[timshell]

I think a common misconception of Moneyball is that it's about analytics. The broader lesson is that people need to systematically evaluate undervalued assets in sports/business etc.

One of the interesting 'post-Moneyball' stories is when old-school scouting methods came back onto the scene. People started overvaluing the new popularized statistics, and the market advantage was to combine the analytics and traditional approach in a cost-efficient manner.

[suzzer99]

The 2014/2015 Royals capitalized on this to some degree, picking up players who didn't strike out or walk much, at a time when players who walked a lot were at a super premium.

Some of the smarter teams in the NFL seem to be figuring out that maybe running backs aren't completely fungible, as has been the mantra for a while.

[steveBK123]

Markets are a decentralized adaptive system, so the overall lesson is to have a process to identify what is under/over valued and adapt over time.

There is no durable thing you can simply identify as your edge in metrics that you can stick to for years.

[voidfunc]

Whether someone understands what moneyball is about is a great intelligence litmus test.

[chistev]

And let me guess, you pass that test, right?