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TonyC
Nuclear Energy Trader

Total Posts: 1312
Joined: May 2004
 
Posted: 2019-09-15 18:03
I seem to recall that Aaron had an example of hedging out a baseball bet through time along a 9 level Cox Ross Rubinstein tree. no talks of stock strikes or volatility etc. just the progression of a game through 9 innings and how one would bet during each inning to stay hedged. a truly understandable analogy for the uninitiated.

I can't seem to find the article anywhere. googling "Aaron Brown baseball" gets me results for some kid from Vanderbilt thats now in the majors, adding "aaron brown baseball option tree" to the search string doesn't help.

anybody remember this article of Arron's and where it mightve been published (perhaps not an article, perhaps a few paragraphs in a book?}




flaneur/boulevardier/remittance man/energy trader

Maggette


Total Posts: 1156
Joined: Jun 2007
 
Posted: 2019-09-15 18:06
Not exactly sure, but I think to recall it wasn't an article but an example in his first book "Porkerface Of Wall Street"?

Ich kam hierher und sah dich und deine Leute lächeln, und sagte mir: Maggette, scheiss auf den small talk, lass lieber deine Fäuste sprechen...

gmetric_Flow


Total Posts: 20
Joined: Oct 2016
 
Posted: 2019-09-15 21:40
@Maggette is right, Aaron explores this for games in a baseball series in the chapter on risk denial in The Poker Face of Wall Street.

TonyC
Nuclear Energy Trader

Total Posts: 1312
Joined: May 2004
 
Posted: 2019-09-15 22:48
> "Porkerface Of Wall Street"?

the PORKER face of Wall Street? Is this an oblique reference to my recent 60lb yo-yo dieting? ... Maggette I didn't know you could be so cruel :worship

flaneur/boulevardier/remittance man/energy trader

Maggette


Total Posts: 1156
Joined: Jun 2007
 
Posted: 2019-09-16 05:08
I could pretend it was a typo....but I am just an evil bastardEvil Grin

Ich kam hierher und sah dich und deine Leute lächeln, und sagte mir: Maggette, scheiss auf den small talk, lass lieber deine Fäuste sprechen...
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