Moneyball  SEP 22 2003


Since Lewis writes primarily on business, business folks will undoubtably read Moneyball with an eye toward picking up some pointers on how to run their companies. Some will completely misunderstand what Lewis discovered about major league baseball and beefheadedly apply their new "knowledge". The lesson of Moneyball is not that there are potential employees out there that are cheaper than your current employees. That's the holy grail of large American corporations and exactly what they would want to hear.

As Lewis reports, what Oakland actually did is a) measure player statistics as objectively as they could, b) identify players that perform well in those statistical categories, c) discover that the players they valued were not valued by other teams and were therefore relatively cheap, and d) went out and got the players they wanted at bargain prices. As much as the business person would like to skip directly to step d, it's impossible to determine if that will actually be effective unless you do the a-c analysis first.

Read more posts on about:
baseball   books   Michael Lewis   Moneyball   sports

Front page
About + contact
Site archives


Follow on Twitter

Follow on Tumblr

Like on Facebook

Subscribe to the RSS feed


Ads by The Deck

Support shop at Amazon

And more at

Looking for work?

More at We Work Remotely

Kottke @ Quarterly

Subscribe to Quarterly and get a real-life mailing from Jason every three months.



Hosting provided EngineHosting