Brad Pitt didn’t win the Oscar for his turn as baseball general manager Billy Beane, but the movie adaptation of Moneyball did result in renewed attention to Michael Lewis’s excellent 2003 book.
In it, he traces how Beane’s Oakland A’s rejected decades of received wisdom about what made baseball players successful- how their bodies looked, how they carried themselves on the field—and instead won by analyzing statistics and focusing on quantifiable results.
I think Beane’s approach can work for investors, too.
