36. How Ed Thorp Went From Beating Casinos at Roulette to Beating Wall Street at Investing

36. How Ed Thorp Went From Beating Casinos at Roulette to Beating Wall Street at Investing
Ed Thorp has a very interesting story. He used his physics and math skills to beat the casinos at blackjack and roulette before transitioning to finance. Then, he started two hedge funds that made record returns for investors. His 2021 net worth was over $800 million dollars – Wow! Check out this episode to learn more about his story.
Special shout out to Aaron Fifield from Chat With Traders podcast for letting me use clips from his interview with Ed. You can check out Aaron’s interview with here:
https://chatwithtraders.com/ep-109-edward-thorp/
Contact me to say hello:
visionwallstreet at gmail.com
Sources:
http://www.fortunesformula.com/ThorpsHedgeFunds.html
https://www.ft.com/content/e7898528-e897-11e6-967b-c88452263daf
Music:
Podcast website:
Wall Street Vision Investing Podcast
Get in touch with Vlad:
Disclaimer:
This podcast is for entertainment purposes only and should not be relied upon as the basis for investment decisions. Before making any decisions, consult a professional. I may maintain positions in the securities discussed on this podcast. This show is copyrighted by the Wall Street Vision, written permission must be granted before syndication or rebroadcasting.