Bet The Process Kostya Medvedovsky, inventor of DARKO, Joins Rufus and Jeff
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Feb 26, 2025 Kostya Medvedovsky, the mastermind behind the Darko NBA box score projection system, dives into the innovative blend of statistical analysis and machine learning he uses to forecast player performance. He shares insights on the evolution of basketball metrics and how they compare to traditional systems like those in baseball. The conversation also touches on the significance of predictive analytics in sports betting and the ethical implications of AI. With some clever banter, the hosts discuss golf betting strategies and tease upcoming events!
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Unintentional Law Career
- Kostya Medvedovsky became a lawyer due to poor grades despite a strong math background.
- Law school's emphasis on test scores allowed admission despite his low GPA, unlike econ PhD programs.
From Law to Merger Arbitrage
- Kostya transitioned from law to merger arbitrage at a hedge fund after attending the Sloan Stats Conference.
- He bets on merger outcomes, including high-profile cases like Elon Musk's Twitter acquisition.
Legal Background in Merger Arb
- Kostya's antitrust law background is a significant advantage in merger arbitrage.
- Legal and regulatory risks, such as antitrust issues, are crucial factors in assessing merger outcomes.