Ross Mayfield's Weblog
Markets, Technology and Musings

Categories


Blog-Network
(by most recent)
Blogroll Me!

Subscribe by email:

 

 

Sunday, May 25, 2003
 

Moneyball

Andrew from VentureBlog reviews and reccomends Moneyball, the new book by Michael Lewis on the Oakland A's which, despite a low budget, outperform in winning:

How they've done this is straight out of the entrepreneurial playbook: by using intellect and analytics to replace money as the solution to problems. As Michael Lewis relates in great detail, the A's take a fresh look at what makes a baseball player successful and are able to exploit inefficiencies in the market for talent. They don't spend top dollar on big names but instead hire for efficiency in what's important in baseball (getting on base). The A's create the equivalent of a personal stock option plan for baseball players: they take underappreciated players and give them a chance to excel knowing that those who do will rise in value and eventually get hired away by the big money teams. The A's can then use draft choices (which they get as compensation when their players are hired away) to reinvest in new young, underappreciated players.

My favorite quote from the book, which is directly applicable to life in a start-up, is one of the rules Billy Beane uses when he searches for talent to sign:

"No matter how successful you are, change is always good. There can never be a status quo. When you have no money you can't afford long-term solutions, only short-term ones. You have to be always upgrading. Otherwise you're fucked."

1:13:06 PM    comment []



Click here to visit the Radio UserLand website. © Copyright 2003 Ross Mayfield.
Last update: 6/2/2003; 2:27:24 PM.
This theme is based on the SoundWaves (blue) Manila theme, but severly tweaked.

May 2003
Sun Mon Tue Wed Thu Fri Sat
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31
Apr   Jun

<--Older | Newer-->

Subscribe to "Ross Mayfield's Weblog" in Radio UserLand. Click to see the XML version of this web page. Click here to send an email to the editor of this weblog. @Ryze FOAF



Recent Posts


The 150

currently subscribed to:

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link 0114726's comments

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link a klog apart

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link AKMA’s Random Thoughts

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Anil Dash

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link anil dash's daily links

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link azeem.azhar.co.uk

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link b.cognosco

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Ben Hammersley.com

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link bIPlog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Blog-Network

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Blogarithms

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Blogging Alone

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Boing Boing Blog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link BookBlog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Brian Behlendorf's Blog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link bricoleur

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link BuzzMachine

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link C:\PIRILLO.EXE

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Channel 'blog_network'

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Clay Shirky's Essays

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link CNET News.com

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Copyfight: The Politics of IP

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Corante: Amateur Hour

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Corante: Brain Waves

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Corante: Corante on Blogging

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Corante: Got Game blog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Corante: Social Software

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Curiouser and curiouser!

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Dan Gillmor's eJournal

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Daypop Top 40

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Dictionary.com Word of the Day

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link dive into mark

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Due Diligence

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link DUH BLOG

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Economist: Business

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link evhead

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Freedom to Tinker

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Gary Boone's Blogun

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Gen Kanai weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link George Dafermos' Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Google Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Greater Democracy

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link InfoWorld: Top News

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link istori/log

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link iWire

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link JD's New Media Musings

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Jeremy Allaire's Radio

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link John Patrick's weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link John Robb's Radio Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Joho the Blog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Joi Ito's Web

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Jon Udell

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Jon's Radio

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Jon's Radio (full-length descriptions)

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link kottke.org

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link LawMeme

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Lessig Blog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link mamamusings

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Marc's Voice

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Mark O'Neill's Radio Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link MarketingFix

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Mathemagenic

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Matthew Berk

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link McGee's Musings

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Meerkat: An Open Wire Service

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link megnut

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Micah's Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Michael Gartenberg

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Michael Helfrich's Radio Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Ming the Mechanic

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Mitch Kapor's Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Neurotechnology and Society

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link New York Times: Business

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link New York Times: NYT HomePage

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link New York Times: Opinion

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link New York Times: Technology

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link ongoing

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Paolo Valdemarin: Paolo's Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link plasticbag.org

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link raelity bytes

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link RatcliffeBlog: Business, Technology & Investing

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Ray Ozzie's Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Release 4.0

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Robert Paterson's Radio Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Ross Mayfield's Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link SATN

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Scott Loftesness

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Scott Mace's Radio Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Scott Rosenberg's Links & Comment

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Scripting News

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Seb's Open Research

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Second p0st

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link shellen.com

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Sifry's Alerts

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Six Log

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Smart Mobs

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Sociate

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Steve Gillmor's Emerging Opps

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link stevenberlinjohnson.com

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Techdirt

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Technorati Link Cosmos for http://www.socialtext.com

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Technorati Link Cosmos for Ross Mayfield's Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link The Doc Searls Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link The Scobleizer Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Timing

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link tins ::: Rick Klau's weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Tomalak's Realm

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link too many topics, too little time

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link VentureBlog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Ward Cunningham's Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Web Services Articles from The Stencil Group

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Web Voice

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Werblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Windley's Enterprise Computing Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Wired News

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link www.gulker.com - words and pictures from Silicon Valley

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link Zack Lynch's Radio Weblog

Radio UserLand users: click to subscribe. Other folks: use the RSS link to acquire this channel. RSS link zephoria

Here's how this works.

compiled code: 191 nodes
Ecostats
Technocrati
Ecosystem
BlogStreet
BlogTree
Blogdex
Organica
Waypath
All Consuming
Feedster
Google