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

$19.81
FREE shipping on orders $35 +
If your order totals $35 or more and you select Value shipping, this item and any other qualifying items ship for free!
FREE pickup
Loading options...
Sold by Walmart.com

FREE shipping available

 on $35+ orders
 

Shipping

Showing options for 20147
Type
Arrives
Cost
Value
Data unavailable
$4.97
Standard
Data unavailable
$6.97
Expedited
Data unavailable
$8.97
Rush
Data unavailable
$10.97

FREE pickup available

 

Pickup

Showing options for 20147
Location
Buy online for pickup
Hardcover, Dutton Books, 2013, ISBN13 9780525953647, ISBN10 0525953647
Check out these related products

About this item

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 was out of a job. He found a new one but lost that, too, when an ambulance mowed him down. 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 baseball "hedge fund" returned an astounding 41 percent in 2011--and has never been down more than 5 percent. Peta takes readers to the ballpark in San Francisco, trading floors and baseball bars in New York, and sports books in Vegas, all while tracing the progress of his wagers. Often humorous, occasionally touching, and with a wink toward the sheer implausibility of the whole project, Trading Bases is all about the love of critical reasoning, trading cultures, risk management, and baseball. And not necessarily in that order.

About this item

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 was out of a job. He found a new one but lost that, too, when an ambulance mowed him down. 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 baseball "hedge fund" returned an astounding 41 percent in 2011--and has never been down more than 5 percent. Peta takes readers to the ballpark in San Francisco, trading floors and baseball bars in New York, and sports books in Vegas, all while tracing the progress of his wagers. Often humorous, occasionally touching, and with a wink toward the sheer implausibility of the whole project, Trading Bases is all about the love of critical reasoning, trading cultures, risk management, and baseball. And not necessarily in that order.

Specifications

Publisher: Penguin Group USA
Publish Date: Mar 2013
ISBN-13: 9780525953647
ISBN-10: 0525953647
Format: Hardcover
Number of Pages: 369
Shipping Weight (in pounds): 1.25
Product in Inches (L x W x H): 6.0 x 9.75 x 1.25
Show

Customer reviews

Be the first to review this item. Share your rating and review so that other customers can decide if this is the right item for them.

Customer Q&A

Back
Questions & Answers 0 questions

Ask a question

If you would like to share feedback with us about pricing, delivery or other customer service issues, please contact customer service directly.


Q&A tips and guidelines

Q&A Exchange Guidelines

When writing your question or answer, please follow these guidelines:

  • Do: Make sure your question is directly related to the product
  • Do: Be specific and provide as many details as possible
  • Do: Include the model number (if applicable)
  • Do: Write your question in English
  • Do Not: Include personal information (such as your full name)
  • All submitted questions and answers are subject to the terms set forth in our Terms and Conditions

We reserve the right not to post your question or answer if it contains any of the following:

  • Any information not related to the actual merchandise or topic
  • Obscenities, discriminatory language or other language not suitable for a public forum
  • Advertisements or “spam” content
  • Email addresses, physical addresses or other forms of contact information
  • Critical or spiteful comments on other questions or answers posted on the page or their authors
  • Any imagery that demonstrates incorrect use of the merchandise
  • Anything that Walmart deems to be inappropriate, at Walmart's discretion

Provide as many details as possible, including the model number (if applicable).

Remember: Don’t include personal information (such as your full name).


Preview Question

Walmart does not sponsor, recommend or endorse any third party product or service, or any customer ideas or advice.

Thank you.

Questions will be checked against our question guidelines and posted within five to seven business days.

Policies & Plans

See any care plans, options and policies that may be associated with this product.

Gifting plans

The following available options may be selected during checkout:
Gift message: Add a personal note that we'll include with your gift.
Gift receipt: When you add other gift options, we'll include a receipt that keeps the price a secret but makes it easy to exchange or return an item.

Pricing policy

About our prices
We’re committed to providing low prices every day, on everything. So if you find a current lower price from an online retailer on an identical, in-stock product, tell us and we’ll match it. See more details at Online Price Match.