He has a degree from MIT and cut his teeth as a trader at Susquehanna International Group. Yet the former co-head of Alameda Research made it clear that poker and black-jack tables were where he honed the gambler’s instincts he applied to cryptocurrency trading.
“Bigger is Bigger (when Betting is Better),” he wrote in a Jan. 12, 2021, tweet thread explaining how gambling strategies were applied to Alameda’s trades. “Getting it in good is a poker term referring to the idea that, when your odds are best.... you wanna bet more.” It was the same series of posts in which Trabucco bragged that he may -- or may not -- have been banned from three casinos.
Source:
https://www.bloomberg.com/news/artic...ies-in-trading
