Trading Bases

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Trading Bases

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1kcshankd
Jan. 21, 2014, 1:17 pm

I picked Trading Bases 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.