Can you really make money sports betting on low-risk, high-probability events? Topics covered include: Show Notes How Do Betting Odds Work? by OC Staff—oddschecker Senate Commerce Committee Wants Answers on NBA Gambling Scandal—Senate Commerce Committee "US sports betting crisis grows as MLB’s Clase and Ortiz indicted over alleged rigged pitches" by Tom Lutz—The Guardian ESPN Will Not Let Failure Push It Out Of The Gambling Business by Chris Thompson—Defector 22% of … [Read more...]
432: Are the Economy and Financial Markets Zero-Sum Games?
Does there need to be a loser for every winner when it comes to investing and economic growth? Topics covered include: Show Notes Zero-Sum Game by Eric Nielsen—Richmond Fed The Arithmetic of Active Management by William F. Sharpe—The Financial Analysts' Journal With the Odds on Their Side, They Still Couldn’t Beat the Market by Jeff Sommer—The New York Times International Diversification—Still Not Crazy after All These Years by Cliff Asness, Antti Ilmanen, and Daniel … [Read more...]
