Edward O Thorp worked his way up from nothing to become a professor at MIT. Using one of their early computers for his calculations, he invented card counting, making huge winnings at blackjack, roulette and baccarat in Las Vegas and brushing shoulders with mobsters along the way.
Thorp then moved on to Wall Street, where he began a hugely successful career in the stock market, attracting the attention of global investors such as Warren Buffett. Using mathematics to find and exploit pricing anomalies, he built a significant fortune, later becoming known as 'The Godfather of Quants'.
For the first time, Thorp shares his incredible life story, explaining how he made his money and giving advice to the next generation of investors.
‘An amazing book by a true icon; Thorp launched revolutions in Vegas and on Wall Street by turning math into magic, and here he weaves his own life lessons into a page turner as hot as a deck full of aces. Loved it!'
‘The gripping story of how one man's genius and dedication has solved so many problems in diverse fields…There is nothing more important than knowing how to think clearly. Read this book and learn from a master.'
‘Whether you are an aspiring professional player, a casual gambler, or an occasional visitor to Las Vegas, you can feel the impact of Professor Ed Thorp's intellect on that desert city. In 1962, Thorp published the classic book Beat the Dealer. The text was based on Thorp's original research that stemmed from his curiosity about the game of 21, and was billed as a "how to book” for the lay person to beat the casinos at blackjack. And simply stated it changed everything…The book chronicles Thorp's heroic-like arc from his humble beginnings growing up in a family that struggled to get by - first in the cold winters of Chicago and later in the sun soaked cities of southern California, where he excelled in a variety of high school science courses and ultimately earned a scholarship for his exceptional talents in physics - on through his professional career as a gaming guru, and ultimately to his amazing success in a stock market-centered career, where he would take his knowledge and understanding of games of chance and apply it to the biggest casino in the world, Wall Street…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.'