It was a better story before I knew the whole story.
Almost every book on randomness I have read had a reference to Moneyball and I had built up my own version about this story (I had even told a few people that version!) and it imagined everybody doing what Billy Beane was doing, and Billy Beane doing some sort of probability distribution among all players and randomly picking his team, winning emphatically, and thus proving that a truly random pick of players is the equivalent of a true-simulation of the market and just like how no considered selection of stock picks can ever outperform the market in the long run, a truly random representation of the baseball market cannot be outperformed by the interventionist methods of other teams over a long season. That is the story I wanted to hear. My apologies to anyone to whom I have spouted this story – it is not true. It is still probable though, when the next radical Billy Beane comes along in sports.
- Oakland A’s: How Billy Beane Puts Moneyball Theory into Practice (bleacherreport.com)
- Moneyball (mrmovietimes.com)
- Political Moneyball (bangordailynews.com)
- 3 nutrition lessons from Moneyball (shellynajjar.wordpress.com)
- Startup Moneyball: Talent, Passion, Experience, Perspective, Work Ethic (jrodthoughts.com)
- They didn’t plan to be, but somehow the Oakland A’s are contending (aol.sportingnews.com)