Trading Bases by Joe Peta

Trading Bases by Joe Peta

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.

After earning an MBA from Stanford's Graduate School of Business, Joe Peta was a Wall Street market maker and hedge fund stock trader for fifteen years, but he was a sports bettor for even longer. A lifelong baseball fan, he lives in San Francisco with his wife and two daughters.

SKU	Unavailable
ISBN 13	9780451415172
ISBN 10	0451415175
Title	Trading Bases
Author	Joe Peta
Condition	Unavailable
Binding Type	Paperback
Publisher	Penguin Putnam Inc
Year published	2014-03-04
Number of pages	384
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note	Unavailable