36 min listen
137: Dr. William Ziemba – The Horse Bettor Exploiting Anomalies in Financial Markets
137: Dr. William Ziemba – The Horse Bettor Exploiting Anomalies in Financial Markets
ratings:
Length:
81 minutes
Released:
Aug 9, 2017
Format:
Podcast episode
Description
Dr. William Ziemba’s an academic, a practitioner, gambler, trader and an author. He’s worked with and consulted to many well-respected names in the field, such as; Edward Thorp, Blair Hull and the very successful horse bettor, Bill Benter. In the beginning, horse betting was William’s field of expertise (he even published a book titled, Beat The Racetrack!) And in many ways, for William, horse betting worked as a gateway to trading financial markets—which he’s been doing since 1983. Now in current times, William manages a fund; Alpha Z Advisors—which started trading in July 2013 and as of May 2017, has returned 527%. Much of William's trading revolves around calendar anomalies, arbitrage strategies and behavioral biases. We spend a good amount of time discussing these few things, plus William shares one anomaly he's been trading for many years. In the later part of this episode, we also talk about position sizing, the Kelly Criterion and finally, horse racing.
Released:
Aug 9, 2017
Format:
Podcast episode
Titles in the series (100)
003: Timothy Sykes – Inside the world of penny stocks and how to profit from market inefficiencies: Penny stocks are a world of their own, and often refereed to as ‘the gutter of the stock market’. But as today’s guest discovered, this world can be an incredibly lucrative one. by Chat With Traders