4 ms·
These guys did it: Walsh and Ranogajec took on the might of global gaming markets and managed to consistently win over three decades. Much like the most advanc
by rukuu001 6y ago
These guys did it:
Walsh and Ranogajec took on the might of global gaming markets and managed to consistently win over three decades. Much like the most advanced hedge funds, which employ armies of PhDs to identify patterns in financial markets, Walsh and Ranogajec’s consortium, called the Bank Roll, created statistical models that allowed them to exploit mispricings in betting odds wherever they could be found
https://www.afr.com/opinion/david-walsh-s-wisdom-beats-the-odds-20131214-ij8gn https://www.afr.com/opinion/david-walsh-s-wisdom-beats-the-o...