Let’s jump right in:
There is, of course, no open window into the warehouse. There’s no way to tell how much of Duquette’s vision will translate into reality and how much of it will run into the organizational inertia that has fettered the Baltimore front office for almost two decades. There is no way of knowing if this time really is different, if the new hire really will have free rein, if Peter Angelos has really been so shamed by the national reaction to the latest Orioles farce that he’s now willing to let someone whose focused on nothing but baseball run his baseball team. And as an Orioles fan, there is no way of looking away from that beautiful flicker of possibility, caught as it is in some twisted quantum state where it only starts to fail the moment you start to hope.
– Jonathan Bernhardt, “The Man Who Wouldn’t Learn”
Et tu, Mr. Destructo
Saw this via Hardball Talk. It’s an excellent take on the state of the Baltimore Orioles and their owner (though I can’t confirm whether or not that blog is in fact the official blog of “notorious former African dictator Mobuto Sese Seko”). A nice reminder that things could always be worse. Right?
Today, Beane recalls: “Michael said within three minutes: ‘I know exactly what you guys are doing. You’re arbitraging the mispricing of baseball players.’” When Lewis mentioned his own experience of arbitrage on Wall Street in the 1980s, Beane got interested. “We really were looking to Wall Street as a guide,” he says.
The two men kept talking, sometimes about baseball, often not. Out of their conversations came Moneyball, the book, which has sold more than one million copies worldwide. Moneyball the movie, starring Brad Pitt as Billy Beane, is released in the UK on November 25. But “Moneyball” is also a phenomenon, which after changing baseball is now sweeping almost all ballgames, from British soccer to Australian rules football. And it’s a phenomenon that reaches beyond sport. With hindsight, what Lewis captures in his book—the triumph of the highly educated over the lesser educated—is exactly what happened in the American economy.
– Simon Kuper, “Michael Lewis and Billy Beane talk Moneyball”
Lengthy piece but well worth it — I’m also aware that there’s been a flood of Moneyball articles as of late, but I really enjoyed this piece regardless. Billy Beane and Michael Lewis talking about Moneyball ten years later. Saw this via The Book Blog.
Negative/positive feedback post upcoming (though not what you think) and I’m going to request help picking a college basketball team to root for this winter.