And firms, particularly in recent years following the popular success of Moneyball: the art of winning an unfair game, Michael Lewis's book on the use
of sabermetrics in US Major League baseball, have tracked how successful (or otherwise) their graduate recruitment policies and practices have been in hiring the best performing associates and, indeed, future partners.
Baseball fans know that Bill James is the godfather
of sabermetrics in baseball.
Thanks to the A's success, ALL teams now utilize some form
of sabermetrics combined with old fashioned scouting.
In 2002, he developed a player evaluating system called PECOTA, which popularized the use
of sabermetrics and advanced scouting in baseball (think Moneyball).
And I will say this about Morris: I don't vote for him, but the level of discourse against him, by certain segments
of the sabermetric community right now, is over the top.
Here's a question for Ken Rosenthal (who I like, and who generally does great work)... How, exactly, should certain segments
of the sabermetric community best present their case that Jack Morris was not, for example, as good as Bert Blyleven or Curt Schilling?
Not exact matches
The fact that Silver came from the world
of baseball
sabermetrics — where people like Moneyball star Billy Beane were ignoring conventional wisdom in favour
of hard stats — only increased his credibility.
He credits
sabermetrics with giving him a better understanding
of his players» strengths and weaknesses, helping him construct smarter lineups and make better - informed substitutions late in games.
Aldama is cofounder and vice president
of the Independent Group for Baseball Investigation (GIIB), Cuba's first official
sabermetric organization.
They created statistics such as gERA, a measure
of pitching effectiveness that they believe improves on the
sabermetric mainstay FIP (Fielding Independent Pitching) by taking into account different kinds
of contact.
SABERMETRICS — THE ADVANCED, computerized and occasionally counterintuitive analysis
of baseball statistics — is beginning to take hold in Cuba.
They talk about
sabermetrics in the context
of classic economists: «Marx's economic theories are basically
sabermetrics,» says Aldama.
Indeed, as an adaptation
of Michael Lewis» non-fiction best seller
of the same name, it's also literally about a winning formula, or more accurately, the various statistical formulas collectively known as
sabermetrics, a system designed to maximize budgetary efficiency in assembling productive professional baseball franchises.
Hitting theaters is an adaptation
of Michael Lewis» non-fiction book Moneyball, starring Brad Pitt as manager Billy Beane
of the Oakland A's baseball team, trying to reinvent the way baseball is played using
sabermetrics.
While the more serious - minded «Moneyball» focused on the true story
of how
sabermetrics changed the way baseball teams assess players, the fictional «Draft Day» ultimately is about the way in which character can prevail over combine figures during one
of the biggest events on the National Football League's calendar.
So, on the advice
of his nerdy, young assistant, Peter Brand (Jonah Hill), an Ivy - educated economist he'd hired away from the Cleveland Indians, Beane began to employ a state -
of - the - art system
of computer analysis known as
Sabermetrics.
Director Bennett Miller has already proven that he has the uncanny ability to spin exquisite, immersive, intelligent stories from material that on paper might not seem so appealing — we'll still never quite get to the bottom
of why «Moneyball,» a film about baseball
sabermetrics should be so rich and engaging.
Supporting actors include: Chris Pratt («Parks & Recreation») as Scott Hatteberg, poster child for
sabermetrics; Robin Wright as Beane's ex-wife; and fantastic writer / director Spike Jonze (came0) as Wright's zenned - out new husband and the polar opposite
of Beane.
It also gets a lot
of play in the
sabermetric baseball community.
Sabermetrics revolutionized baseball by debunking a lot
of conventional wisdom.
Juicy Excerpt: Valuation - Informed Indexing is the
Sabermetrics of investing analysis.
They may have some information, based on observation and one or two spreadsheets about their own store's performance; but when it comes to what other stores are doing, what is new in the marketplace, and trends from quarter to quarter or year to year, they are operating without the equivalent
of baseball's
sabermetrics.
Just like the
sabermetrics described in Moneyball, Lex Machina's database can aid in the formulation
of broad strategy as well as the selection
of players, says Becker.