Contents

Cover

Title Page

Copyright

Preface

Foreword

Chapter 1: Loving to Learn

Chapter 2: Science Is My Playground

Chapter 3: Physics and Mathematics

Chapter 4: Las Vegas

Chapter 5: Conquering Blackjack

Chapter 6: The Day of the Lamb

Chapter 7: Card Counting for Everyone

Chapter 8: Players Versus Casinos

Chapter 9: A Computer That Predicts Roulette

Chapter 10: An Edge at Other Gambling Games

Chapter 11: Wall Street: The Greatest Casino on Earth

Chapter 12: Bridge with Buffett

Chapter 13: Going into Partnership

Chapter 14: Front-Running the Quantitative Revolution

Chapter 15: Rise…

Chapter 16: …And Fall

Chapter 17: Period of Adjustment

Chapter 18: Swindles and Hazards

Chapter 19: Buying Low, Selling High

Chapter 20: Backing the Truck Up to the Banks

Chapter 21: One Last Puff

Chapter 22: Hedging Your Bets

Chapter 23: How Rich Is Rich?

Chapter 24: Compound Growth: The Eighth Wonder of the World

Chapter 25: Beat Most Investors by Indexing

Chapter 26: Can You Beat the Market? Should You Try?

Chapter 27: Asset Allocation and Wealth Management

Chapter 28: Giving Back

Chapter 29: Financial Crises: Lessons Not Learned

Chapter 30: Thoughts

Epilogue

Appendix A: The Impact of Inflation on the Dollar

Appendix B: Historical Returns

Appendix C: The Rule of 72 and More

Appendix D: Performance of Princeton Newport Partners, LP

Appendix E: Our Statistical Arbitrage Results for a Fortune 100 Company

Photo Insert

Dedication

Acknowledgments

Notes

Bibliography

By Edward O. Thorp

About the Author