Agree- I was his trainer for the 10+ years pre Covid and he always was one of the most dedicated clients I had ever come across with a great attention to detail and appreciated the importance of consistency. 😊
@@estranged12 well I always thought it seemed like quite a bit more than expected when he told me but I’ve never known him to lie about anything so it wouldn’t surprise me. It’s possible he switched some numbers by mistake but he also was incredibly detailed and meticulous.
Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realize that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life
Very true, I started investing before the pandemic and that same year I pulled a profit of about $750k with no prior investing experience, basically all I was doing was seeking guidance from *ROCHELLE DUNGCA-SCHREIBER* who's a guru in the game, you can be passively involved with the aid of a professional.
I bought his blackjack book when I was about 26. About 1980. I studied it and made $2000+ on a trip through Las Vegas in 1981 at the old Stardust. I found it hard work for me to keep count and I was scared they would figure out I was a card counter. Amazing to find he is still alive and doing awesome.
Wow, a true legend. He is rather humble in his maturity. When he was young man he used to pass genius tests all the time to play with his teachers. This is at least what I've read. In hearing him I believe it.
Tim, if you get a chance to talk to him again (which I'm sure you will), please ask him some details about his diet. It is inspiring to see an 89 year old man having more memory cells in his brain than most of 30 year olds. No kidding.
@@TheSteinbitt this is partially true, but also lifestyle plays and is often forgotten. Poorer people and less genius people can do this through the learning process. Many studies show that the very act of learning can counter age related decline. So if you're in a rut, take up language learning is one of the simplest. It is just workout for the brain. Having worked in Healthcare, if sloth, gluttony and substance abuse weren't the borderline default of most people, hospitals and nursing homes would have like half the patients or less. Take a walk, read a book and learn a language. It's really that simple, but the reality is most people won't do it. You can take cheap or free courses even, if you don't need an accredited degree, don't seek just the bar, or just fishing. Go to the local place that teaches random skills, do an art class, a cooking class etc. This dude was constantly thirsting for knowledge, and constantly learning is the workout for the brain. And if you approach it in part for your health, then even if you're not a genius and not easy to learn, it doesn't matter, do it for "fun" don't over stress or beat yourself up if you're not a genius. Just learn what you can learn.
I clicked on this video because I thought beating casino sounds interesting, didn't realize this guy is a mathematics legend!! Thank you Tim for putting out this content for us all to learn and have better lives for having listened ❤️
Ed Thorpe is an incredible guy! I was fortune enough to see him interviewed off his biography tour in 2016 and got a signed copy and a minute to speak with him.
I feel like Mr. Thorp has great a understanding about the art of living. I need to listen to myself more and run quickly from anything that goes against my nature. Thanks for setting such a great example.
I reckon if you have a LOT of money you can live how you want. I'm guessing since you are here we have to understand the system plays both sides and needs our money to pay others. Problem is when money buys information it can result in slavery. "fact checkers" owned by Thomson group run by hedge fund managers, money for some is like a drug, there is never enough.
I've met him a couple times before at an annual party that he goes to in Vegas. He really is an incredible guy on every front that he decides to tackle. Good job Ed and I enjoyed your video and your book.
I read his book-- absolutely extraordinary guy and life experience. Reminded me of my college department chairman, while the team were down the hall conducting experiments on students oversight by Bell Labs refugees seeking PhDs under him burning grants, he'd be in his corner office crunching numbers about Dice, Blackjack and Options chains. So funny.
This episode is brought to you by Wealthfront automated investing wealthfront.com/tim, Athletic Greens all-in-one nutritional supplement athleticgreens.com/tim, and Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating eightsleep.com/Tim.
Amazing - Edward Thorp's insight are brilliant, and this interview brings them back to the forefront of my thoughts. It's great to be reminded them again.
Thinking for yourself is one of the biggest takeaways for me. I've been learning about this concept from other investors like Charlie Munger. Who emphasizes the importance of independent thinking.
Transition from plastic to glass. (Or aluminum) for all containers where plastic is used. Glasses totally renewable. Many stations to collect the glass is a new industry. That part of the plastic industry could be phased out in three years.
Awesome interview! At 26:35 is he talking about a covered call? He said selling a call and buying the stock. Am I misunderstanding him or is he saying that covered calls was how he made 20% a year? Thx!
There aren't many, if any traders that ever beat the market consistently... If they have the edge was luck on top of great TA skills.. The best are around 60% at peak but over time that drops off.
You used to be a fine ass bomb intelligent woman 👠 Now your just another grifter Dollar sign AMPE Ampio pharma Remember the number one thing affected by interest rates are short seller margin Don't listen to wall st fairy tales Your here to tax them increase there cost of doing business not be fleeced. Markets are expanding not contracting Low floats are salvation. Study ODum the only on to really ever do it. Otherwise your gonna be learning worthless T.A or stratagems that requires a 100 thousand dollar account All markets are indexed since Jack Bogle. They have to chase the flow of funds. Some times it's great to be a guppy Remember all comment sections are now heavily curated wall st. Bets is not organic Probably martin Martin shkreli brainchild if not Anton shkreli type
![CAMPปลิ้น | EP.75[1/2] ชวนแร็ปเปอร์เที่ยวประแสแบบไม่ต้องตามกระแส](http://i.ytimg.com/vi/J5ds2AxDp24/mqdefault.jpg)
He really does look incredible for 89. I loved hearing him talking about his fitness
Agree- I was his trainer for the 10+ years pre Covid and he always was one of the most dedicated clients I had ever come across with a great attention to detail and appreciated the importance of consistency. 😊
Wow dude. I would sell my first child to meet Ed.
@@fisherh9111 lol 😂 wtf
@@kyleknappfitness One year and he could bench 375? That sounds sus.
@@estranged12 well I always thought it seemed like quite a bit more than expected when he told me but I’ve never known him to lie about anything so it wouldn’t surprise me. It’s possible he switched some numbers by mistake but he also was incredibly detailed and meticulous.
Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realize that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life
Exactly and many of us don't know where to invest our money so we invest it on wrong places and to the wrong people
Very true, I started investing before the pandemic and that same year I pulled a profit of about $750k with no prior investing experience, basically all I was doing was seeking guidance from *ROCHELLE DUNGCA-SCHREIBER* who's a guru in the game, you can be passively involved with the aid of a professional.
Scam
I bought his blackjack book when I was about 26. About 1980. I studied it and made $2000+ on a trip through Las Vegas in 1981 at the old Stardust. I found it hard work for me to keep count and I was scared they would figure out I was a card counter. Amazing to find he is still alive and doing awesome.
Ed Thorpe is an exemplary Human Being. Great anecdotes, many lessons and a Life Well Loved.
Wow, a true legend. He is rather humble in his maturity. When he was young man he used to pass genius tests all the time to play with his teachers. This is at least what I've read. In hearing him I believe it.
Tim, if you get a chance to talk to him again (which I'm sure you will), please ask him some details about his diet. It is inspiring to see an 89 year old man having more memory cells in his brain than most of 30 year olds. No kidding.
If you start out a genius, you’ll be smart even after many years of decay. Also, genes.
@@TheSteinbitt this is partially true, but also lifestyle plays and is often forgotten.
Poorer people and less genius people can do this through the learning process. Many studies show that the very act of learning can counter age related decline.
So if you're in a rut, take up language learning is one of the simplest. It is just workout for the brain.
Having worked in Healthcare, if sloth, gluttony and substance abuse weren't the borderline default of most people, hospitals and nursing homes would have like half the patients or less.
Take a walk, read a book and learn a language. It's really that simple, but the reality is most people won't do it.
You can take cheap or free courses even, if you don't need an accredited degree, don't seek just the bar, or just fishing. Go to the local place that teaches random skills, do an art class, a cooking class etc. This dude was constantly thirsting for knowledge, and constantly learning is the workout for the brain.
And if you approach it in part for your health, then even if you're not a genius and not easy to learn, it doesn't matter, do it for "fun" don't over stress or beat yourself up if you're not a genius. Just learn what you can learn.
I clicked on this video because I thought beating casino sounds interesting, didn't realize this guy is a mathematics legend!!
Thank you Tim for putting out this content for us all to learn and have better lives for having listened ❤️
lol didn't you ever heard the expression "there is no free lunch"?
Ed Thorpe is an incredible guy! I was fortune enough to see him interviewed off his biography tour in 2016 and got a signed copy and a minute to speak with him.
He has a great voice. I recommend his audiobook. He is very humble giving away a lot of his knowledge, and also quite a historian of markets.
what is his audiobook
Read this gentleman's book in 1982. After adding 'unit management' and 'state of mind', been profitable at BJ for the past 40 years.
One of the greatest living thinkers of our time. A legend.
Best podcast I’ve heard in a long, long time. Well done.
Totally agree with you
I read “Beat the Dealer” when I was in college. Phenomenal opportunity getting to hear Edward speak!
Ed Thorp is one of the finest people the USA has offered to the world.
Paperboy to billionaire.
His autobiography was wonderful. Highly recommend it!
prolly the best tim ferris pod, lots of wisdom, simple yet deep/powerful
I feel like Mr. Thorp has great a understanding about the art of living. I need to listen to myself more and run quickly from anything that goes against my nature. Thanks for setting such a great example.
I reckon if you have a LOT of money you can live how you want. I'm guessing since you are here we have to understand the system plays both sides and needs our money to pay others. Problem is when money buys information it can result in slavery. "fact checkers" owned by Thomson group run by hedge fund managers, money for some is like a drug, there is never enough.
Hope there can be a part 2 interview someday, great listen!
Very inspirational - love the deep conversation and wisdom from life experience of Ed
The best podcast episode I have ever listened. Thanks tim!
Fantastic interview! Thank you to the moderator and guest speaker!!!
Past performance is no indication of future performance...especially when you factor in $5 trillion dollars added to the monetary system since 2020.
something very special about this man. i am just smiling listening. thanks Tim
Outstanding episode here packed with timeless investor & lifestyle wisdom, thanks Tim!
This.... is a helluva a guest get. Respect, Tim.
Ed Thorp is an amazing role model, who's not super famous but led / is leading a great life of his own intentions
Loved this! Thorpe's book is great too. I really enjoyed the audio version.
Ed looks in great shape!
This interview was incredible. So much wisdom.
I've met him a couple times before at an annual party that he goes to in Vegas. He really is an incredible guy on every front that he decides to tackle. Good job Ed and I enjoyed your video and your book.
This is great. Just got his book on audible to hear more!
So much value in this interview. I was just looking for ways be to beat the dealer, but got life lessons. Truly happy I came across this interview.
I read his book-- absolutely extraordinary guy and life experience.
Reminded me of my college department chairman, while the team were down the hall conducting experiments on students oversight by Bell Labs refugees seeking PhDs under him burning grants, he'd be in his corner office crunching numbers about Dice, Blackjack and Options chains.
So funny.
One of the best interviews on finance and interesting decision making I have heard to date thank you both 👍👍👍
Thorp is a legend…listen and learn
"A Man For All Markets" Good Book. This is the REAL worlds most interesting man...
Great story teller. Particularly enjoyed the one on Bernie Madoff.
Great Podcast thanks. 3 forward to Part 2
His book is terrific. A true legend!
Very enjoyable conversation.Thank you guys
This episode is brought to you by Wealthfront automated investing wealthfront.com/tim, Athletic Greens all-in-one nutritional supplement athleticgreens.com/tim, and Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating eightsleep.com/Tim.
Amazing interview!!!!! What a life! What incredible wisdom and insight.
Hadn't heard of this guy but a very impressive thinker with a super cool history. I'll have to check out more of his stuff.
Same. Very inspiring interview.
They didn’t mention it, but his IQ is between 180 and 200, perhaps the smartest man alive today.
His book Fortune Formula is must Read!
One of the highly successful people who also maintained a balanced life.
Amazing interview. Love Thorp. Thanks Tim!
Best interview, EVER! Fascinating man I have never heard of before. I could listen to his stories and life lessons for hours. What a life.
Your comment is a sign of intelligence. Get his book, A Man for All Markets. Fascinating read.
@@quantum_man A man for All Markets is on my list. What a guy.
This is great thank you so much for this interview true wisdom being shared
a true legend
My favorite guest
WOW
I really enjoyed listening to this great and inspiring man...
Thanks for not having any annoying Ads!!
Boy, that was well spended time watching this interview. ... thank you.
Excellent interview! I have a great list of books to read. Thank you.
Buffett is still compounding! I'm curious to hear how Ed thinks about the investment merits of buying Berkshire Hathaway today versus the S&P 500?
Great interview, Jim!
Fortune's Formula is a great book that covers Ed Thorp.
..THANK YOU SOO MUCH TIM 🙂🙂 What a DELIGHT!
Great interview! Thanks for asking about his health regiment
It’s very regimented…
We need a longer interview than this with Ed.
i strongly recommend him he's trustworthy he ship to any location man he got all kinds of psychedelic product stuff's
ON Instagram
Trip_world1
??
@@ryangoslin6636 Go away.
that was awesome thank you!
Excellent interview. Thank you
Amazing conversation! So much wisdom 🙏🏽
i strongly recommend him he's trustworthy he ship to any location man he got all kinds of psychedelic product stuff's
ON Instagram
Trip_world1
??
Having the pleasure to hear him speak was priceless. He's a living treasure.
Very well handled Tim, very respectful and great questions and chat. You got a sub.
Great interview!
A great interview. Fascinating.
A great informative interview on a very intelligent man, many thanks
Insightful interview, excellent!
Fascinating person
Such a smart person.
Amazing interview.
Great interview
What an interesting guy and a great interview! 🙌This should have more views
Wow. Great interview. Wonderful.
Amazing - Edward Thorp's insight are brilliant, and this interview brings them back to the forefront of my thoughts. It's great to be reminded them again.
Hi Mr Tim. Love ya books! Thank you!
Amazing interview, really charismatic, and extremely interesting guy! What a life
Great talk, I really enjoyed.
Jim is always worth the time.
this was very insightful.
Awesome podcast, what a dude!
Awesome interview.
LEGEND
I love the questions that Tim asks ?
What a smart guy, could watch this video over and over.
What a fantastic story! Awesome!
Thinking for yourself is one of the biggest takeaways for me. I've been learning about this concept from other investors like Charlie Munger. Who emphasizes the importance of independent thinking.
thorp is a genious!
Transition from plastic to glass. (Or aluminum) for all containers where plastic is used. Glasses totally renewable. Many stations to collect the glass is a new industry. That part of the plastic industry could be phased out in three years.
Great podcast!
Great Job!
He is a living legend. How can he look so young? Wow!
A legend.
legend
Like others, i found this so much better than i expected. An exceptional man.
Awesome interview! At 26:35 is he talking about a covered call? He said selling a call and buying the stock. Am I misunderstanding him or is he saying that covered calls was how he made 20% a year?
Thx!
Thanks Tim, very interesting interview.
this guy is a beast.
There aren't many, if any traders that ever beat the market consistently... If they have the edge was luck on top of great TA skills.. The best are around 60% at peak but over time that drops off.
Ed Thorp has a brilliant mind!!! What a legend!!!
100% legend
Amazing. Would have loved to hear him speak on Real Estate Investing
You used to be a fine ass bomb intelligent woman 👠
Now your just another grifter
Dollar sign AMPE Ampio pharma
Remember the number one thing affected by interest rates are short seller margin
Don't listen to wall st fairy tales
Your here to tax them increase there cost of doing business not be fleeced.
Markets are expanding not contracting
Low floats are salvation.
Study ODum the only on to really ever do it.
Otherwise your gonna be learning worthless T.A or stratagems that requires a 100 thousand dollar account
All markets are indexed since Jack Bogle.
They have to chase the flow of funds.
Some times it's great to be a guppy
Remember all comment sections are now heavily curated wall st. Bets is not organic
Probably martin Martin shkreli brainchild if not Anton shkreli type