The Sabermetrics of Effort - Jonah Lehrer - 0 views
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The fundamental premise of Moneyball is that the labor market of sports is inefficient, and that many teams systematically undervalue particular athletic skills that help them win. While these skills are often subtle – and the players that possess them tend to toil in obscurity - they can be identified using sophisticated statistical techniques, aka sabermetrics. Home runs are fun. On-base percentage is crucial.
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The wisdom of the moneyball strategy is no longer controversial. It’s why the A’s almost always outperform their payroll,
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However, the triumph of moneyball creates a paradox, since its success depends on the very market inefficiencies it exposes. The end result is a relentless search for new undervalued skills, those hidden talents that nobody else seems to appreciate. At least not yet.
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