A successful Blackjack card counter turned best-selling author joins Kitco News to share his journey from Las Vegas to Wall Street where he successfully made millions as a hedge fund manager. In his latest book A Man For All Markets, Edward Thorp tells readers why he considers Wall St. to be the “greatest casino on earth.” ‘What I learned in the casinos proved to be very valuable on Wall Street, there’s quite a similarity,’ he tells Daniela Cambone. After moving out of the gambling arena, Thorpe started his own hedge fund in the late 60s, which he managed to grow from $1.4 million to $273 million over the course of 18 years. He attributes his success on Wall St. to his ability to play the markets. Thorp says there is always a way to ‘beat’ the markets and today is no different. There is actually a ‘very simple way’ for investors to tilt the odds in their favor right now, he explains.
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5 сен 2024
