Billy Beane talks baseball, his career and what he learned watching Warren Buffett - San Francisco Business Times

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At the tipalti Illuminate tech conference in San Francisco, longtime Oakland A's executive Billy Beane had fun discussing his pioneering role in developing the use of data in sports. Athletics

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.”

 

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