# Claude Shannon posted November 2013

Learning about Shannon's theorem in class I got curious and googled the guy.

One extract I found interesting in his wikipedia biography :

Shannon and his wife Betty also used to go on weekends to Las Vegas with M.I.T. mathematician Ed Thorp, and made very successful forays in blackjack using game theory type methods co-developed with fellow Bell Labs associate, physicist John L. Kelly Jr. based on principles of information theory. They made a fortune, as detailed in the book Fortune's Formula by William Poundstone and corroborated by the writings of Elwyn Berlekamp, Kelly's research assistant in 1960 and 1962. Shannon and Thorp also applied the same theory, later known as the Kelly criterion, to the stock market with even better results. Claude Shannon's card count techniques were explained in Bringing Down the House, the best-selling book published in 2003 about the MIT Blackjack Team by Ben Mezrich. In 2008, the book was adapted into a drama film titled 21.

Apart for inventing most of cryptography concepts, and doing chess IA, he also made a fortune from gambling and playing with stocks. Interesting.

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