View Full Version : Chat with Traders podcast

08-10-2017, 07:21 PM
I really like the site Chat With Traders .com.

Andrew Fiefield has interviewed Ed Thorp, Brett Hull, Bill Ziemba recently.

If you are a horse racing fan you know that Bill Ziemba wrote the book, "Dr. Z's Beat The Racetrack".

Here is a link to his interview with chat with traders:


Here is his bio and the topics discussed:

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…

Topics of discussion:
•William speaks about his research into calendar anomalies, what causes anomalies to exist, and how William’s bet on a real-life stock market anomaly for many years.
•Characteristics of using Kelly Criterion as a formula for position sizing, situations where it may be preferable to use half-Kelly, a word of caution about overbetting.
•Why many successful traders come from a gambling background, William’s experience in horse racing, and is it easier to make money in sports betting?


I'm going to post this in one of the horse racing forum's also. Different audiences.