Trading Bases Trading Bases

Trading Bases

How a Wall Street Trader Made a Fortune Betting on Baseball

    • 4.4 • 57 Ratings
    • $13.99
    • $13.99

Publisher Description

An ex–Wall Street trader improved on Moneyball’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.
 
Joe Peta turned his back on his Wall Street trading career to pursue an ingenious—and incredibly risky—dream. He would apply his risk-analysis skills to Major League Baseball, and treat the sport like the S&P 500.
 
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 “hedge fund” with an astounding 41 percent return in his first year. And he explains the unique methods he developed.
 
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.

GENRE
Sports & Outdoors
RELEASED
2013
March 7
LANGUAGE
EN
English
LENGTH
384
Pages
PUBLISHER
Penguin Publishing Group
SELLER
PENGUIN GROUP USA, INC.
SIZE
3.3
MB

Customer Reviews

chamburglar ,

Amazing

Absolutely amazing !!! Whether you love baseball, analytics, or sports gambling this book is definitely for you!

105forace ,

Trading Bases

As with nearly all books about gambling he writes a lot without saying anything.

Baseball Book Fan ,

Trading Bases, A Story About Wall Street, Gambling, and Baseball

Easily one of the most surprisingly charming books I've ever read written by an ex-Wall Street trader. I never would have bought without a friend's urging. It's very funny and at the same time captures a love of baseball all wrapped in a story about using data on Wall Street and in baseball to make money. Don't be fooled by the crass subjects -- this is a very entertaining book written by someone on Wall Street I think I'd actually enjoy drinking beers and watching sports with.

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