Jeff Ma Making Decisions with Data - [Invest Like the Best, EP.151]

Published: Dec. 10, 2019, 10:30 a.m.

b'My guest this week is Jeff Ma. Jeff was on the famous MIT Blackjack team from the book Bringing Down the House but has spent his career in an around fields of analytics and data science. He\\u2019s studied sports betting and analytics, built companies for analyzing human capital, and ran the data science and analytics group at Twitter. Here are links to his book, blog, and podcast. Our discussion is about a number of fascinating ways data is being used to make decisions in the worlds of sports and business. Please enjoy!\\n For more episodes go to InvestorFieldGuide.com/podcast.\\n Sign up for the book club, where you\\u2019ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub.\\n Follow Patrick on Twitter at @patrick_oshag\\n \\xa0\\n Show Notes\\n 1:20 - (First Question) \\u2013 How quantitative analytics have evolved in sports and how they\\u2019re being used\\n 4:26 \\u2013 Best role of humans in the analysis process\\n 8:38 \\u2013 Sports that are most interesting to observe through analytics\\n 10:26 \\u2013 How does luck play into sports analysis\\n 11:54 \\u2013 Team analytics vs better analytics\\n 12:38 \\u2013 Concentration of success among sports betters and their moats\\n 14:58 \\u2013 Favorite lessons learned from professional gamblers\\n 16:45 \\u2013 How analytics got introduced into gambling\\n 19:21 \\u2013 Understanding one\\u2019s own biases\\n 24:04 \\u2013 How he became VP of analytics at Twitter\\n 28:37 \\u2013 Primary lessons from the work evaluating human capital and talent with analytics\\n \\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0\\xa0 28:59 \\u2013 Niel Roberson Podcast Episode\\n 31:40 \\u2013 How to model people for success when hiring\\n 33:29 \\u2013 How to hire the right data scientists\\u2019 team\\n 37:54 \\u2013 Most interesting problems they tackled at twitter\\n 42:31 \\u2013 Responsibility of social platforms to police itself\\n 45:34 \\u2013 Areas that would interest him in the future as an investor\\n 49:24 \\u2013 Kindest thing anyone has done for Jeff\\n 51:50 \\u2013 Values instilled in him by his parents.\\n \\xa0\\n Learn More\\n For more episodes go to InvestorFieldGuide.com/podcast.\\xa0\\n Sign up for the book club, where you\\u2019ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub\\n Follow Patrick on twitter at @patrick_oshag'