A Man For All Markets
A New York Times bestseller
Card-counting mathematics professor – Tech inventor – Hedge fund heavyweight – Bestselling author – a scarcely imaginable tale of ludicrous success.
Edward O. Thorp rose up from nothing to become a professor at MIT, invented card counting and proceeded to beat the dealers of Las Vegas at blackjack, roulette and baccarat. Having brushed shoulders with casino mobsters and survived, he shared his secrets with the world, launching a gambling renaissance. His next stop was Wall Street, where he used statistical techniques to identify and exploit pricing anomalies in the securities markets, ushering in a stock market revolution and becoming the first of the great quantitative investors. In a remarkable career, Thorp attracted the attention of the legendary Warren Buffet, detected the Bernie Madoff scheme, invented the world’s first wearable computer and amassed a significant personal fortune.
Now Thorp shares his incredible life story for the first time, revealing how he made his money and giving advice to the next generation of investors. An intellectual thrill ride, replete with practical wisdom, a Man for All Markets reveals the power of logic in a seemingly irrational world.