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Edward O. Thorp's A Man For All Markets

Brief Review of Edward O. Thorp’s A Man for All Markets (New York: Random House, 2017) Edward Thorp is one of America’s great personalities of business and academia, although perhaps he is not as famous as the Warren Buffetts, Elon Musks, and Richard Branson’s of the world.  Edward O. Thorp Thorp, born in 1932, has been a mathematics professor, author, hedge fund manager, and of all things - a renowned blackjack card game researcher! Nassim Nicholas Taleb, in his foreword to the book, notes that Thorp is the first modern mathematician who successfully used quantitative methods for risk-taking - and most certainly the first mathematician who met financial success doing it.  The juxtaposition of Thorp’s autobiography and Taleb’s Foreword is interesting. Taleb published his book entitled ‘The Black Swan: The Impact of the Highly Improbable’ in 2007. As a result, the old expression ‘Black Swan’ has become popularized - or perhaps we should say repopularized for events like the 2020 Covid-1

Planning On Buying A Home This Spring? Part 1

  Many homes will be bought this Spring. Are you ready to be one of the lucky purchasers? Here are a few things to keep in mind. 1. How are you at dealing with stress ? If this is your first time or your tenth time buying a home, the initial decision and the buying process will be stressful. Accepting that this is hard work, not everything will work perfectly, not everyone will be perfect people and having a clear view of your purpose in buying will take you a long way to alleviating some of that stress. You might be inclined to postpone dealing with your stress until the last minute or hold someone else responsible for your emotional state, but it is wise to address the stress right from the outset of your home-buying process. Oh, and if someone tells you they will make the process stress-free, run for the hills! This only means that you will be making other people happy by paying too much for too little. 2. The next step is to begin to build your team of professionals in vario