Edward O. Thorp

著者について

Edward O. Thorp is a renowned American mathematician, author, and professional gambler, best known for his groundbreaking work in the field of gambling and investment strategies. He gained fame with his book "Beat the Dealer," which introduced card counting techniques for blackjack, revolutionizing the way the game was played and paving the way for professional gambling. Thorp’s analytical approach combined with his mathematical prowess allowed him to develop effective strategies that not only influenced gambling but also had significant implications in financial markets.

In addition to his contributions to gambling, Thorp has also made notable strides in finance, particularly with his application of the Kelly Criterion, a formula for bet sizing that maximizes the logarithm of wealth over time. His insights have profoundly impacted both areas, leading to a new understanding of risk management. Thorp's work continues to inspire both gamblers and investors, solidifying his legacy as a pioneer in the application of mathematical principles to real-world problems.