Edward Oath Thorpe, Las Vegas, The House discussed on Masters in Business


An extra special guest this week and i am privileged to be sending in his offices in glorious import beach california edward oath thorpe is a legend in finance he is an american mathematics professor author hedge fund manager sure he is the person who essentially figured out how to beat las vegas i credit him with more lesson venting card counting of venture leave is banned him from a ton of a a ton of casinos because he was beating the house and his his first the first book was the dealer and after he did that he figured out ways of beating back a route and came up with a wearable computer and figured out after beat rolette roulette and by that point las vegas and reno wanted nothing to do with him and he took turned his attention cns towards the next challenge similar to gambling and it turned out that was investing in finance and wall street and the book after that became beat the market close edward figured out how to do things in a way that created substantial substantial returns i could talk about his curriculum vitae forever let me just add phd in mathematics taught at mit in new mexico and university california irvine that would floor welcome to bloomberg thank you for hosting us in your office expert supporter to meet you and your i'm thrilled to be here i'm going to start with some quote of yours and just have you respond them and some of these from beat the dealer chan's can be thought of as the cards you're dealt in life choices how you play them that's a pretty deep philosophical perspective tell us how you came to that well if you look back at your own life you probably have a number of.

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