6 Quotes by Edward O. Thorp

Life is like reading a novel or running a marathon. It’s not so much about reaching a goal but rather about the journey itself and the experiences along the way.

In the abstract, life is a mixture of chance and choice. Chance can be thought of as the cards you are dealt in life. Choice is how you play them. I chose to investigate blackjack. As a result, chance offered me a new set of unexpected opportunities.

I also learned the value of withholding judgement until I could make a decision based on evidence.

I wondered how my research into the mathematical theory of a game might change my life. In the abstract, life is a mixture of chance and choice. Chance can be thought of as the cards you are dealt in life. Choice is how you play them.

The people who run the casino are tough and smart is so many ways, but they belong in the Dark Ages... They explain the phenomena of their world the way the ancient astrologers did. They really believe that dice get hot.

Our corporate executives speculate with their shareholders’ assets because they get big personal rewards when they win – and even if they lose, they are often bailed out with public funds by obedient politicians. We privatize profit and socialize risk. The.