Sep 212013
 

An ex-Wall Street trader improved on Moneyball's famed sabermetrics to place bets that would beat the Vegas odds on Major League Baseball games--with a 41 percent return in his first year. Trading Bases explains how he did it. After the fall of Lehman Brothers, Joe Peta needed a new employer. He found a new job in New York City but lost that, too, when an ambulance mowed him down as he crossed the street on foot. In search of a way to cheer himself up while he recuperated in a wheelchair, Peta started watching baseball again, as he had growing up. That's when inspiration hit: Why not apply his outstanding risk-analysis skills to improve on sabermetrics, the method made famous by Moneyball--and beat the only market in town, the Vegas betting line? Why not treat MLB like the S&P; 500? In Trading Bases, Peta shows how to subtract luck--in particular "cluster luck," as he puts it--from a team's statistics to best predict how it will perform in the next game and over the whole season. His b
Price:$18.76 (as of October 11, 2013 at 2:22 pm UTC detailsProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on www.amazon.com at the time of purchase will apply to the purchase of this product.)

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Trading Bases: A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order)
Jul 272013
 

Conventional wisdom suggests that markets are efficient, random walks and that stock prices rise and fall with the fundamentals of the company. How then have black-box traders prospered and how do they exploit market inefficiencies? Are their strategies on their last legs or will they adapt to the new landscape amidst the global financial crisis?Chasing the Same Signals is a unique chronicle of the black-box industry's rise to prominence and their influence on the market place. This is not a story about what signals they chase, but rather a story on how they chase and compete for the same signals 
Price:$66.81 (as of July 18, 2015 at 5:11 am UTC detailsProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on www.amazon.com at the time of purchase will apply to the purchase of this product.)

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Chasing the Same Signals: How Black-Box Trading Influences Stock Markets from Wall Street to Shanghai (Wiley Trading)