Trading Bases
Joe Peta
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Buy *Trading Bases: A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order)* by Joe Petaonline

Trading Bases: A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order)
Joe Peta
Dutton
Hardcover
368 pages
March 2013
rated 4 of 5 possible stars

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Joe Peta is a longtime Wall Street trader who analyzed sports in the same way he looked at finances, creating a market investment model for the 2011 Major League Baseball season. He treated the MLB as if it were a name on the S&P 500 index and focused in on those teams with a string of bad luck and players with overall talent. He made projections and used these figures to figure out who was going to win--and lose.

If it sounds extraordinary, it is. Peta had been working for Lehman Brothers when the bottom fell out of global economics. He was seriously injured when a FDNY ambulance hit him. Laid up with nothing to do, he turned his attention to sports. What he brought with him was an attitude of the game based on the knowledge he'd gleaned from the high-pressure world of trading stocks. Think Casino meets Moneyball.

This is an extraordinary account of the man who predicted correctly 41.03% of the time from opening day to the final game of the World Series in 2011--that is, he earned an astonishing 41% on the bets he placed. It's all here and you will be amazed.



Originally published on Curled Up With A Good Book at www.curledup.com. Steven Rosen, 2013

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