![]() What is remarkable - and important - is that the A’s consistently, massively, exceeded *their own* expectations. If the market was functioning efficiently, on their budget, they should never have got within cooey of it: the buying power of behemoths like the Mets should have ensured that. ![]() The fact that the Oakland A’s never won the World Series is absolutely not the point. If all armchair sports fans think they know better than the others, it stands to reason that most of them are wrong. It contains a fundamental truth of investing that anyone could use, useful precisely because most people think they know best: Nonetheless, I found this to be a fascinating book, and have been recommending it to everyone I meet. I could not possibly know (or, to be honest, care) less about baseball. ![]() ![]() Moneyball: The Art of Winning an Unfair GameĪn iconoclastic riot - and a good lesson for the markets Comments? Questions? Suggestions? Requests? Insults? We’d love to □ hear from you. ![]()
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