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b"Dr. William Ziemba\\u2019s an academic, a practitioner, gambler, trader and an author. He\\u2019s worked with and consulted to many well-respected names in the field, such as; Edward Thorp, Blair Hull and the very successful horse bettor, Bill Benter.\\nIn the beginning, horse betting was William\\u2019s field of expertise (he even published a book titled, Beat The Racetrack!) And in many ways, for William, horse betting worked as a gateway to trading financial markets\\u2014which he\\u2019s been doing since 1983.\\nNow in current times, William manages a fund; Alpha Z Advisors\\u2014which started trading in July 2013 and as of May 2017, has returned 527%.\\nMuch of William's trading revolves around calendar anomalies, arbitrage strategies and behavioral biases. We spend a good amount of time discussing these few things, plus William shares one anomaly he's been trading for many years.\\nIn the later part of this episode, we also talk about position sizing, the Kelly Criterion and finally, horse racing.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"