Trading Bases
Trading Bases
Joe Peta
Bill Miller
If you have not read [this book] you should. - Bill Miller
Michael Mauboussin
GREAT read. Helps that many themes overlap with The Success Equation. - Michael Mauboussin
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2
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Trading Bases

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

Joe Peta
By
Joe Peta
4.0
100
ratings on Goodreads

In "Trading Bases," Joe Peta merges the high stakes world of professional trading with the passion and intricacies of Major League Baseball, crafting a narrative that is as insightful as it is riveting. After a devastating injury and the double blow of losing his job amidst the economic turmoil following the fall of Lehman Brothers, Peta turns to baseball, not just for solace but as a new frontier for applying his exceptional risk-analysis skills. With a blend of the analytical genius of "Moneyball" and the thrill of Wall Street trading, Peta sets out to beat the Vegas odds, creating a baseball "hedge fund" that yields an astonishing 41 percent return in its inaugural year. His journey is not just about the numbers, but a testament to the resilience and innovation that emerges from the crossroads of adversity. Through a captivating narrative, Peta takes readers from the trading floors and sports bars of New York to the vibrant ballparks and bustling sports books of Vegas, offering a backstage pass to the strategy behind his bets. "Trading Bases" is more than a story about baseball statistics or financial markets; it's a deeply human story of overcoming odds and finding redemption through America's favorite pastime. Peta's approach to predicting MLB performance by stripping away "cluster luck" and treating the sport like a stock market is not only a testament to his analytical prowess but also to his unwavering belief in the power of critical reasoning, risk management, and, above all, baseball. This book is a compelling read for anyone captivated by the beauty of applying logic to chaos, be it on the diamond or the trading floor.

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Released
2013
5 Mar
Length
384
Pages

2

recommendations

recommendation

If you have not read [this book] you should. - Bill Miller
GREAT read. Helps that many themes overlap with The Success Equation. - Michael Mauboussin
— Joe Peta, Trading Bases

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