203: Bob Bright – The Pursuit of Edge

1:16:16
 
Share
 

Manage episode 272305051 series 65504
By Aaron Fifield. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Casino floor or trading floor, Bob Bright has forever sought an edge for favorable odds…

Counting cards in Las Vegas at blackjack tables, calculating three-way options at the Pacific Exchange, pairs trading correlated stocks, exploiting the tracking error of leveraged ETFs; Bob’s always pursued a mathematical advantage to win the game.

Also considered by many as a pioneer of proprietary trading, Bob and a partner formed Bright Trading in 1992—at its peak, the firm was home to 490-traders across 42-offices in the U.S.

Today, at 80-years of age and undoubtedly a market legend, Bob remains an active trader and a serious high stakes poker player.

Learn more about your ad choices. Visit megaphone.fm/adchoices

239 episodes