A Man for All Markets

Very interesting book. I learned a lot new things from the origin of card counting, beating the roulette with the first wearable device (with Claude Shannon!!!), beating the markets based on managing risk, etc. The author is truly remarkable.

It is interesting how Edward moved from Chemistry to Maths due to problems with fairness in this Chemistry “career”. And still he didnt find much fairness in Las Vegas, and even worse in the stock market. He was driven to solve problems people didnt think had a solution. And was impressive how he taught himself. And likely he was a pioneer in computer-based trading. He is against the low latency trading. He mentions many times Warren Buffet and his investment style. As well, Citadel, as his continuation about the management of risk. It seems he didnt look for the sort term profit but going long, looking for mis-priced stocks.

I am happy he doesnt believe in the efficient market neither.