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

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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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9780525953647
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 Update2020-12-05 04:16:59AM
Last Indexed2020-12-05 04:43:22AM
Novelist Primary ISBN9780385368582

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authorJoe Peta
author_displayJoe Peta
available_at_aacplBroadneck Library
Online OverDrive Collection
collection_aacplADULT
detailed_location_aacplBroadneck Library - Nonfiction
Online OverDrive Collection
display_descriptionAn 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.
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Books
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ideddae885-f2a5-83cb-0a27-cd14d98b123a
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literary_formNon Fiction
literary_form_fullNon Fiction
local_callnumber_aacpl796.357 P
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owning_library_aacplAnne Arundel County Public Library
Anne Arundel County Public Library Online
owning_location_aacplBroadneck Library
Online OverDrive Collection
primary_isbn9780525953647
publishDate2013
record_details
Bib IdFormatFormat CategoryEditionLanguagePublisherPublication DatePhysical Description
ils:a990807BookBooksEnglishDutton, c2013.viii, 369 p. : charts ; 24 cm.
overdrive:06a35ea6-3f69-4922-82bc-20180cf5147deAudiobookAudio BooksEnglishPenguin Random House Audio Publishing Group2013
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Bib IdItem IdGrouped StatusStatusLocally OwnedAvailableHoldableBookableIn Library Use OnlyLibrary OwnedHoldable PTypesBookable PTypesLocal Url
ils:a99080731997081723421On ShelfOn Shelffalsetruetruefalsefalsetrue
overdrive:06a35ea6-3f69-4922-82bc-20180cf5147d1Available OnlineAvailable Onlinefalsetruetruefalsefalsetrue
subject_facetBaseball
Gambling
Wall Street (New York, N.Y.)
title_displayTrading bases : a story about Wall Street, gambling, and baseball (not necessarily in that order ) :
title_fullTrading Bases A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order)
Trading bases : a story about Wall Street, gambling, and baseball (not necessarily in that order ) : Joe Peta
title_shortTrading bases
title_subA Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order)
topic_facetBaseball
Gambling
Nonfiction
Sports & Recreations