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Gambling With an Edge - guest William Ziemba

Gambling With an Edge

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How to Short a Lot of Candidates

Biden or Harris would be the next president, but we don't know this Several years from now etc. In these kind of bets, it's actually optimal to do shorting of a lot of them and not going long the so-called ones with an advantage. What you what you really want is to win all the shorts and then have one of the ones that was the winner type that's by their or or Harris in this case actually win the election. So and I have about 25 short so that's that's one way of doing that of betting on that kind of thing That's kind of a certain type of risk arbitrage.

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