A Man for All Markets
Review A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market
by EDWARD O. THORP
Description
A Man For All Markets is a hit classic. Edward Thorp wrote his own story to a compelling narrative that told his struggles in finances. His storytelling is peppered with practical wisdom and incredible solutions to his adversities. Thorp’s writing is a challenge to his readers to use logical thinking in a world reigned by irrational circumstances.
The Great Mathematician, Thorp himself, battled it against the odds since his childhood during the Great Depression era. This book is a celebration of a person’s defiance against the insurmountable financial challenges. Traders, investors, and finance enthusiasts will surely get a thing or two from this tell-all tale from Thorp.
About the Author
Edward Thorp was first known by his writing, Beat the Dealer in 1962. He is known to be one of the best hedge fund managers in the world. He is also known for being the inventor of the first wearable computer. He taught Mathematics from 1965-1977 and Mathematics and Finance from 1977-1982 at the University of California.
Table of Contents
The book contains the following chapters:
Chapter 1: LOVING TO LEARN
Chapter 2: SCIENCE IS MY PLAYGROUND
Chapter 3: PHYSICS AND MATHEMATICS
Chapter 4: LAS VEGAS
Chapter 5: CONQUERING BLACKJACK
Chapter 6: THE DAY OF THE LAMB
Chapter 7: CARD COUNTING FOR EVERYONE
Chapter 8: PLAYERS VERSUS CASINOS
Chapter 9: A COMPUTER THAT PREDICTS ROULETTE
Chapter 10: AN EDGE AT OTHER GAMBLING GAMES
Chapter 11: WALL STREET: THE GREATEST CASINO ON EARTH
Chapter 12: BRIDGE WITH BUFFETT
Chapter 13: GOING INTO PARTNERSHIP
Chapter 14: FRONT-RUNNING THE QUANTITATIVE REVOLUTION
Chapter 15: RISE
Chapter 16: . . . AND FALL
Chapter 17: PERIOD OF ADJUSTMENT
Chapter 18: SWINDLES AND HAZARDS
Chapter 19: BUYING LOW, SELLING HIGH
Chapter 20: BACKING THE TRUCK UP TO THE BANKS
Chapter 21: ONE LAST PUFF
Chapter 22: HEDGING YOUR BETS
Chapter 23: HOW RICH IS RICH?
Chapter 24: COMPOUND GROWTH: THE EIGHTH WONDER OF THE WORLD
Chapter 25: BEAT MOST INVESTORS BY INDEXING
Chapter 26: CAN YOU BEAT THE MARKET? SHOULD YOU TRY?
Chapter 27: ASSET ALLOCATION AND WEALTH MANAGEMENT
Chapter 28: GIVING BACK
Chapter 29: FINANCIAL CRISES: LESSONS NOT LEARNED
Chapter 30: THOUGHTS