More on Ed Thorp

William Poundstone is the author of “Fortune’s Formula” an interesting book about the relationship between ideas from information theory, gambling, trading, and risk management. Ed Thorp is featured prominently in the book. Poundstone created a website for the book and he also has some information about Thorp’s track record as a hedge fund manager.

David Pennock, the author of Oddhead Blog and a researcher at Yahoo! Labs, wrote a good review of the book. All I can add is that the book is informative, well researched, and well written. I enthusiastically recommend it to all traders for the discussions about risk management.

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