Moneyball is a great book
If you have any interest in baseball, the use of statistics, the difficulties in challenging the status quo, or the opportunities presented by market inefficiencies, read Moneyball by Michael Lewis. It is the story of Billy Bean, General Manager of the Oakland A's, and how his team consistently has a low payroll and a high winning percentage.
Moneyball is my new second favorite book, right after A Confederacy of Dunces, which I believe to be the perfect book. The evidence of Moneyball's greatness includes the anger it has generated among the members of the baseball establishment. Baseball is the best game there is, but the people who run it at the highest levels have got to be the most pretentious, narrow-minded bunch of knuckleheads of any major sport. |
I'm not remotely into sports, but if its about group management and anywhere near as good as Confederacy, I might check it out. I like reading about the management of people and how to motivate/energize them.
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Hmmm, Billy Bean vs. Ignatius Reilly. That could be tough. BTW, Bean's former assistants/disciples have scattered throughout the majors, including the Red Sox and the Dodgers. Let's see if they can produce the same kind of results with huge budgets that Bean did with small ones. Also, it could be like a stock/commodity system, where you can make a lot of money if you have an edge, but once the edge is identified and widely known, it's advantage dissipates. Moneyball was probably great for Bean's ego, but it may not have been the best thing for his career.
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The afterword really slams Joe Morgan who had some ugly comments about Bean and the book. I like Joe Morgan, so I was sorry to see that. |
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