Thorp, Edward O

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1 segment

February 1, 2010

32:54

'The Quants': It Pays To Know Your Wall Street Math.

In 1967, mathematician Ed Thorp revolutionized Wall Street with a method of using math and computers to predict the future of the stock market — and his hedge fund has been profitable ever since. Thorp's story, and those of many other market-driven math whizzes, is told in Scott Patterson's new book The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It.

Interview

Edward O Thorp
Scott Patterson

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Edward O Thorp

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'The Quants': It Pays To Know Your Wall Street Math.

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