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Predicting how many wins WFU will have in football next year (a statistics lesson)Blogger So Dear (blog)He has a day job, but he makes his living betting sports like a day trader plays the stock market, complete with a healthy dose of arbitrage. Every year since my freshman year of college, we’ve gotten together and broken down the upcoming season, .

Morgan Stanley to Lose Highly Secretive, and Colorful, TraderBloombergPDT makes most of its money using statistical arbitrage, or stat-arb, former Morgan Stanley employees say. When PDT’s research suggests that a stock is temporarily overpriced based on its trading history, the group bets against it while piling into .and more »

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