About
I’m an economist. In July 2004, on a road trip to Las Vegas, I debated two fellow doctoral students about whether sports betting could be arbitraged. It couldn’t, but the question led me to betting exchanges and, in 2006, to a Ph.D. at UCLA with a dissertation on how they compete with bookmakers.
I then spent nineteen years in consulting at PwC, and in 2025 came back full time to the questions that stayed with me. What counts as investing, speculation, gambling, or a game?
Most of this work lives at Lexicon Labs, a public benefit corporation I co-founded. I write at Full Court Press, publish prediction market intelligence through LexCurrent, and my book, Predictable, is due in early 2027.
Disclosure. I was part of developing sports-based financial products and hold an equity interest in the company that owns their intellectual property.
The full story
Four essays on how one question led to the next.
Following Roads Without Maps
The questions that refuse to leave are the ones worth pursuing.
What Happened at the One Yard Line?
Sometimes when you do everything right, it still isn’t enough.
When a Question Chose Me
How an obscure bankruptcy case became a Supreme Court petition.
The New Sports Economy Experiment
How a mission to teach finance through sports ultimately tested securities law.