18.7.12

Just finished reading Michael Lewis' Moneyball..

...was unputdownable. Had a lot of drama.


The book had a number of themes from Taleb's Fooled by Randomness such as "process vs outcome", "trouble with using small sample sizes" & "underplaying the luck-factor" etc. The author was also drawing parallels between Warren Buffet's/Benjamin Graham's value-investing principles and Billy Beane's strategies. However, structure-wise I feel it could have been better. After reading the book one has to make a real effort to summarize the "winning strategies of Oakland A's" (which I am going to attempt below).