Dr. Thorpe's Innovations in Gambling and Finance

The chapter delves into Dr. Thorpe's pioneering techniques in card counting for blackjack, successful trading strategies, and his invention of a wearable computer to predict roulette outcomes, emphasizing his significant influence on gambling tactics and financial markets.

Play episode from 02:15

chevron_right

Transcript

chevron_right

Transcript

Episode notes

IN THIS EPISODE, YOU’LL LEARN:

How to beat Blackjack from the person that literally wrote the book on it.
How you should size your positions in the market.
Why Ed Thorp made 20% annually on his portfolio over 30 years.
Why Ed Thorp suddenly found himself playing bridge with Buffett.
How to look young when you are 84 (seriously!).

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Ed Thorp’s book, A Man for all Markets – Read reviews of this book.
Ed Thorp’s book, Beat the Dealer – Read reviews of this book.
Daniel Gardner’s book, Superforecasting – Read reviews of this book.
Paul Cootner’s book, The random character of stock prices – Read reviews of this book.
Preston and Stig’s episode with Jack Schwager about Ed Thorpe.

NEW TO THE SHOW?

Check out our We Study Billionaires Starter Packs.
Browse through all our episodes (complete with transcripts) here.
Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Enjoy exclusive perks from our favorite Apps and Services.
Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
Learn how to better start, manage, and grow your business with the best business podcasts.

SPONSORS

Support our free podcast by supporting our sponsors:

HardBlock
Human Rights Foundation
Plus500
Netsuite
Shopify
Vanta

HELP US OUT!

Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app

Home Top podcasts Popular guests Top books