Investing Games -
I offer the following games which demonstrate the philosophical framework of my strategy. The games are purposely exaggerated and simplified to highlight the essence of the logic.
March 18, 2019 September 6, 2019 by btm Ed Thorpe invented the strategy to beat blackjack, a method known today as “card counting”. I first learned of Ed in college when my friends and I spent one summer at the local casinos trying to copy his card counting techniques (I wasn’t very successful). A few months ago, while researching the viability of my investment strategy, I learned that he is also an incredible investor. Later in life, while working as a math professor, Mr. Thorp became interested in investing and ultimately started a hedge fund. Over almost 20 years, his hedge fund returned 19
related reading
- The Playing Field - Graham Duncan Bloggrahamduncan.blog
- Are You Playing to Play, or Playing to Win? - Commoncogcommoncog.com
- Lessons from Betting on a Biased Coin: Cool heads and cautionary tales | Elm Wealthelmwealth.com
- the jackpot age — LessWronglesswrong.com
- Ray Dalio on X: "Investment Principles: What Should You Do Under Existing Conditions? " / Xx.com
- Forbidden Arbitragebrainpickings.substack.com
- Playing Different Games - by Everett Randlerandle.substack.com
- Bigger is Better for the Bettorbitsbytesandbets.substack.com
- The Punch Card Investor Philosophypunchcardinvestor.substack.com
- Playing Different (Stupider) Gamesinvesting1012dot0.substack.com
- The Games People Play With Cash Flow - Commoncogcommoncog.com
- Ed Thorp: Survival of the Fittest Mindalchemy.substack.com