A Man for All Markets, From Las Vegas to Wall Street – Edward O. Thorp

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Summary

• Archive: The incredible true story of the card-counting mathematics professor who taught the world how to beat the dealer and, as the first of the great quantitative investors, ushered in a revolution on Wall Street.A child of the Great Depression, legendary mathematician Edward O. Thorp invented card counting, proving the seemingly impossible: that you could beat the dealer at the blackjack table.

• As a result he launched a gambling renaissance.

• His remarkable success—and mathematically unassailable method—caused such an uproar that casinos altered the rules of the game to thwart him and the legions he inspired.

• They barred him from their premises, even put his life in jeopardy.

• Nonetheless, gambling was forever changed.Thereafter, Thorp shifted his sights to “the biggest casino in the world”: Wall Street.