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Putting the Cards on the Table

 
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Old 14-08-2011, 05:50 PM   #1
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Putting the Cards on the Table
http://www.edwardothorp.com/sitebuil...lting_2011.pdf
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Old 15-08-2011, 04:18 PM   #2
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Originally Posted by Tropo View Post
Awesome article. Many thanks for posting.
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Old 15-08-2011, 05:59 PM   #3
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Originally Posted by Waimate01 View Post
Awesome article. Many thanks for posting.
Yep...good stuff.
I am glad you like it.
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Old 17-08-2011, 12:58 AM   #4
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Edward Thorp
"Basically, people should be putting money into INDEX FUNDS when they can't demonstrate that an investment with similar characteristics is better. For intance, suppose that they go to a long equity manager. In order to give him money, I think they should have to demonstrate the index that most closely matches him - small stock, intermediate stock, growth, value - is not as good."






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