Moneyball gives you business lessons in a place where you would least expect to learn anything about work "" the baseball field. The author, Michael Lewis, unveils the quest for knowledge that drives a baseball coach to discover value in ruins. |
Moneyball is a book about Oakland "" one of the poorest teams in major league baseball and their coach, Billy Beane. Since baseball players undergo a draft process, where the best players are picked by the richest teams, logic governs that weak teams stand no chance of competing. |
Lewis observes that the truth is different, and some of the poorest teams still do well "" Oakland being one of them. This apparent anomaly sets Lewis on a search for "baseball truth", which, interestingly, he finds in numbers. |
Lewis explores the secret of success by looking at all the logical places and shows how the real source might just be a cache of numbers. |
The book emphasises on the importance of data-oriented rigour. It illustrates that even in highly visible areas such as sports, real value can remain hidden for years. |
Alok Mittal, executive director, Canaan
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Moneyball: The Art of Winning an Unfair Game Author: Michael Lewis Publisher: W W Norton & Co ISBN: 0393324818 |