By Andy Snyder We have a moral issue with gambling. After all, one of our core beliefs is that wealth leads to Liberty. Therefore, gambling leads to slavery.
It’s a dangerous game.
We don’t partake.
Even so, we’re fascinated by the numbers behind it all. They’ve certainly guided our investment philosophy and made us a winning trader.
In fact, we’ve learned a lot from Edward Thorp – the math genius and professional gambler who turned the odds on Vegas and then revolutionized Wall Street.
He’s our kind of man – a thinker.
Even though he spent years in the blackjack game, Thorp would argue he’s not a gambler. He’s …read more
