Trading Bases: A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order) Audiobook | Joe Peta | Audible.com
We are currently making improvements to the Audible site. In an effort to enhance the accessibility experience for our customers, we have created a page to more easily navigate the new experience, available at the web address www.audible.com/access.
Trading Bases: A Story About Wall Street, Gambling, and Baseball (Not Necessarily in That Order) | [Joe Peta]

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

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, Peta started watching baseball again. That’s when inspiration hit: Why not apply his outstanding risk-analysis skills to improve on sabermetrics, the method made famous by Moneyball?
Regular Price:$28.00
  • Membership Details:
    • First book free with 30-day trial
    • $14.95/month thereafter for your choice of 1 new book each month
    • Cancel easily anytime
    • Exchange books you don't like
    • All selected books are yours to keep, even if you cancel
  • - or -

Your Likes make Audible better!

'Likes' are shared on Facebook and Audible.com. We use your 'likes' to improve Audible.com for all our listeners.

You can turn off Audible.com sharing from your Account Details page.

OK

Publisher's Summary

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 listeners 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.

Download the accompanying reference guide.

©2013 Joe Peta (P)2013 Random House Audio

What Members Say

Average Customer Rating

3.9 (32 )
5 star
 (11)
4 star
 (13)
3 star
 (3)
2 star
 (5)
1 star
 (0)
Overall
4.0 (28 )
5 star
 (11)
4 star
 (10)
3 star
 (3)
2 star
 (3)
1 star
 (1)
Story
4.0 (27 )
5 star
 (9)
4 star
 (11)
3 star
 (4)
2 star
 (3)
1 star
 (0)
Performance
Sort by:
  •  
    Holley st louis, MO, United States 03-28-13
    Holley st louis, MO, United States 03-28-13 Member Since 2006
    HELPFUL VOTES
    23
    ratings
    REVIEWS
    18
    9
    FOLLOWERS
    FOLLOWING
    1
    0
    Overall
    Performance
    Story
    "Fascinating"

    Captured from the first chapter. Great baseball insights. I do not gamble but the complexity of the analysis had many applications.

    1 of 1 people found this review helpful
  •  
    Benjamin mexico city, Mexico 02-28-14
    Benjamin mexico city, Mexico 02-28-14 Member Since 2013

    Say something about yourself!

    HELPFUL VOTES
    1
    ratings
    REVIEWS
    18
    17
    FOLLOWERS
    FOLLOWING
    1
    1
    Overall
    Performance
    Story
    "Interesting baseball book for fans and gamblers"
    Would you recommend this audiobook to a friend? If so, why?

    I have recommended it to my brothers and family. Every stock broker can learn something from this book.


    What did you like best about this story?

    The casual baseball stories Joe Peta tells.


    Which scene was your favorite?

    His daughters first baseball game.


    Did you have an extreme reaction to this book? Did it make you laugh or cry?

    Some moments made me laugh and other made me sad. Baseball has that effect on people. This guy knows baseball and transmits it clearly.


    0 of 0 people found this review helpful
  •  
    Jerry Highland Park, Il, United States 04-14-13
    Jerry Highland Park, Il, United States 04-14-13 Member Since 2010

    FredAllen

    HELPFUL VOTES
    17
    ratings
    REVIEWS
    29
    14
    FOLLOWERS
    FOLLOWING
    2
    0
    Overall
    Performance
    Story
    "Listening to a phone book"

    We always hear this phrase about a good narrator that he's so good we could listen to him/her read a phone book. Well now's your chance. This book is mostly the reading of tables like baseball lineups and standings or computations of probable wins.

    What editor thought this would be a good idea?

    I want my money back.

    1 of 2 people found this review helpful
  • Showing: 1-3 of 3 results

    There are no listener reviews for this title yet.

Report Inappropriate Content

If you find this review inappropriate and think it should be removed from our site, let us know. This report will be reviewed by Audible and we will take appropriate action.

CANCEL

Thank You

Your report has been received. It will be reviewed by Audible and we will take appropriate action.