> Or take Ed Thorp, who invented the option pricing model and quietly traded on it for years until Black-Scholes published a similar formula and won a Nobel Pri

> Or take Ed Thorp, who invented the option pricing model and quietly traded on it for years until Black-Scholes published a similar formula and won a Nobel Prize Hardly quietly. Thorpe published "Beat the Market" in 1967 detailing his formulae, six years before Black Scholes won the Nobel.