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Trading Bases: A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order)

Book Cover
Average Rating
Author:
Publisher:
Books on Tape
Pub. Date:
2013
Language:
English
Description
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 percent in 2011—and has never been down more than 5 percent. Peta takes listeners to the ballpark in San Francisco, trading floors and baseball bars in New York, and sports books in Vegas, all while tracing the progress of his wagers. Often humorous, occasionally touching, and with a wink toward the sheer implausibility of the whole project, Trading Bases is all about the love of critical reasoning, trading cultures, risk management, and baseball. And not necessarily in that order.
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ISBN:
9780385368582
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Grouping Information

Grouped Work IDeddae885-f2a5-83cb-0a27-cd14d98b123a
Grouping Titletrading bases a story about wall street gambling and baseball not necessarily in that order
Grouping Authorjoe peta
Grouping Categorybook
Grouping LanguageEnglish (eng)
Last Grouping Update2022-10-07 04:07:48AM
Last Indexed2022-10-07 04:43:00AM

Solr Fields

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0
accelerated_reader_reading_level
0
author
Peta, Joe
author_display
Peta, Joe
available_at_aacpl
Online OverDrive Collection
detailed_location_aacpl
Online OverDrive Collection
display_description
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 percent in 2011—and has never been down more than 5 percent. Peta takes listeners to the ballpark in San Francisco, trading floors and baseball bars in New York, and sports books in Vegas, all while tracing the progress of his wagers. Often humorous, occasionally touching, and with a wink toward the sheer implausibility of the whole project, Trading Bases is all about the love of critical reasoning, trading cultures, risk management, and baseball. And not necessarily in that order.
format_aacpl
eAudiobook
format_category_aacpl
Audio Books
eBook
id
eddae885-f2a5-83cb-0a27-cd14d98b123a
isbn
9780385368582
last_indexed
2022-10-07T08:43:00.940Z
lexile_score
-1
literary_form
Non Fiction
literary_form_full
Non Fiction
local_callnumber_aacpl
Online OverDrive
owning_library_aacpl
Anne Arundel County Public Library Online
owning_location_aacpl
Online OverDrive Collection
primary_isbn
9780385368582
publishDate
2013
publisher
Books on Tape
recordtype
grouped_work
title_display
Trading Bases A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order)
title_full
Trading Bases A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order)
title_short
Trading Bases
title_sub
A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order)
topic_facet
Business
Finance
Nonfiction
Sports & Recreations

Solr Details Tables

item_details

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overdrive:06a35ea6-3f69-4922-82bc-20180cf5147d1Online OverDrive CollectionOnline OverDriveeAudiobookAudio Books1falsetrueOverDriveAvailable Online

record_details

Bib IdFormatFormat CategoryEditionLanguagePublisherPublication DatePhysical DescriptionAbridged
overdrive:06a35ea6-3f69-4922-82bc-20180cf5147deAudiobookAudio BooksEnglishBooks on Tape2013

scoping_details_aacpl

Bib IdItem IdGrouped StatusStatusLocally OwnedAvailableHoldableBookableIn Library Use OnlyLibrary OwnedHoldable PTypesBookable PTypesLocal Url
overdrive:06a35ea6-3f69-4922-82bc-20180cf5147d1Available OnlineAvailable Onlinefalsetruetruefalsefalsetrue