Bob Bright's guest appearances

Bob Bright

Chat With Traders

Poker Stories

StockOdds Podcast

The Legends Podcast

Dennis Dick

Michael Mauboussin

Dave Bergstrom

Kenny Glick

Michael Samuels

Andrew Falde

Aaron Fifield

Zach Hurwitz

Steve Burns

David Peters

Dan Smith

Michael Katz

Claude Shannon

Jimmy Soni

Adam Friedman

OwlTail

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

Casino floor or trading floor, Bob Bright has forever sought an edge for favorable odds…Counting 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’s always pursued a mathematical advantage to win the game.Also considered by many as a pioneer of proprietary trading, Bob and a partner formed Bright Trading in 1992—at its peak, the firm was home to 490-traders across 42-offices in the U.S.Today, at 80-years of age and undoubtedly a market legend, Bob remains an active trader and a serious high stakes poker player. Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices" rel="nofollow" target="_blank">megaphone.fm/adchoices</a>

203: Bob Bright – The Pursuit of Edge

Bob Bright is the CEO of Bright Trading, LLC. Bob has a unique mathematical ability, He has always been able to quickly spot the “edge” in any type of game or business. His success began at an early age, playing poker in High School and the Army. He would make many times his monthly salary playing cards. Bob spent several years as an executive for Johns-Manville Corporation. In 1974 he quit his job, packed up his wife and 3 young children, and moved to Las Vegas to become a Professional Blackjack Card Counter. In the next 3-4 years he earned significant amounts from the casinos (worldwide), which resulted in him being “barred” from many venues. He then joined the Pacific Stock Exchange (1978) and began trading computer modeled option strategies, many of which he designed himself from his blackjack math models. In the mid-1980’s he joined the Chicago Mercantile Exchange to trade the S&amp;P Futures and the Chicago Board Options Exchange to trade OEX and listed Options. He learned first hand the art of Arbitrage and made Millions during the 1980’s. Seeing that trading had gone “full circle” with more opportunities in equities trading than derivatives, he and long time friend and trader, Eddie Franco formed Bright Trading in 1992. Since then, Bright Trading has become one of the largest Professional Trading firms in the U.S. with several hundred traders in locations across the U.S. and Canada (and from remote and at-home trading stations).

Bob Bright is the CEO of Bright Trading, LLC. Bob has a unique mathematical ability, He has always been able to quickly spot the “edge” in any type of game or business. His success began at an early age, playing poker in High School and the Army. He would make many times his monthly salary playing cards. Bob spent several years as an executive for Johns-Manville Corporation. In 1974 he quit his job, packed up his wife and 3 young children, and moved to Las Vegas to become a Professional Blackjack Card Counter. In the next 3-4 years he earned significant amounts from the casinos (worldwide), which resulted in him being “barred” from many venues. He then joined the Pacific Stock Exchange (1978) and began trading computer modeled option strategies, many of which he designed himself from his blackjack math models. In the mid-1980’s he joined the Chicago Mercantile Exchange to trade the S&amp;P Futures and the Chicago Board Options Exchange to trade OEX and listed Options. He learned first hand the art of Arbitrage and made Millions during the 1980’s. Seeing that trading had gone “full circle” with more opportunities in equities trading than derivatives, he and long time friend and trader, Eddie Franco formed Bright Trading in 1992. Since then, Bright Trading has become one of the largest Professional Trading firms in the U.S. with several hundred traders in locations across the U.S. and Canada (and from remote and at-home trading stations).

Episode 1: Bob Bright 

Bob Bright has two World Series of Poker Circuit titles, and a few WSOP final-table appearances, but he's best known in the poker world for the time he has spent battling it out at the highest-stakes cash games. Bright, who has been seen on poker shows such as Poker After Dark, is a regular in Ivey's Room at the Aria, spent years playing in Bobby's Room at Bellagio, and has even taken part in the nosebleed stakes games abroad in Manila and Macau. But it was at the blackjack tables that Bright first got his start in Las Vegas. Bright was in his mid-30s, and married with three children when he decided to leave a stable job to play blackjack for a living. The decision paid off, with Bright becoming one of the more successful card counters of that era. After the casinos shut down his action, he dove head first into the stock market. He quickly established himself as one of the nation's top day traders, and later started Bright Trading, which became one of the largest firms in the country with several hundred traders in more than 50 offices in North America. Highlights from this interview include being a numbers guy, getting perfect scores in the Army, learning poker on his paper route, betting on the rules, bowling a 300 game, quitting the stable 9-to-5 job to play blackjack for a living, a six-month grind with the red chips, gambling with an edge, the life of a 'lone wolf' card counter, crushing Caesars Palace in one weekend for a house, working with Ken Uston, getting 'back roomed', jumping head first into the stock market, being called "the nation's no. 1 day trader", driving the same car from 2001, being driven from the pits to Bobby's Room, $4k-$8k cash games, seven-figure buy-ins, 10-minute $5 million swings, trying to keep up with Jean-Robert Bellande, a $3 million bet on the river, getting coolered by Andrew Robl, watching paint, and an AI-themed casino.

Bob Bright has two World Series of Poker Circuit titles, and a few WSOP final-table appearances, but he's best known in the poker world for the time he has spent battling it out at the highest-stakes cash games. Bright, who has been seen on poker shows such as Poker After Dark, is a regular in Ivey's Room at the Aria, spent years playing in Bobby's Room at Bellagio, and has even taken part in the nosebleed stakes games abroad in Manila and Macau. But it was at the blackjack tables that Bright first got his start in Las Vegas. Bright was in his mid-30s, and married with three children when he decided to leave a stable job to play blackjack for a living. The decision paid off, with Bright becoming one of the more successful card counters of that era. After the casinos shut down his action, he dove head first into the stock market. He quickly established himself as one of the nation's top day traders, and later started Bright Trading, which became one of the largest firms in the country with several hundred traders in more than 50 offices in North America. Highlights from this interview include being a numbers guy, getting perfect scores in the Army, learning poker on his paper route, betting on the rules, bowling a 300 game, quitting the stable 9-to-5 job to play blackjack for a living, a six-month grind with the red chips, gambling with an edge, the life of a 'lone wolf' card counter, crushing Caesars Palace in one weekend for a house, working with Ken Uston, getting 'back roomed', jumping head first into the stock market, being called "the nation's no. 1 day trader", driving the same car from 2001, being driven from the pits to Bobby's Room, $4k-$8k cash games, seven-figure buy-ins, 10-minute $5 million swings, trying to keep up with Jean-Robert Bellande, a $3 million bet on the river, getting coolered by Andrew Robl, watching paint, and an AI-themed casino.

Poker Stories: Bob Bright