A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market

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Luckily the last 3 chapters are exactly what I need: oh yeah more of that hatred toward bankers and crooked politicians please. Edward Oakley "Ed" Thorp (born 14 August 1932) is an American mathematics professor, author, hedge fund manager, and blackjack player best known as the "father of the wearable computer" after inventing the world's first wearable computer in 1961. He does place blame on the government and SEC in other places, but I feel it's She had a hard time deciding whether her son was stubborn and badly behaved or was really as unaware as he claimed.

A Man for All Markets: Beating the Odds, from Las Vegas to A Man for All Markets: Beating the Odds, from Las Vegas to

Edward was one of the world’s best blackjack players and investors, and his hedge funds were profitable every year for 29 years. In our basement back home my father built racks for the rubber-sealed mason jars of corn, peaches, and apricots that we brought back. It was also refreshing to see the life balance mentioned explicitly as I think so many book glamorize the intense work dedication and ignore the often detrimental effects on home life. Having made enough money to last him and his wife comfortably for the rest of their lives, he retired to spend time with his family, traveling, and enjoying life. This also creates the impression of a person ignorant of his basic flaws and incapable of providing a balanced view of the failures.

This book is in part the gripping story of how one man's genius and dedication has solved so many problems in diverse fields. I liked that he spent the first part of his book laying down how his core values and how he perceives the world. His account of these activities is often hilarious; I am reminded strongly of Richard Feynman, who was, incidentally, a friend of his. And the best place to have bought and hold equities has been the US for the last couple of hundred years. The authors have created a sort of anti-Book of Virtues in this encyclopedic compendium of the ways and means of power.

A Man for All Markets by Edward O. Thorp | Waterstones A Man for All Markets by Edward O. Thorp | Waterstones

He completed a year and a half before he had to leave for lack of funds, but his hunger and respect for education endured and he instilled them in me, along with his unspoken hope that I would achieve more.

Following up on his success at twenty-one, Thorp, along with Claude Shannon, designed and built a mechanical and electrical device that allowed them to gain an advantage in roulette by predicting with some proficiency approximately where the bouncing ball would end up. He starts with detailed life account from the early beginnings of life in poverty through to present day.

A Man for All Markets - Stanford University - OverDrive A Man for All Markets - Stanford University - OverDrive

Edward O Thorp is the New York Times bestselling author of Beat the Dealer and a former professor of mathematics at MIT, UCLA and the University of California, Irvine. As a physicist and mathematician, he tackled the questions of roulette wheels and blackjack games in a scientific way and found that it was possible to beat the house.A stranger chatting with my father took the volume I was holding, written at the tenth-grade level, thumbed through it, then told my father, “That kid can’t read this book. Now he shares his incredible life story for the first time, revealing how he made his fortune and giving advice to the next generation of investors. For instance, listening to the business news on the way to my office one morning, I heard the reporter say, “The Dow Jones Industrial Average [DJIA] is down 9 points to 11,075 on fears of a further interest rate rise to quell an overheated economy.