People

Edward Thorp

Edward Thorp

Formal First Name
Edward
Dates
1932 - present

Edward Thorp is a renowned American mathematics professor, hedge fund manager, author, and blackjack researcher. He pioneered the modern applications of probability theory, including the harnessing of very small correlations for reliable financial gain. To beat roulette, he invented the first wearable computer, together with the father of information theory, Claude Shannon. Thorp also pioneered the use of quantitative investment techniques in the financial markets.