A pioneer in quantitative finance and the quantitative revolution in investing, Dr. Edward O. Thorp is an expert in the fields of game theory, functional analysis, probability & statistics, and mathematical finance. He has run successful hedge funds since 1969.
The StoryDr. Edward O. Thorp, PhD
- Founded first quantitative hedge fund
- Co-founded the first market neutral hedge fund
- Principal of the first hedge fund to employ derivative hedging
- Invented card counting in Blackjack
- Pioneered many strategies now routinely used on Wall Street and throughout the hedge fund industry (Option Arbitrage, Warrant Modeling and Convertible Arbitrage, Index Arbitrage, Statistical Arbitrage)
- 44+ year Wall Street veteran
Managing General Partner
- Princeton Newport Partners; Market Neutral Derivatives Hedging
- Ridgeline Partners; Statistical Arbitrage
- Edward O. Thorp & Associates: Family Office & Family FoF
Academic Positions
- University of California, Los Angeles, Instructor
- Massachusetts Institute of Technology, C.L.E. Moore Instructor
- New Mexico State University, Prof. of Mathematics
- University of California, Irvine, Prof. of Mathematics & Finance
Education
- BA Physics, UCLA (1953)
- MA Physics, UCLA (1955)
- PhD Mathematics, UCLA (1958)
