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Moneyball (Film/Book)

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2:30 pm
January 17, 2012


Buck

Member

posts 4

4

Awesome movie 10/10

6:44 pm
September 8, 2011


somrh

Member

posts 336

3

I think it did work. Granted, they haven't won the world series but see here.

With the sixth-lowest payroll in baseball in 2002, the Oakland Athletics
won an American League best 103 games. They spent $41M that season,
while the Yankees, who also won 103 games, spent $126M.

That strikes me as pretty impressive for an industry in which big money seems to do well.

11:46 am
September 8, 2011


Jae Jun

Admin

posts 1453

2

I saw this book in local library. Had no idea that it was going to be about how the A's try to become a winning team (hasn't worked so far, which is good for my Mariners.. lol)

 

8:24 am
September 8, 2011


somrh

Member

posts 336

1

Post edited 1:30 am – September 8, 2011 by somrh


I wasn't sure where to throw this but it looks interesting so I'll throw here since it is a book as well.

Columbia Pictures is releasing a film entitled Moneball based on the book of the same name by Michael Lewis. The premise of the book is a look at the Oakland A's strategy of applying value investing to produce a winning team.

I haven't read the book (and the movie hasn't come out yet) but I've read two of Michael Lewis' other books which were both excellent: Liar's Poker (which is a semi-autobiographical book upon his experience as a salesman for Salomon Brother's and the emergence of a massive mortgage bond industry) and The Big Short (which looks at the recent financial crisis from the perspective of some of the investors who figured it out and bet against it… most of whom were value oriented investors.) Both were good entertaining and educational reads.

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