If someone is interested in all this, I would strongly recommend looking into Ed... | Hacker News

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		SirLJ on March 3, 2024 \| parent \| context \| favorite \| on: The Black-Scholes/Merton equation [video] If someone is interested in all this, I would strongly recommend looking into Ed Thorp, he discovered pretty much the same thing earlier, but instead of publishing, he made money with the knowledge... Great book about all this, 2017 Autobiography: "A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market"

lvl102 on March 3, 2024 | [–]

Ed Thorp worked with Claude Shannon. That time in Cambridge, MA must’ve been amazing.

SirLJ on March 3, 2024 | | [–]

Especially for Shannon :-)

AlexCoventry on March 3, 2024 | [–]

The video refers to him.

SirLJ on March 3, 2024 | [–]

You made me watch this :-) still another book worth reading and not mentioned there:

"When Genius Failed: The Rise and Fall of Long-Term Capital Management"

https://en.wikipedia.org/wiki/When_Genius_Failed

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