Wednesday, February 20, 2013

Book Review: Trading Bases: A Story About Wall Street, Gambling, and Baseball

Trading Bases: A Story About Wall Street, Gambling, and Baseball (Not necessarily in that order) is an upcoming book by Joe Peta, a former Wall Street trader and lifelong baseball fan. After getting hit by an ambulance (!) Peta had to take some time away from his trading career and decided to focus apply his Wall Street tactics to gambling on baseball.

It was Peta’s theory that he could concoct a model similar to what he used while employed with Lehman Brothers to produce better outcomes than the Vegas “experts,” and the book details the results during the 2011 season.

While Trading Bases can get a little numbers heavy at times, Peta keeps it interesting with anecdotes from his youth as a Phillies fan from just outside Philadelphia, his career on Wall Street and his time as a writer while attending Stanford. Peta certainly has the chops to make a sabermetrically-based book interesting and he does just that.

If you’re a fan of Moneyball or happen to visit Baseball Reference daily, this is definitely the book for you. And even if you’re not a “stats geek” or a gambler, you’ll find Peta’s Trading Bases an appealing read.

Trading Bases: A Story About Wall Street, Gambling, and Baseball (Not necessarily in that order) hits shelves March 7, 2013.

(Image courtesy Barnes & Noble)

1 comment:

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