‘Build a Successful Business by Not Acquiring Talent’ – ShoeMoney Blog
Jeremy Schoemaker’s latest blog post is titled “Build a Successful Business by Not Acquiring Talent”.
Schoemaker says, “Sabremetrics is a concept that came about in the mid-20th century from statisticians such as Earnshaw Cook and Bill James. It is the analytical approach to quantifying talent through in-game activity in baseball.
The concept was utilized famously by Billy Beane to rebuild the Oakland Athletics, which coined the term Moneyball.
The principle is pretty simple. Most big time free-agents get picked up because of concepts like batting average, but this is a completely flawed metric according to Sabremetrics, because who cares about how often they hit the ball, you should care how many runs they can score”.
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