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PDF Title : | Beat The Market: A scientific stock market system |
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Total Page : | 229 Pages |
Author: | Edward O. Thorp, Sheen T. Kassouf |
PDF Size : | 1,675 KB |
Language : | English |
Rights : | edwardothorp.com |
PDF Link : | Available |
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Beat The Market: A scientific stock market system Book
One of our millionaire friends saw his equity in the market shrink from $1 million to $400,000 during the 1966 crash. He then invested $20,000 with us. After he got a glimmer of the method from the trade slips, he commented that it was a “sure thing.”
He accepted our estimate that it would most probably take about four or five years to expand his $400,000 to $1 million again. This was too slow for him. In his heart, he believed that this market that had so quickly sliced his $1 million to $400,000 would just as quickly give it back again.
He was not the owner now of a mere $400,000, but rather of $1 million that was whimsically imprisoned and that must soon be returned to him. To get his $1 million back he would have to invest his money himself, presumably by the same amazing methods that had recently been so costly.
Beat The Market: A scientific stock market system PDF
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