May 1, 2007

News & Opinion: Moneyball

By: Jack @ 3:23 PM – Filed under: Current Events & Public Affairs

In Michael Lewis' brilliant book Moneyball, he tells the story of Billy Beane the GM from the Oakland Athletics. Beane is asked to present to Major League Baseball the reason his organization has been so successful with no little money spent on big name, quality baseball players. His first PowerPoint slide said.
Major League Movie about the hapless Cleveland Indians In order to assemble a losing team, the owner distributes a list of players to be invited to spring training. The baseball executives say that most of these players are way past their prime. Fans see the list in the paper and remark, "I've never heard of half of these guys." Our situation closely resembles the movie.