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Ed Thorp is a remarkable figure, achieving great success in the casinos of Las Vegas and Wall Street, while also investing in Berkshire at $1K, contributing the first LP check to Ken Griffin’s fund Citadel, and calling the Bernie Madoff Ponzi scheme 18 years before Madoff was exposed! Thorp advises us to only invest when we have a clear edge, question the commonly held assumptions, attract top talent with superior pay, beware of following the masses, and prioritize physical fitness to ensure longevity. We discuss his life story and wisdom from his enthralling autobiography, A Man for All Markets.
A Man for All Markets - Ed Thorp
Bull Market Rhymes - Howard Marks