A Man for All Markets: How Thorp Beat the Market

During the Great Depression, Edward O. Thorp, a renowned mathematician, revolutionized gambling by developing card counting techniques that allowed players to outsmart blackjack dealers. This groundbreaking strategy sparked a gambling revolution, challenging the belief that the house always wins. Thorp's incredible achievements and foolproof methods caused a stir in the industry, prompting casinos to change their rules in an attempt to thwart him and his followers. Despite facing bans and even threats to his life, Thorp's impact on the gambling world was undeniable, forever altering the landscape of casinos.

After conquering the world of gambling, Thorp set his sights on a new challenge - Wall Street, the largest online casino in the world. By developing mathematical formulas to outsmart the market, he paved the way for today's era of quantitative finance. Along the way, this man of seemingly endless talents rubbed shoulders with Warren Buffett over bridge, crossed paths with a young Rudy Giuliani, uncovered the Bernie Madoff scandal, and even teamed up with Claude Shannon to create the world's first wearable computer in order to master the game of roulette.

Discover the untold journey of Thorp as he reveals his groundbreaking strategies and insights that have allowed him to outsmart the unpredictable financial markets. In "A Man for All Markets," Thorp shares his unconventional approach that challenges conventional wisdom, offering readers a thrilling intellectual adventure filled with practical wisdom. Dive into this instant classic that provokes logical thinking in a seemingly irrational world.

Reward for A Man for All Markets

“In
A Man for All Markets , [Thorp] delightfully recounts his progress (if that’s the phrase) from faculty instructor to gambler to hedge-fund supervisor. Alongside the way in which we be taught essential classes in regards to the functioning of markets and the logic of funding.”
— The Wall Avenue Journal

“[Thorp] offers a organic summation (suppose Richard Feynman’s
Absolutely You’re Joking, Mr. Feynman! ) of his quest to show the aphorism ‘the home all the time wins’ is flawed. . . . Illuminating for the mathematically inclined, and cautionary for would-be gamblers and day merchants”
—


Library Journal