This is my paraphrase, not his exact wording. He says this around 32min mark. The host asked him, what is the single most important piece of advice he would give someone. Ed responded, "What I learned from giving people important advice, they don't take it." (after laughter from audience, he explains): People have to test things out, and internalize for themselves before they can absorb important advice and be able to use it. A quick story about who Edward Thorp is, and why you should pay attention to what he says. One time at a party he asked Richard Feynman (Nobel prize physicist) if it was possible to beat the casino at the roulette wheel. Feyman said it was impossible. Normally, when a genius tells you something is not possible you believe him. Thorpe didn't believe him, and went on to team up with another genius Claude Shannon (father of the Digital communication industry, he invented the theory behind digital computers before there was even computer hardware!...
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