • money-management

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