109: Edward Thorp – The Man Who Beat the Dealer, and Later, Beat the Market
Chat With Traders26 Tammi 2017

109: Edward Thorp – The Man Who Beat the Dealer, and Later, Beat the Market

I’m not sure how to best say this, but Edward Thorp, is kind of a big deal… Not only in the world of financial markets, but he’s also a household name amongst the gambling scene. He’s the man who beat the dealer, and later, beat the market. It was during the late-50’s and early-60’s, when Ed, a math genius and professor at MIT, took on the challenge of discovering a way to get an edge playing gambling games such as blackjack, roulette and baccarat. Long story short; Ed won—and he’s now considered the father of card counting. From there, the next obvious move for Ed was to take on financial markets—which he also did with a great degree of success. His first hedge fund, Princeton Newport Partners, achieved an annualized return of 19.1% (before fees) over a 19-year period, with 227 of 230 months being profitable—the worst monthly loss being less than 1%. Ed’s most recent book, A Man For All Markets, is now available on Amazon. -- Sponsored by TradeStation.com – The online broker for professional market monitoring tools, an award-winning platform and low trading costs. Learn more about your ad choices. Visit megaphone.fm/adchoices

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173: Michael Katz – Riding Price Action—A Complete Breakdown of the Lyft IPO

173: Michael Katz – Riding Price Action—A Complete Breakdown of the Lyft IPO

After appearing on Chat With Traders last year for episode 156, Michael Katz returns: Mike’s a short-term equities trader and managing partner of proprietary trading firm Seven Points Capital. The pur...

9 Huhti 201959min

172: Anthony Riley – Clawing Back a Six-Figure Loss

172: Anthony Riley – Clawing Back a Six-Figure Loss

Anthony is a proprietary futures trader from Sydney, with 10-years market experience. He's active—particularly during the night—in a range of products, such as; Australian and U.S. bonds, equity indic...

15 Maalis 20191h 22min

171: Stan Gluzman – Raid the "Money Box"

171: Stan Gluzman – Raid the "Money Box"

It’s with great pleasure that I introduce to you, Stan Gluzman; an intraday equities trader at proprietary trading firm Seven Points Capital. Stan also heads up a small team of junior traders at one o...

16 Helmi 20191h 18min

170: Joshua Greenwald – The Technology Edge—How a Team of Options Market Makers Found Success in Asia

170: Joshua Greenwald – The Technology Edge—How a Team of Options Market Makers Found Success in Asia

My guest on this episode is Joshua Greenwald, the CEO of a newly formed crypto derivatives exchange, LXDX. But the part that got me keen to speak with Josh, was the fact that he was a professional tra...

17 Tammi 20191h 16min

169: Jack Ma – Strategies Die, Skills Survive

169: Jack Ma – Strategies Die, Skills Survive

Jack Ma is a proprietary futures trader from Sydney and the head trader of Minter Capital—a firm he established this year, in which he currently mentors and backs a group of developing traders. Jack t...

20 Joulu 20181h 28min

168: Anand "Lucci" Sanghvi – Stay Alive, Wait for Your Market, Then All Guns Blazing

168: Anand "Lucci" Sanghvi – Stay Alive, Wait for Your Market, Then All Guns Blazing

If you’ve been through the archives, then this weeks guest will be no stranger; it’s the options madman and trader of 10+ years, Anand “Lucci” Sanghvi. Lucci was one of the first guests to appear on C...

28 Marras 20181h 35min

167: Bobby Cho – Crypto’s Not Dead (It Just Went Pop)

167: Bobby Cho – Crypto’s Not Dead (It Just Went Pop)

Bobby Cho is the global head of trading at Cumberland—which is the crypto arm of Chicago trading firm, DRW and it’s one of the largest liquidity providers in the space. Prior to this, Bobby was direct...

31 Loka 201850min

166: Hugo Bowne-Anderson – The Trader’s Guide for Learning to Code (with a Data Scientist)

166: Hugo Bowne-Anderson – The Trader’s Guide for Learning to Code (with a Data Scientist)

For this episode, I speak with Hugo Bowne-Anderson; a data scientist at DataCamp (an educational platform for learning to code) and host of the DataFramed podcast. The idea for asking Hugo to appear o...

27 Syys 201857min

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