In his recent interview with Tim Ferris, Ed Thorp provided a great example of how short-term thinking can cost investors millions. Here’s an excerpt from the interview: Thorp: Here’s an example from Real Estate. I used to have a friend that I walked with quite a bit and he wanted … Read More
Ed Thorp: The Importance Of Having An Edge In Investing
Here’s some great investing insights from Ed Thorp, author of Beat the Dealer and A Man for All Markets, from his interview with Jack Schwager in his book – Hedge Fund Market Wizards. During the interview, Thorp explained the importance of having an edge in investing and matching your skill set … Read More