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Trading Bases: How a Wall Street Trader Made a Fortune Betting on Baseball

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Trading Bases: How a Wall Street Trader Made a Fortune Betting on Baseball

An exâ‚¬â€œWall Street trader improved on Moneyballâ‚¬s famed sabermetrics and beat the Vegas odds with his own betting methods. Here is the story of how Joe Peta turned fantasy baseball into a dream come true.
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Joe Peta turned his back on his Wall Street trading career to pursue an ingeniousâ‚¬"and incredibly riskyâ‚¬"dream. He would apply his risk-analysis skills to Major League Baseball, and treat the sport like the S&P 500.
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In Trading Bases, Peta takes us on his journey from the ballpark in San Francisco to the trading floors and baseball bars of New York and the sportsbooks of Las Vegas, telling the story of how he created a baseball â‚¬Å“hedge fundâ‚¬Â with an astounding 41 percent return in his first year. And he explains the unique methods he developed.
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Along the way, Peta provides insight into the Wall Street crisis he managed to escape: the fragility of the midnineties investment model; the disgraced former CEO of Lehman Brothers, who recruited Peta; and the high-adrenaline atmosphere where million-dollar sports-betting pools were common.
Country USA
Brand BERKLEY
Manufacturer Berkley
Binding Paperback
ItemPartNumber Illustrated
Color Black
ReleaseDate 2014-03-04
UnitCount 1
EANs 9780451415172