203: Bob Bright The Pursuit of Edge

Published: Sept. 18, 2020, 7:51 a.m.

Casino floor or trading floor, Bob Bright has forever sought an edge for favorable odds\u2026\nCounting 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\u2019s always pursued a mathematical advantage to win the game.\nAlso considered by many as a pioneer of proprietary trading, Bob and a partner formed Bright Trading in 1992\u2014at its peak, the firm was home to 490-traders across 42-offices in the U.S.\nToday, at 80-years of age and undoubtedly a market legend, Bob remains an active trader and a serious high stakes poker player.\nLearn more about your ad choices. Visit megaphone.fm/adchoices