Very rewarding, enjoyable book but beware it gets quite technical. I had to take notes for a few chapters, and I wouldn’t suggest reading this without a solid grounding in finance.
I picked this up last spring, and am very glad I finally got around to it. The author was a Wall Street stock trader who devised a betting system for baseball games while recuperating from getting hit by an ambulance in a crosswalk.
There was much more about finance and especially the collapse of Lehman Brothers that Peta experienced first hand then I had expected, but it is tied nicely together into a discussion of risk management and gambling.
I was under the impression that the business-MBA world was spreading through baseball - see Jonah Keri's _The Extra Two Percent_ but this book makes the surprising argument that the Moneyball phenomenon could still have a huge positive influence in the trading world of The Street.… (plus d'informations)
Joe Peta a former wall street trader wrote this book about his development of a baseball betting strategy based on his experience as a trader. He claims success based on selecting wagers from an advantage based metrics type approach in essence as one would pick stocks and similar financial wagers.
I skipped through his chapter on the formulation of the strategy as it got a bit technical and wanted to get an overall impression of his wagering experience. I do not doubt he successfully implemented his strategy but for the average person to duplicate his results over the course of a baseball season would be a stretch.
Whether it be sports betting or investing the vagaries and changing conditions within the season or market climate usually calls for constant tweaking and reevaluating which a set formula is unlikely to perform consistently year in, year out. I may be wrong but that is my experience in similar endeavors.… (plus d'informations)
Les membres de LibraryThing améliorent les auteurs en combinant les noms d'auteurs et les œuvres, en séparant les auteurs homonymes en identités distinctes, et bien plus encore.
Ce site utilise des cookies pour fournir nos services, optimiser les performances, pour les analyses, et (si vous n'êtes pas connecté) pour les publicités. En utilisant Librarything, vous reconnaissez avoir lu et compris nos conditions générales d'utilisation et de services. Votre utilisation du site et de ses services vaut acceptation de ces conditions et termes.