Chat With Traders 109: Edward Thorp – The Man Who Beat the Dealer, and Later, Beat the Market
Jan 26, 2017
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Shared Beginnings
- Edward Thorp and Aaron Feifield discovered they both had paper routes as their first jobs.
- Thorp also ran an independent amateur radio station, communicating with people locally and learning about electronics.
Early Scientific Pursuits
- Thorp's interest in electronics led him to amateur radio at a young age.
- He was fascinated by science and explored electronics independently, obtaining a ham radio license at 13.
Depression-Era Childhood
- Thorp was born during the Great Depression and recalls selling Kool-Aid to WPA workers as a child.
- He turned a 5-cent pack into 6 cents, learning early about earning and work.