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Billionaire Steve Pagliuca Is Having a Luckier March Madness Than Rest of Wall Street

Nahiem Alleyne of the Connecticut Huskies goes to the basket against the Gonzaga Bulldogs during the 2023 NCAA Men's Basketball Tournament in Las Vegas, Nevada on March 25.
Nahiem Alleyne of the Connecticut Huskies goes to the basket against the Gonzaga Bulldogs during the 2023 NCAA Men's Basketball Tournament in Las Vegas, Nevada on March 25.Photographer: Jack Dempsey/NCAA Photos/Getty Images

The March Madness bracket defeats everyone, including Wall Street titans who fancy they know a thing or two about odds and make money by outsmarting their peers. 

So all anyone can hope for is a bit — or a lot — of luck. And luck is shining this year on Steve Pagliuca, who is one of only two people left in Bloomberg’s Brackets for a Cause who have a shot at predicting the overall winner of the NCAA men’s basketball tournament. The other: York Capital Management’s Jamie Dinan.