A Man for All Markets: From Las Vegas to Wall Road, How I Beat the Seller and the Market
$8.99
Value: $8.99
(as of Aug 09,2023 05:35:30 UTC – Particulars)
The unbelievable true story of the card-counting arithmetic professor who taught the world the best way to beat the vendor and, as the primary of the nice quantitative buyers, ushered in a revolution on Wall Road.
A toddler of the Nice Despair, legendary mathematician Edward O. Thorp invented card counting, proving the seemingly unimaginable: that you could possibly beat the vendor on the blackjack desk. Consequently he launched a playing renaissance. His exceptional success – and mathematically unassailable technique – brought about such an uproar that casinos altered the foundations of the sport to thwart him and the legions he impressed. They barred him from their premises, even put his life in jeopardy. Nonetheless, playing was ceaselessly modified.
Thereafter, Thorp shifted his sights to “the most important on line casino on the planet”: Wall Road. Devising after which deploying mathematical formulation to beat the market, Thorp ushered within the period of quantitative finance we stay in right this moment. Alongside the way in which, the so-called godfather of the quants performed bridge with Warren Buffett, crossed swords with a younger Rudy Giuliani, detected the Bernie Madoff scheme, and, to beat the sport of roulette, invented, with Claude Shannon, the world’s first wearable pc.
Right here, for the primary time, Thorp tells the story of what he did, how he did it, his passions and motivations, and the curiosity that has all the time pushed him to ignore standard knowledge and devise game-changing options to seemingly insoluble issues. An mental thrill experience, replete with sensible knowledge that may information us all in unsure monetary waters, A Man for All Markets is an prompt traditional – a guide that challenges its readers to suppose logically a few seemingly irrational world.
PLEASE NOTE: Once you buy this title, the accompanying PDF can be out there in your Audible Library together with the audio.
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