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    Summary of Edward O. Thorp's A Man for All Markets
    Summary of Edward O. Thorp's A Man for All Markets
    Summary of Edward O. Thorp's A Man for All Markets
    Ebook71 pages49 minutes

    Summary of Edward O. Thorp's A Man for All Markets

    By IRB Media

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    Get the Summary of Edward O. Thorp's A Man for All Markets in 20 minutes. Please note: This is a summary & not the original book. Original book introduction: 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.

    LanguageEnglish
    PublisherIRB Media
    Release dateNov 29, 2021
    ISBN9781638159124
    Summary of Edward O. Thorp's A Man for All Markets
    Author

    IRB Media

    With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

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      Book preview

      Summary of Edward O. Thorp's A Man for All Markets - IRB Media

      Insights on Edward O. Thorp's A Man for All Markets

      Contents

      Insights from Chapter 1

      Insights from Chapter 2

      Insights from Chapter 3

      Insights from Chapter 4

      Insights from Chapter 5

      Insights from Chapter 6

      Insights from Chapter 7

      Insights from Chapter 8

      Insights from Chapter 9

      Insights from Chapter 10

      Insights from Chapter 11

      Insights from Chapter 12

      Insights from Chapter 13

      Insights from Chapter 14

      Insights from Chapter 15

      Insights from Chapter 16

      Insights from Chapter 17

      Insights from Chapter 18

      Insights from Chapter 19

      Insights from Chapter 20

      Insights from Chapter 21

      Insights from Chapter 22

      Insights from Chapter 23

      Insights from Chapter 24

      Insights from Chapter 25

      Insights from Chapter 26

      Insights from Chapter 27

      Insights from Chapter 28

      Insights from Chapter 29

      Insights from Chapter 30

      Insights from Chapter 31

      Insights from Chapter 1

      #1

      The author’s father was Oakley Glenn Thorp, born in 1898. His father died when he was young, so he lived with his mother and her family.

      #2

      The author’s father introduced him to numbers and reading at an early age, which he enjoyed. He also taught his son how to count and read, and how to explore and discover things.

      #3

      The author’s parents were poor, and so they were unable to buy him many toys or books. But they made sure he had access to a well-stocked library. He would spend hours lost in his head, imagining fantastic worlds and adventures.

      #4

      At the age of six, Richard learned how to add, subtract, multiply, and divide in his head. He also learned how to compute the square root of a number, and learned how to do cube roots.

      #5

      One of the author’s first jobs was working at a local diner, where he would quickly memorize how much people would spend on their meals, in order to be able to estimate how much money his customers had in their wallets.

      #6

      The author’s father showed him how to double the size of an object using the magic of perspective, and how to use that to draw magnified or reduced versions of a figure.

      #7

      Chess was another hobby that taught young Robert about the value of hard work and perseverance.

      #8

      On December 7, 1941, the Japanese attacked Pearl Harbor, causing the United States to enter World War II.

      #9

      The Great Depression of the 1930s ended abruptly when America entered World War II. Millions of men went to fight, leaving their families behind.

      #10

      The author’s family moved to Southern California after the war, where he attended a sixth grade school that was two grades behind him in Chicago. He did well there, but was given the California Test of Mental Maturity, an IQ test, after scoring the highest score they’d ever seen.

      #11

      The author was a newspaper

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