ELEMENTARY PROBABILITY EDWARD THORP PDF

A: One good stroke of good fortune was meeting Warren Buffett in It does about as well with no current taxes to pay. VTSAX has dividends that are taxed annually. I also have some hedge funds, but I consider them not as good as Berkshire, so I use them to spend and finance other things I do.

Author:Mikagami Kazigrel
Country:Saint Kitts and Nevis
Language:English (Spanish)
Genre:Personal Growth
Published (Last):16 August 2012
Pages:360
PDF File Size:8.62 Mb
ePub File Size:12.43 Mb
ISBN:553-8-56222-493-8
Downloads:45469
Price:Free* [*Free Regsitration Required]
Uploader:Daishura



A: One good stroke of good fortune was meeting Warren Buffett in It does about as well with no current taxes to pay. VTSAX has dividends that are taxed annually. I also have some hedge funds, but I consider them not as good as Berkshire, so I use them to spend and finance other things I do.

Q: Why not go out and find better investments, as you did in the past? At 85, the marginal value of time is higher and the marginal value of money is lower. Q: There are a lot of quant funds in the market today.

Is there so much competition that the inefficiencies, which at one time you would have exploited, are gone? The quant funds trawl through massive amounts of data. Take, for instance, the fact that some companies buy back stock intelligently and some do it very stupidly.

Many closed-end funds are in exactly the situation I just described. Q: What do you think of stocks? A: Stocks today are on the high side and will be hurt as rates rise. We are probably late in this cycle.

A: That the best thing you can do for yourself is to educate yourself to think clearly and rationally. It helps to have math or science or logical training. The next is to be widely read and curious. If you are that way, you have so much more to use in terms of tools.

I also have my own, and one of my favorites is to understand externalities [spillover effects from other economic activity]. For example, if I buy fire insurance for my house, my neighbor is a little safer. Another one is guns. Gun dealers make a lot of money, their clients go out and kill people, and society pays huge costs. Externalities are a good way to start analyzing problems. A lot of problems go away if you make people who distribute negative externalities pay the consequences.

Automobiles kill about 35, people a year. If you want to drive a car, you need a license, some training, and also insurance if your car does damage. People have to be accountable for their guns, just like cars. If your car is stolen, you are expected to report it. What do you think the insurance would be for an AR? It would be very high. A: I think rationally and clearly about how to slow aging. I started running marathons when I was I spend five hours a week in vigorous walking or easy jogging.

I work out with a trainer twice a week. I feel I should do more. I have a body-mass index of 22 and am comfortable there. I try to eat semi-intelligently. I have never smoked. It has got to be one of the stupidest things. You should think about your overall health and fitness plan. You are your own best health manager. Get started by telling yourself: Some is better than none, and more is better than less. Q: Thanks, Ed. He gave us a detailed description of his health regime. Physical a.

Weight-bearing such as hiking, running, walking helps bone density. Weight training. Critical for overall strength and to avoid bone loss d. Balance is important to maintain--many older people are done in from falls. Keep an exercise log. Eat low fat. Consume fresh fruit, vegetables. Avoid refined sugar, especially fructose, and worthless starches like white rice and mashed potatoes. Control your weight and cholesterol.

Keep your weight down, with a body mass index of less than 23 if possible. Pick a weight target. Weigh yourself regularly. Write it down whether you like the number or not. Keep your total cholesterol below , preferably below Watch your belly fat. A potbelly reduces longevity because the fat exudes substances that injure your organs. Avoid too much alcohol. One to two drinks maximum and not daily. Reduce stress. There are lots of tricks for this. Get regular checkups and tests. You need access to good doctors and medical coverage.

Be proactive. If you have a problem, deal with it soon before it gets worse. Get vaccinations. All the standard ones plus Hep-A and B; pneumonia. Get bone density tests and other baseline measurements. Get a flu shot every year and as early as possible for maximum protection.

Lots of smart people I know neglect this. Take supplements. This can be hard on the kidneys. Take a drug holiday and go off for a week or so occasionally. And limit supplements to ones you can make a strong case for. Avoid unnecessary risks, such as motorcycles, on-road bicycling, second- and third-world airlines, autos with low safety ratings, certain extreme sports, eating Gulf seafood.

VEJIGA NEUROGENICA PEDIATRIA PDF

Edward O. Thorp

Neshura Senthil marked it as to-read May 29, Mountainking added it Dec 28, Just a moment while we sign you in to your Goodreads account. He is the author of Beat the Dealer, the first book to mathematically prove, inthat the house advantage in blackjack could be overcome by card counting. Brad marked it as to-read May 13, To see what your friends thought of this book, please sign up. Gabriel Pinkus marked it as to-read Jul 27, Hudson Hackett marked it as to-read Nov 25, Shree Nadkarni marked it as to-read Feb 12, Goodreads helps you keep track of books you want to edwarv.

BLUEBELLS OF SCOTLAND TROMBONE SHEET MUSIC FREE PDF

ELEMENTARY PROBABILITY THORP PDF

.

Related Articles