Wednesday, June 25, 2008

Ed Thorp Wikipedia Page

Ed Thorp's Wikipedia page:

http://en.wikipedia.org/wiki/Edward_O._Thorp

"Since the late 1960s Thorp has used his knowledge of probability and statistics in the stock market by discovering and exploiting a number of pricing anomalies in the securites markets, and he has made a significant fortune. Princeton Newport Partners was Thorp's first hedge fund, achieving an annualized net return of 15.1 percent over 19 years. In May 1998 Thorp reported that his personal investments yielded an annualized 20 percent rate of return averaged over 28.5 years."

No comments: