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Edward O. Thorp
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Edward O. Thorp : ウィキペディア英語版
Edward O. Thorp

Edward Oakley "Ed" Thorp (born August 14, 1932) is an American mathematics professor, author, hedge fund manager, and blackjack player best known as the "father of the wearable computer" after inventing the world's first wearable computer in 1961. He was a pioneer in modern applications of probability theory, including the harnessing of very small correlations for reliable financial gain .
He is the author of ''Beat the Dealer'', the first book to mathematically prove, in 1962, that the house advantage in blackjack could be overcome by card counting.〔Peter A. Griffin (1979) ''The Theory of Blackjack'', Huntington Press, ISBN 978-0929712130〕 He also developed and applied effective hedge fund techniques in the financial markets, and collaborated with Claude Shannon in creating the first wearable computer.〔
Thorp received his Ph.D. in mathematics from the University of California, Los Angeles in 1958, and worked at the Massachusetts Institute of Technology (MIT) from 1959 to 1961. He was a professor of mathematics from 1961 to 1965 at New Mexico State University, and then joined the University of California, Irvine where he was a professor of mathematics from 1965 to 1977 and a professor of mathematics and finance from 1977 to 1982.
==Computer aided research in blackjack==
Thorp used the IBM 704 as a research tool in order to investigate the probabilities of winning while developing his blackjack game theory, which was based on the Kelly criterion, which he learned about from the 1956 paper by Kelly.〔(Understanding Fortune’s Formula by Edward O. Thorp Copyright 2007 ) Quote: "My 1962 book Beat the Dealer explained the detailed theory and practice. The “optimal” way to bet in favorable situations was an important feature.
In Beat the Dealer I called this, naturally enough, “The Kelly gambling system,” since I learned about it from the 1956 paper by John L. Kelly."〕〔(THE KELLY CRITERION IN BLACKJACK, SPORTS BETTING, AND THE STOCK MARKET by Edward O. Thorp Paper presented at: The 10th International Conference on Gambling and Risk Taking Montreal, June 1997 )〕〔Discovery channel documentary series: ''Breaking Vegas,'' Episode: "Professor Blackjack" with interviews by Ed and Vivian Thorp〕〔(The Tech (MIT) ) "Thorpe, 704 Beat Blackjack" Vol. 81 No. I Cambridge, Mass., Friday, February 10, 1961〕 He learned Fortran in order to program the equations needed for his theoretical research model on the probabilities of winning at blackjack. Thorp analyzed the game of blackjack to a great extent this way, while devising card-counting schemes with the aid of the IBM 704 in order to improve his odds, especially near the end of a card deck that is not being reshuffled after every deal.

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