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

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Wondering what “a little bit” meant, I squeezed an egg very slowly until it cracked, then practiced squeezing another, stopping just before it would crack, to see exactly how far I could go. A Man for All Markets chronicles Thorp's personal journey in navigating the unexpected and sometimes dangerous obstacles that come along with challenging the status quo of a wealthy corporate adversary. For instance, for a couple of years I thought misled (miss-LED) was pronounced MYE-zzled, and for years afterward when I saw the word in print I would hesitate for a beat as I mentally corrected my pronunciation.

A Man for All Markets: From Las Vegas to Wall Street, H…

He also had a steel cable tied between two tree stumps and walked along it, encouraging me to learn with the aid of a balance bar.The defendants, in addition to Jay Regan, were our head trader, head convertible trader, the CFO and his assistant, and a Drexel Burnham convertible trader. He enjoyed the first part of the test, then decided he had better things to do and drew a line down "true" for the last set of true/false questions. Between the ages of three and five I learned to add, subtract, multiply, and divide numbers of any size.

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

It’s fascinating to see how he develops theories and then translates them into a way to make money in fast-moving markets.

com but would like to access our articles, and perhaps even join the Inner Circle, then your first step is to register as an ordinary member here. The author's youthfulness helps to assure the inevitable comparison with the Anne Frank diary although over and above the. Thorp actually discovered in 1991 that Bernie Madoff’s trades were fakes and that he was running a Ponzi scheme.

A Man for All Markets - Google Books A Man for All Markets - Google Books

Here, for the first time, Thorp tells the story of what he did, how he did it, his passions and motivations, and the curiosity that has always driven him to disregard conventional wisdom and devise game-changing solutions to seemingly insoluble problems. His account of these activities is often hilarious; I am reminded strongly of Richard Feynman, who was, incidentally, a friend of his. I had always figured that Thorp continued in the gambling world like math experts David Sklansky and Chris Ferguson.Most of the book was autobiographical rambling filled with uninteresting anecdotes about how this math guru put his skill to work finding minuscule edges through money making schemes, whether it was casino gambling or quant-style hedge fund trading. To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Livingstone, I presume,” and I discussed the splendor of the Victoria Falls on the Zambezi River with my father, who assured me (correctly) that they far surpassed our own Niagara Falls.