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I\u2019m not sure how to best say this, but Edward Thorp, is kind of a big deal\u2026\nNot only in the world of financial markets, but he\u2019s also a household name amongst the gambling scene. He\u2019s the man who beat the dealer, and later, beat the market.\nIt was during the late-50\u2019s and early-60\u2019s, when Ed, a math genius and professor at MIT, took on the challenge of discovering a way to get an edge playing gambling games such as blackjack, roulette and baccarat. Long story short; Ed won\u2014and he\u2019s now considered the father of card counting.\nFrom there, the next obvious move for Ed was to take on financial markets\u2014which he also did with a great degree of success. His first hedge fund, Princeton Newport Partners, achieved an annualized return of 19.1% (before fees) over a 19-year period, with 227 of 230 months being profitable\u2014the worst monthly loss being less than 1%.\nEd\u2019s most recent book, A Man For All Markets, is now available on Amazon.\n--\nSponsored by TradeStation.com \u2013 The online broker for professional market monitoring tools, an award-winning platform and low trading costs.\nLearn more about your ad choices. Visit megaphone.fm/adchoices