Chapter
Moneyball and the Misvaluation of Baseball Players
1:04:40 - 1:12:47 (08:07)
In Moneyball, the Oakland A's team uses statistics to identify undervalued baseball players, showing that the market often misvalues people based on factors such as physical appearance. The book draws attention to the mistakes made when evaluating other people and the class dynamics within a professional baseball team.
Clips
Moneyball is a book about how the Oakland A's changed the way players are drafted, scouted, and traded.
1:04:40 - 1:08:20 (03:40)
Summary
Moneyball is a book about how the Oakland A's changed the way players are drafted, scouted, and traded. It highlights the story of how the team's general manager, Billy Beane, used statistics to discover undervalued players and build a winning team on a tight budget.
ChapterMoneyball and the Misvaluation of Baseball Players
Episode#427: Michael Lewis — Inside the Mind of the Iconic Writer
PodcastThe Tim Ferriss Show
The story of baseball shows how people can be misvalued, even in a market with statistics and millions of spectators.
1:08:20 - 1:12:47 (04:26)
Summary
The story of baseball shows how people can be misvalued, even in a market with statistics and millions of spectators. The author observes this occurrence throughout life, indicating the obligation to enlighten the world about it.