I listened to the (abridged) audio CD version which is narrated by the author.\u00a0 It is a good story, though somewhat long winded at times.\u00a0 The story is about the Oakland A\u2019s and how they have used statistics to select a winning team for significantly less money than the rest of baseball.\u00a0 (An analogous situation for LM would be hiring of new employees \u2013 has anyone ever studied what characteristics identified during interviews correlate to success at MFC-Dallas?)\u00a0 The moral of the story is there is a great advantage when you can exploit market inefficiencies using the scientific method.\u00a0 You will have to read the book to find out more.\u00a0 It will really make you think about the value of conventional wisdom.<\/p>\n","protected":false},"excerpt":{"rendered":"
I listened to the (abridged) audio CD version which is narrated by the author.\u00a0 It is a good story, though somewhat long winded at times.\u00a0 The story is about the Oakland A\u2019s and how they have used statistics to select a winning team for significantly less money than the rest of baseball.\u00a0 (An analogous situation … Continue reading Moneyball: The Art of Winning an Unfair Game<\/span>