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Ricciardi's Had It With The Moneyball Talk
G-Fafif Dec 06 2010 05:23 AM |
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Tells John Harper Michael Lewis was full of bleep...in more diplomatic terms.
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metirish Dec 06 2010 06:04 AM Re: Ricciardi's Had It With The Moneyball Talk |
I love reading what these guys have to say. How many times during a game will SNY tturn the cameras to the big booth where Alderson and his lieutenants are viewing proceedings, especially when Collins tries to push things along.
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Edgy DC Dec 06 2010 06:07 AM Re: Ricciardi's Had It With The Moneyball Talk |
Good for him, but again, a lot of rhe misperceptions of them and their philosophies aren't from the book, so much as from folks who cite the book seemingly without having read it.
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The Second Spitter Dec 06 2010 06:19 AM Re: Ricciardi's Had It With The Moneyball Talk |
The TPTB haven't exactly quelled Moneyball discussion by saying stuff like: "I don't not want to commit to anybody before seeing them with my own eyes." That's straight from the first chapter, Sandy, my boy.
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Edgy DC Dec 06 2010 06:52 AM Re: Ricciardi's Had It With The Moneyball Talk |
But it's the exact opposite of what Moneyball represents --- statistics over eyeball evaluation --- to media personnel who cite it.
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Ceetar Dec 06 2010 09:26 AM Re: Ricciardi's Had It With The Moneyball Talk |
I just finished the book. I enjoyed it, but its hardly a how to guide on the best way to do things.
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metirish Dec 06 2010 09:37 AM Re: Ricciardi's Had It With The Moneyball Talk |
I wonder if reading that book now for the first time seven years after it came out makes a difference in how one would think about it.
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Ceetar Dec 06 2010 09:44 AM Re: Ricciardi's Had It With The Moneyball Talk |
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Without a doubt.
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Edgy DC Dec 06 2010 11:55 AM Re: Ricciardi's Had It With The Moneyball Talk |
What it is is a good primer for competitive strategists in the fun challenge of using adversity to re-envision how to approach your business, reconsidering neglected assets and finding a new way to float your boat.
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batmagadanleadoff Dec 06 2010 11:57 AM Re: Ricciardi's Had It With The Moneyball Talk |
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Put me down for some ignorance. Long live the three run homer!
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LeiterWagnerFasterStrongr Dec 06 2010 12:55 PM Re: Ricciardi's Had It With The Moneyball Talk |
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Egggggggzactly. That and Cee-Irish's back-and-forth make me wonder... who HASN'T read "Moneyball" in this crowd?
Corrected.
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The Second Spitter Dec 08 2010 02:51 AM Re: Ricciardi's Had It With The Moneyball Talk |
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Moneyball does make the distinction between what others have seen vis-a-vis what you see, stating that the former is more prejudicial than the latter but both are equally prejudical. But you're right, that's not what Moneyball is about and I sit corrected. I may have been a little overzealous to crack a joke about Moneyball (as I've done in other thread) as I fondly recall Doug Pappas' most eloquent summation about a doctrine that he himself played an integral part in developing. He said: "It's a bit like Reaganomics - it makes so much sense, that it could easily blind you from reality." During our discussions about it, we both agreed (as we both had a background in Economics) that it something that is likely to have cyclical success, because in the long-run economic agents will adjust their behaviour, so the inefficiency you're exploiting (undervalued players) is no longer viable (because clubs are ascribing their "proper" value). Doug said the worst thing Beane did was to cooperate in the publishing of that book, because it allowed some clubs (particularly the ones bound by budget constraints) to reach a level playing field. The last time the A's made the playoffs was 2006, Moneyball came out in 2003; if you believe to the argument in the preceding paragraph then you could reach a conclusion that their absence from the playoffs since 06 is related. As to its cyclical nature, the argument is that the market for players is riddled with what economists call "asymmetric information" which broadly is a inefficiencies caused by facts (or a lack of facts). Undervalued high OBP college players was but only one. The onus falls on the buyer (ie the baseball club) to screen (or identify) others. But you can only benefit from it, if other clubs are not alert to it. For example, the A's are now screening high school ballplayers, a category of players they wouldn't touch, to see if they are undervalued and subsequently exploit an advantage. If they can, I guarantee any advantage they may gain will only exist in the short-term. One final point: I understand there are arguments for why the theory expounded in Moneyball may still be relevant today, such as some clubs don't believe in it, some don't value draftees highly, the survival of the old scout's network, etc.
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Edgy DC Dec 08 2010 06:04 AM Re: Ricciardi's Had It With The Moneyball Talk |
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Really good summation. Thanks.
Especially if some guy writes a book about what they're doing and why.
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Ceetar Dec 08 2010 06:53 AM Re: Ricciardi's Had It With The Moneyball Talk |
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The writer portrays them as fairly smug about no one noticing are caring about 'new statistics'. For instance, he talks about showing players that they do better when they lay off the first pitch, and that works for a couple of days, and then they go back to swinging at it. Billy Beane also came off as a bit of a deranged lunatic.
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LeiterWagnerFasterStrongr Dec 08 2010 11:03 AM Re: Ricciardi's Had It With The Moneyball Talk |
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"Cocky," yes. "Deranged," I don't see.
Oh, yeah. You could make the argument that several teams-- some with much bigger budgets-- were well on their way to closing the A's lead on exploiting market-inefficiencies at that point... but he more or less gave a turbo boost to the others with his cooperation. It actually only makes retrospective sense IF Beane had been headed for, say, an early retirement and the speaking circuit... or if he's just as much of a self-lover as his detractors say he is.
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batmagadanleadoff Dec 08 2010 11:08 AM Re: Ricciardi's Had It With The Moneyball Talk |
It's shocking to me that as recently as the beginning of this century, a MLB front office could have a significant competitive advantage over another front office simply by understading the value of OBP and bases on balls.
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