Economics

A Man for All Markets

A Man for All Markets

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  • Create Date：2021-09-03 06:55:28
  • Update Date：2025-09-06
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  • Author：Edward O. Thorp
  • ISBN：1786071975
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Summary

A child of the Great Depression， legendary mathematician Edward O。 Thorp invented card counting， proving the seemingly impossible: that you could beat the dealer at the blackjack table。 As a result he launched a gambling renaissance。 His remarkable success--and mathematically unassailable method--caused such an uproar that casinos altered the rules of the game to thwart him and the legions he inspired。 They barred him from their premises， even put his life in jeopardy。 Nonetheless， gambling was forever changed。

Thereafter， Thorp shifted his sights to "the biggest casino in the world" Wall Street。 Devising and then deploying mathematical formulas to beat the market， Thorp ushered in the era of quantitative finance we live in today。 Along the way， the so-called godfather of the quants played bridge with Warren Buffett， crossed swords with a young Rudy Giuliani， detected the Bernie Madoff scheme， and， to beat the game of roulette， invented， with Claude Shannon， the world's first wearable computer。

Here， for the first time， Thorp tells the story of what he did， how he did it， his passions and motivations， and the curiosity that has always driven him to disregard conventional wisdom and devise game-changing solutions to seemingly insoluble problems。 An intellectual thrill ride， replete with practical wisdom that can guide us all in uncertain financial waters， A Man for All Markets is an instant classic--a book that challenges its readers to think logically about a seemingly irrational world。

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Reviews

David Declercq ，

Very interesting

Farid Hasanov ，

This review has been hidden because it contains spoilers。 To view it， click here。 Very good book， telling us a story of a man constantly going against the common sense - he invented a system， that gave player advantage in a game of blackjack （he used it in baccara later too）， he managed a hedge fund with positive return （even when markets crash！）， all of which he is explaining in details in this book， starting from the very beginning of him receiving Bachelor's in physics and later transitioning into a professor of mathematics。 Very good book， telling us a story of a man constantly going against the common sense - he invented a system， that gave player advantage in a game of blackjack （he used it in baccara later too）， he managed a hedge fund with positive return （even when markets crash！）， all of which he is explaining in details in this book， starting from the very beginning of him receiving Bachelor's in physics and later transitioning into a professor of mathematics。 。。。more

Marius Mocanu ，

Maybe at times is too long and too full of details， but for some might be the nice part。

Marcelo ，

Really enjoyed the book。 I knew about Ed Thorp from Beat the dealer book and also from Bill Benter horse racing betting， but truly a fascinating life story。 Education and his curiosity instinct led him to overcome a disadvantaged childhood。 It’s his applied knowledge that led him to pioneer card counting and the quantitative finance， hedge funds approach to investment。 A remarkable success story

Derrick Monk ，

Pretty good book， although I did not enjoy the story line and how it played out regarding his childhood。 Other than that part， I enjoyed the book and learned a lot from it regarding probability in investing

Avadhoot Joshi ，

This book revolves around 3 phases in the author's life -1。 About his childhood and education 2。 Beat the dealer - developing the strategy to beat the dealer in the game of blackjack and its application。3。 Beat the market - developing hedging strategies and their application in convertibles， commodities， warrants， SPACs， close-ended funds， finally developing market neutral strategy using different factors。 This book revolves around 3 phases in the author's life -1。 About his childhood and education 2。 Beat the dealer - developing the strategy to beat the dealer in the game of blackjack and its application。3。 Beat the market - developing hedging strategies and their application in convertibles， commodities， warrants， SPACs， close-ended funds， finally developing market neutral strategy using different factors。 。。。more

Timojhen ，

Fascinating book。 Interesting person， insightful observations。 Love the “what I’ve learned so far” benefiting from such a long history of being a thoughtful observer。Now to hope some of the recommendations would be heeded。 （Fat chance）

Kevin Whitaker ，

I found a lot of this book self-aggrandizing and boring， except for the parts about beating casino games， which were self-aggrandizing and fascinating。 Thorpe invented the card-counting system made famous in "21"， and his tales of evading the eyes of Las Vegas casinos are riveting and enlightening。 I couldn't get through the rest of it though。 I found a lot of this book self-aggrandizing and boring， except for the parts about beating casino games， which were self-aggrandizing and fascinating。 Thorpe invented the card-counting system made famous in "21"， and his tales of evading the eyes of Las Vegas casinos are riveting and enlightening。 I couldn't get through the rest of it though。 。。。more

Steven ，

An insightful account of Thorp's journey to becoming one of the most successful mathematicians to tackle the stock market。 I found Thorp's collection of investing insights towards the end of the book a nice addition。 An insightful account of Thorp's journey to becoming one of the most successful mathematicians to tackle the stock market。 I found Thorp's collection of investing insights towards the end of the book a nice addition。 。。。more

Ben ，

The book starts with some excellent anecdotes of Thorp working with Claude Shannon。 But it falls apart when Thorp starts talking about how special he is。 I'm still not sure that he has done much other than make a lot of money， but to Thorp his money apparently is proof of his worth。 We're supposed to be impressed by his Ferraris？！ Never mind that a lot of his money was made in collaborations with literal criminals。 Thorp of course declaims any knowledge of their crimes， as if this makes absolves The book starts with some excellent anecdotes of Thorp working with Claude Shannon。 But it falls apart when Thorp starts talking about how special he is。 I'm still not sure that he has done much other than make a lot of money， but to Thorp his money apparently is proof of his worth。 We're supposed to be impressed by his Ferraris？！ Never mind that a lot of his money was made in collaborations with literal criminals。 Thorp of course declaims any knowledge of their crimes， as if this makes absolves him of any responsibility。 （Thorp also discovered Madoff's Ponzi scheme 18 years before it collapsed—of course he did nothing about it。） The book collapses in the second half， when Thorp shares his utterly pedestrian "insights" on financial markets。 If you haven't yet heard of inflation or compound interest， I won't spoil it for you。 > I made a practice of holding back part of [my chemical sample] so that， if this were done to me， I could prove that I had correctly analyzed whatever I had。 On the very last sample given us to evaluate that semester， I was told I got it wrong。 I knew better， and to prove it I asked that the part I had saved be tested。 The decision on my appeal was left to the teaching assistant for my lab sections， who refused to act。 The points I lost caused me to end the term in fourth place rather than first。 Outraged， I did not enroll in chemistry the second semester and changed my major to physics> So this was the setting when Claude Shannon and I， in September 1960， set to work to build a computer to beat roulette。 So far as we knew， everyone else thought physical prediction was impossible。> Claude taught me to juggle three balls， which he did while riding a unicycle。 He also had a steel cable tied between two tree stumps and walked along it， encouraging me to learn with the aid of a balance bar。 He could do any two of the three tricks together: juggle three balls， ride the unicycle， and balance on the tightrope， and his goal was to be able to do all three at once> One day I noticed two huge pieces of Styrofoam that looked as if they could be worn like snowshoes。 Claude said they were water shoes that enabled him to “walketh upon the water，” in this case the Mystic Lake in front of his house> The Princeton office hired him。 The five top people there were indicted and tried on sixty-four charges of stock manipulation， stock parking， tax fraud， mail fraud， and wire fraud。 The defendants， in addition to Jay Regan， were our head trader， head convertible trader， the CFO and his assistant， and a Drexel Burnham convertible trader。 Neither I nor any of the forty or so other partners and employees in the Newport Beach office had any knowledge of the alleged acts in the Princeton office。 We were never implicated in， or charged with， any wrongdoing in this or any other matter。 Our two offices， more than two thousand miles apart， had very different activities， functions， and corporate cultures。> He argued that if I were wrong， he would needlessly sacrifice his best investment。 I answered that I could not be wrong: I had proven from public records that the trades never happened。 He was being sent make-believe trade slips。 I made the point that to ignore this could put his job at risk。 That clinched it。 He closed his accounts with Madoff and got his money back。 Over the next eighteen years， he watched other Madoff investors seem to get rich。 I wonder how often he regretted hiring me。> At the last minute I came up with the title “What Every Young Girl Should Know” and refused to tell anyone what I was going to say about it。 The room was packed， with attendance beyond anything previously seen。 Most agreeably， in addition to the usual mostly male audience， there were lots of pretty coeds。 From their questions and their expressions afterward， my listeners weren’t disappointed。 I had talked about the solution to the so-called marriage problem and had made the math behind it understandable。 。。。more

Senthil Kumaran ，

My first book on the topic of finance and stocks。

Zhuo ，

Legend

Anush Rohani-Shukla ，

This is just a wildly impressive story。 A better book version than all of those movies like 21。Thorp， then a professor at MIT basically invented card counting。 Figured out how to beat casinos at blackjack。 Figured out how to beat casinos at ROULETTE！ Ends up running a very successful hedge fund。 An incredible mind。 I don't know how I'd never heard of him before this。 Enjoyable read， some great stories within。 This is just a wildly impressive story。 A better book version than all of those movies like 21。Thorp， then a professor at MIT basically invented card counting。 Figured out how to beat casinos at blackjack。 Figured out how to beat casinos at ROULETTE！ Ends up running a very successful hedge fund。 An incredible mind。 I don't know how I'd never heard of him before this。 Enjoyable read， some great stories within。 。。。more

Alexander Ruchti ，

This autobiography of one of the most brilliant mathematicians and best financial market actors was painful to read。 A massive percentage of the word-count is filled with "life has always been extremely unfair to me， but I succeeded because I am so much better than anybody else"。 Credit were credit is due， few individuals have achieved as much as Thorp given where he started off in life。 However， Thorp seems to have taken this book as more of an opportunity for self-aggrandisation rather than a This autobiography of one of the most brilliant mathematicians and best financial market actors was painful to read。 A massive percentage of the word-count is filled with "life has always been extremely unfair to me， but I succeeded because I am so much better than anybody else"。 Credit were credit is due， few individuals have achieved as much as Thorp given where he started off in life。 However， Thorp seems to have taken this book as more of an opportunity for self-aggrandisation rather than a chance to tell a fascinating life story。 。。。more

Alejandro Alvarez ，

This is a powerful book。 Edward shares all of his life in an eloquent and very dynamic way。 Every part of his life has been a complete journey of learning and discovering。 The way he looked at the world is brilliant， and it's because he sees everything as the way it is; practical with full of puzzles ready to be solved。 This book brings many insides of what is behind all the success of beating all the markets and casinos， is more about a life devoted to understanding how things work from a scien This is a powerful book。 Edward shares all of his life in an eloquent and very dynamic way。 Every part of his life has been a complete journey of learning and discovering。 The way he looked at the world is brilliant， and it's because he sees everything as the way it is; practical with full of puzzles ready to be solved。 This book brings many insides of what is behind all the success of beating all the markets and casinos， is more about a life devoted to understanding how things work from a scientific and mathematical perspective。 I believe this is a book for people who wants to enjoy their life by focusing on more important things。 As Thorp quoted the famously said of Benjamin Franklin "Time is the stuff life is made off" and how you spend it makes all the difference。 。。。more

Hoa Lúa ，

Đây không phải là sách đầu tư。 Những gì nó làm ra là thành tựu của tác giả， không có chi tiết và Giọng văn viết không hay。

Harry Harman ，

Some people think in words， some use numbers， and still others work with visual images。 I do all of these， but I also think using models。

مشعل ，

ما قرأت سير ذاتية كثير، ولكن سيرة إدوارد ثورب بتكون من أفضل الكتابات الي قرأتها。 رغم عدم معرفتي بالمؤلف، إلا أن مقدمة نسيم طالب للكتاب حمستني أقرأْه。 حياة طويلة وعريضة بدأت بـ١٩٣٢م أثناء الكساد العظيم ولازالت مستمرة إلى الآن。 في منتصف أغسطس القادم سيدخل عامه الـ٨٩。 في ثلاثين فصل، يبدأ في سرد قصة حياته الي بدأت أثناء الكساد العظيم。 إنسان فضولي وذكي لأبعد درجة، عاش حياة مثيرة وسط أوقات صعبة مع عائلة متواضعة مادياً。 يقول أحد أسباب ذكائه هو فضوله بتجربة وإثبات كل شيء يتعلمه أو يسمعه。 بعمر الـ١٠-١٣ س ما قرأت سير ذاتية كثير، ولكن سيرة إدوارد ثورب بتكون من أفضل الكتابات الي قرأتها。 رغم عدم معرفتي بالمؤلف، إلا أن مقدمة نسيم طالب للكتاب حمستني أقرأْه。 حياة طويلة وعريضة بدأت بـ١٩٣٢م أثناء الكساد العظيم ولازالت مستمرة إلى الآن。 في منتصف أغسطس القادم سيدخل عامه الـ٨٩。 في ثلاثين فصل، يبدأ في سرد قصة حياته الي بدأت أثناء الكساد العظيم。 إنسان فضولي وذكي لأبعد درجة، عاش حياة مثيرة وسط أوقات صعبة مع عائلة متواضعة مادياً。 يقول أحد أسباب ذكائه هو فضوله بتجربة وإثبات كل شيء يتعلمه أو يسمعه。 بعمر الـ١٠-١٣ سنة، كان يفتح الموسوعة ويتعلم كيف يصنع البارود و النتروجلسرين، ويستعملها لتحريك سياراته وصواريخه الصغيرة。 وهذه نقطة من بحر。 بعد ما انفصلوا والديه، وأمه تركته وسيّلت ودائع قام بشرائها وهو صغير واخذتها لها، عاش وحيداً بعدها。 أنضم لجامعة كاليفورنيا - إيرڤن بعد نجاحه بالحصول على منحة، واختارها لأن تكاليف المعيشة أقل。 بعد التخرج انضم لـ MIT وأكمل الدكتوراه。 أثناء الدكتوراه، أثار فضوله أحد اصدقائه بعد رجوعه من لاس فيغاس لما قال بأن الكازينو مستحيل ينهزم House always wins。 بعدها، قرر يختبر هذه المعلومة، وقدر يتوصّل إلى نظام لعب معيّن يسمح له بإيجاد أفضلية على الكازينو。 سافر إلى لاس فيغاس واختبر نظام اللعب الخاص به وفعلاً نجح。 استطاع يهزم الكازينو في البلاك جاك بطريقة عد الورق، وهزم الروليت بصناعة كمبيوتر محمول، المعروض الآن في متحف MIT كأول كمبيوتر محمول Wearable Computer。 كتب كتاب مشهور فيه استراتيجيات وخطوات بسيطة بإسم Beat the dealer وسبب أزمة في لاس فيغاس。لمّا صار عمره ٣٤ تقريباً، انتبه لسوق الأسهم وشاف أنه عبارة عن كازينو كبير。 بدأ بتعلّم الاقتصاد وقراءة كتب الاستثمار، بإستخدام خلفيته في الرياضيات قدر يطوّر استراتيجيات تحقق له عوائد ممتازة، مما جعل اقاربه واصدقائهم يضعون أموالهم معه لاستثمارها。 بعد ما تطّور الأمر، كوّن صندوق تحوّط وطبّق الكثير من الاستراتيجيات وقدر يهزم السوق。 خلال فترة استثماره في سوق الأسهم الممتدة، لم يحظى الا بربع واحد سيء。 واستطاع يحقق عوائد أعلى من السوق بكثير وتفادى أزمات السبعينات والثمانينات والتسعينات، وكذلك أزمة العقار بـ٢٠٠٨。 كتب كتاب مشهور بإسم Beat the market。قصته مثيرة وشيّقة، وأسلوب كتابته رائع。 في نهاية الكتاب يوجه نصيحة لمن أراد الاستثمار ونصيحته لم تخرج عن نصائح المستثمرين الكبار ألا وهي الاستثمار في صناديق منخفضة التكاليف تتبع المؤشر。 إلا أنه أشار بأن الشخص بإمكانه هزيمة السوق، ولكن يحتاج أن يتفرّغ لهذه المهمة وأن يبحث عن استراتيجية صعبة تسمح له بإيجاد أفضلية （Edge） على السوق。 سبب تشديده على صعوبتها هو لأن مثل ما الصناعة الجديدة تقلّ فيها هوامش الربح بسبب دخول المنافسة。。。 كذلك استراتيجية الاستثمار تقل عوائدها لما يطبقونها مستثمرين كثيرين。 。。。more

Library of ，

A great book by a great man with a lot of great lessons for life as well as investing / gambling。 Below are my notes。 More summaries like this can be found at www。libraryof。xyzEdward Thorp is the MIT professor who solved blackjack， roulette and baccarat and won over Las Vegas。 At the age of 32， he went on to Wall Street to outperform the stock market for the next 30 years。 Through his company Princeton Newport Partners， Thorp did arbitrage with shares， warrants， options and convertibles and show A great book by a great man with a lot of great lessons for life as well as investing / gambling。 Below are my notes。 More summaries like this can be found at www。libraryof。xyzEdward Thorp is the MIT professor who solved blackjack， roulette and baccarat and won over Las Vegas。 At the age of 32， he went on to Wall Street to outperform the stock market for the next 30 years。 Through his company Princeton Newport Partners， Thorp did arbitrage with shares， warrants， options and convertibles and showed positive results every quarter for a period of 20 years。 The annualized return was 19。1% （compared to the S&P 500 10。2%）。 He then started Ridgeline Partners， which had an annualized return of 21。0% for the next ten years。IDENTIFY INEFFICIENCIES， EXPLOIT & REPEAT。 Thorp’s career can be divided into phases; （1） he identified a game with a theory that it was “beatable”， （2） he learned how to beat it， （3） he practiced it and made a fortune and （4） moved on when the inefficiency disappeared。 Thorp was driven by intellectual curiosity rather than money。“We did not ask: ‘Is the market efficient， but rather， in what ways and to what extent is the market inefficient？ And how can we exploit this？”MENTAL MODELS AND RATIONALITY。 Thorp learned early on to think not only in pictures， words or numbers but also in models – simplified versions of reality。 He strives to be constantly rational in all aspects of his life。 For example， he refrains from taking a position on any topic or issue before he can make a decision based on facts。 Another example is that he considers it important to keep track of his hourly wage and to strive to outsource the services that have a lower cost level – it is like time repurchases below market value。PERFORMANCE BEFORE PERFECTION。 According to Thorp， gambling is an excellent entrance into asset management。 You learn to control your emotions， calculate odds， solve logical problems and stick to your strategy。 He believes that an imperfect solution that can be used in practice is better than a perfect solution that is difficult to implement in practice。 The strategy he used to beat blackjack was not the most effective he developed， but it was easy to apply and had enough of an edge。START SMALL AND SCALE UP。 When Thorp took on a new “game”， he always started with small bets that he was emotionally comfortable with。 He did not raise the stakes until he was comfortable with the system and the betting process。 He adopted this approach in Las Vegas as well as on Wall Street。“I was lucky in that I came at investments through blackjack tables。 And the blackjack tables are an amazingly good training ground for learning how to invest， how to think about investments， how to manage them。 And the reason is that they teach you， on the one hand， to use probability and statistics to evaluate things。 And on the other， they teach you discipline。”PURSUE YOUR EDGE。 Thorp’s strategies for gambling and investing had many similarities。 He was looking for a small edge to exploit over and over again。 In this way， the “law of great numbers” guaranteed that he would win over time。 He used Kelly’s formula （a formula for theoretically optimal bet size） to optimize betting levels。 Thorp believes， however， that it is important to constantly question one’s edge。 Competitors are adapting and markets are changing。 It is important to continue to develop and ensure that one’s strategies remain relevant。DO NOT SKIMP ON THE SPREAD。 Thorp questioned his traders who boasted that they “scalped” the spread when they traded。 He claimed that they earned $0。25 ten times and lost $10 once – a calculation he did not like。 Traders only saw what they earned from the stingy bids and did not think about the opportunity cost the times the stock was not traded down。THE GOAL IS PEACE OF MIND。 After his time in the financial industry， Thorp realized the value of independence。 It is much less stressful to only do your own business than to run a large fund with powerful clients who question your decisions。 Thorp believes that one should construct their activities with the goal of having peace of mind。 Then you are most clear-minded and the happiest。 He believes that what is most important in life is how you spend your time and the answer to that question depends on where you are in life and where you want to be in life。“When I was 35， I had lots of time and less money， so doing 10% or so better than the index， with little risk， was attractive and fun。 At 85， the marginal value of time is higher， and the marginal value of money is lower。 These are strong disincentives when I can make a long-run 10% or so by doing nothing。” 。。。more

David Cok ，

This review has been hidden because it contains spoilers。 To view it， click here。 good

Alan Cheng ，

A Man for All Markets is written as a memoir that documents the life of Edward O。 Thorpe， a savant who taught himself chemistry and physics as a child， and is arguably most famous for creating the system of counting cards in Blackjack。The book chronicles various stages of his life beginning from his humble childhood in the suburbs of California to his academic life at UCLA， UC-Irvine， New Mexico State University， and MIT。 It was during this time that he used his intellectual gifts and methodical A Man for All Markets is written as a memoir that documents the life of Edward O。 Thorpe， a savant who taught himself chemistry and physics as a child， and is arguably most famous for creating the system of counting cards in Blackjack。The book chronicles various stages of his life beginning from his humble childhood in the suburbs of California to his academic life at UCLA， UC-Irvine， New Mexico State University， and MIT。 It was during this time that he used his intellectual gifts and methodical approach to personally examine the validity of the claim that there was no way to beat the casino's edge in Blackjack or other games such as Roulette。 Through his mathematically intensive research， during days when computers and calculators were in their infancy， he developed a systematic approach to winning at Blackjack called "Card Counting” and later authored the book "Beat the Dealer"。 He then used his refined understanding of risk and probabilities through his study of gambling and later applied it to the investment world where he founded his own hedge fund and employed an investment strategy generally known as market-neutral hedging。A Man for All Markets is a good read which marries the life story of Edward O。 Thorp， an intellect， academic， and investor who bet on himself and created the opportunity to pursue his varied interests and life passions。 Through his personal account， Edward inspires one to continually challenge the status quo and to not be willing to accept certain truths at face value。 This book made me appreciate the complex intricacies behind both the mathematical and socio-psychologic aspects of card counting in Blackjack as well as helped shape and refine my perception of financial markets to be semi-strong/inefficient markets with opportunities abound。I recommend this book to someone who is interested in further understanding the risk/reward elements of games of chance or imperfect information and also to the early or inexperienced investor who is seeking a brief introduction to significant historical events and their impact on the global financial system in the past half-century。"In the abstract， life is a mixture of chance and choice。 Chance can be thought of as the cards you are dealt in life。 Choice is how you play them。"-Quote from the book 。。。more

Milan ，

Edward O。 Thorp is a first rate mathematician and he should be remembered for the few things he developed on his own and in collaboration with others。 The first half of the book is quite interesting where he discusses the making of a mathematician and how he beats the casino。 He is a good investor as well。 However， in the second half when the author wants to show that he is the Mr。 Know-it-all， it goes completely downhill。 According to him， he knew Buffett was going to become the richest America Edward O。 Thorp is a first rate mathematician and he should be remembered for the few things he developed on his own and in collaboration with others。 The first half of the book is quite interesting where he discusses the making of a mathematician and how he beats the casino。 He is a good investor as well。 However， in the second half when the author wants to show that he is the Mr。 Know-it-all， it goes completely downhill。 According to him， he knew Buffett was going to become the richest American， he knew LTCM was going to blow-up， he knew Madoff was a crook， etc。 A lot of people can say that with the benefit of hindsight。 It may be possible that he was aware of many things but he fails to give any evidence to support his claims。 There is a lot of name-dropping which also puts you off。 By the end of the book， he is asking the readers to invest in index funds。 Duh！ 。。。more

Việt Tiến ，

The first half was fascinating with his love and dedication for science。 And how he beat the market。 The latter part was not as good。

Shelby ，

Thoroughly enjoyed this， and I feel like I learned more about hedge funds and arbitrage。

Topher ，

Thorp's autobiography - from growing up as a kid during WW II to figuring out the odds in poker， building a wearable roulette computer， and becoming a fund manager。 Well written and interesting though with a bit of repetition at times， and with the required billionaire （/autobiography） here's where the world's gone wrong and how to fix it ending。 Thorp's autobiography - from growing up as a kid during WW II to figuring out the odds in poker， building a wearable roulette computer， and becoming a fund manager。 Well written and interesting though with a bit of repetition at times， and with the required billionaire （/autobiography） here's where the world's gone wrong and how to fix it ending。 。。。more

Miguel Angel ，

Thorp is definitely a top-tier guy。 His story is awe-inspiring and entertaining， and his reflections are instructive。My only “criticism” is that his writing is diplomatic and a bit plain。

Carlos Sebastián ，

Narration is robotic。

Malik Bedar Bakht ，

A rare genius - Ed Thorp - explains how he beat vegas casinos， and wall street。 He attributes his success to two causes:1。 He learned to think for himself。2。 He was a voracious reader。

Santiago Echeverri ，

A fantastic autobiographyMr。 Thorp’s provides one of the finest auto biographies I have ever read。 He opens up to readers in a very revealing way， which is uncommon in other auto biographies where the authors are much more self protecting。 It was great to learn about gambling and the markets。 Also， the bibliography of this work is outstanding。 For any gambling or market researcher the bibliography will certainly be golden。

Edward Waverley ，

Added this from Taleb's review: https://nntaleb。medium。com/foreword-t。。。 "Ed Thorp memoirs read like a thriller –mixing wearable computers that would have made James Bond proud， shady characters， great scientists and poisoning attempts （in addition to the sabotage of Ed’s car so he would have an “accident” in the desert）。 The book will reveal a thorough， rigorous， methodical person in search of life， knowledge， financial security， and， not least， fun。 Thorp is also known to a generous man， intel Added this from Taleb's review: https://nntaleb。medium。com/foreword-t。。。 "Ed Thorp memoirs read like a thriller –mixing wearable computers that would have made James Bond proud， shady characters， great scientists and poisoning attempts （in addition to the sabotage of Ed’s car so he would have an “accident” in the desert）。 The book will reveal a thorough， rigorous， methodical person in search of life， knowledge， financial security， and， not least， fun。 Thorp is also known to a generous man， intellectually speaking， eager to share his discoveries with random strangers （in print but also in person） –something you would hope to find in a scientist but usually don’t。 But he is humble –he would qualify as the only humble trader on planet Earth –so， unless the readers can reinterpret what’s between the lines， they won’t notice that his contribution is vastly more momentous than he reveals。 Why？Because of its simplicity。 Its sheer simplicity。" 。。。more

Reference

google book https://www.google.com/search?tbm=bks&q=A Man for All Markets

hathitrust digital library https://babel.hathitrust.org/cgi/ls?q1=A Man for All Markets&field1=ocr&a=srchls&ft=ft&lmt=ft

The British Library https://bll01.primo.exlibrisgroup.com/discovery/search?query=any,contains,A Man for All Markets&tab=LibraryCatalog&search_scope=Not_BL_Suppress&vid=44BL_INST:BLL01&lang=en&offset=0