Billy Beane, whose career as a groundbreaking baseball executive was the basis for the book and movie, “Moneyball,” credited his success in using data to build the Oakland A’s in part to being in the Bay Area.
“Looking back now, I think our age, the situation we were in, really was an advantage for us,” said Beane, now the A's executive vice president of baseball operations. “The environment and also, in a weird way, being in the Bay Area at that time was this incredibly innovative time. “The introduction of data for us was this very rational, mathematical process in a very chaotic business,” Beane said. “We’d look at an 18-year-old and try to predict what he’s going to be. That seemed crazy when you’re investing millions of dollars, particularly when the original business metrics were baseball statistics.”
“Somebody calling you an idiot all day will change the way you make decisions,” Beane said. “So even if you have data and information — if it goes against your intuition, your instincts — the discipline is still making that decision.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Australia Latest News, Australia Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bay Area's missing billions - San Francisco Business TimesThe loss of thousands of taxpayers — and their incomes — could ripple through the economy. 'Now beginning to enter the territory of Illinois, Connecticut, New Jersey, New York,” Joel Kotkin, a professor at Chapman University, said referring to states facing high taxes, & hefty public expenditures- residents moving away. What happens is your tax base begins to go away.” 'Now beginning to enter the territory of Illinois, Connecticut, New Jersey, New York,” Joel Kotkin, a professor at Chapman University, said referring to states facing high taxes, & hefty public expenditures- residents moving away. What happens is your tax base begins to go away.”
Source: SFBusinessTimes - 🏆 78. / 68 Read more »
The Bay Area's Boise pipeline - San Francisco Business TimesIdaho's capital is increasingly emerging as a popular destination for those fleeing the Bay Area.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »
Bay Area's missing billions - San Francisco Business TimesThe loss of thousands of taxpayers — and their incomes — could ripple through the economy.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »
Friday Digest: Historic San Francisco falls into loan default; Luxe condos topped off - San Francisco Business TimesToday is the first day of the rest of your life. It's also the first day of fall. Consider what's happening all around and read today's news.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »
Utah teacher dedicates career, new business to helping students learn English“I got tired of that feeling, feeling guilty that I don’t provide them with enough practice. I just decided you know what, I’m going to just give it all, everything I have and that I don’t have.”
Source: fox13 - 🏆 550. / 51 Read more »