Free Trading Bases: A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order) PDF Format
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Read Trading Bases: A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order) book online now. You also can download other books, magazine and also comics. Get online Trading Bases: A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order) today. Are you Looking Download or read Trading Bases: A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order) for free..? enjoy it.
An ex-Wall Street trader improved on Moneyball's famed sabermetrics to place bets that would beat the Vegas odds on Major League Baseball games - with a 41 percent return in his first year. Trading Bases explains how he did it. After the fall of Lehman Brothers, Joe Peta was out of a job. He found a new one but lost that, too, when an ambulance mowed him down. In search of a way to cheer himself up while he recuperated in a wheelchair, Peta started watching baseball again, as he had growing up. That's when inspiration hit: Why not apply his outstanding risk-analysis skills to improve on sabermetrics, the method made famous by Moneyball - and beat the only market in town, the Vegas betting line? Why not treat MLB like the S&P 500? In Trading Bases, Peta shows how to subtract luck - in particular "cluster luck", as he puts it - from a team's statistics to best predict how it will perform in the next game and over the whole season. His baseball "hedge fund" returned an astounding 41 perce
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Read Trading Bases: A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order) book online now. You also can download other books, magazine and also comics. Get online Trading Bases: A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order) today. Are you Looking Download or read Trading Bases: A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order) for free..? enjoy it.
An ex-Wall Street trader improved on Moneyball's famed sabermetrics to place bets that would beat the Vegas odds on Major League Baseball games - with a 41 percent return in his first year. Trading Bases explains how he did it. After the fall of Lehman Brothers, Joe Peta was out of a job. He found a new one but lost that, too, when an ambulance mowed him down. In search of a way to cheer himself up while he recuperated in a wheelchair, Peta started watching baseball again, as he had growing up. That's when inspiration hit: Why not apply his outstanding risk-analysis skills to improve on sabermetrics, the method made famous by Moneyball - and beat the only market in town, the Vegas betting line? Why not treat MLB like the S&P 500? In Trading Bases, Peta shows how to subtract luck - in particular "cluster luck", as he puts it - from a team's statistics to best predict how it will perform in the next game and over the whole season. His baseball "hedge fund" returned an astounding 41 perce
