Your NCAA Tournament Bracket Is a Business School in Disguise

  • 📰 WSJ
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Singapore News News

What can you learn from the NCAA tournament's biggest upsets? These are the business lessons of March Madness.

Princeton’s Gabe Lewullis during the team’s first-round victory over defending champion UCLA in the 1996 NCAA tournament.March Madness is a delightfully inefficient market.

Every year, a selection committee gathers to place a value on 68 college-basketball teams, and fans make predictions based on all sorts of information available to them. Every year, they are thrilled to be proven very wrong.Continue reading your article with

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Remember, Coach Carril’s book was titled, “The Smart Take from the Strong.” PrincetonMBB

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:

 /  🏆 98. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines