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Moneyball Efficiency

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Moneyball Efficiency
From this movie Moneyball, Brad Pitt stars as Billy Beane, the general manager of the Oakland A’s baseball team, an organization struggling with a limited budget to develop, attract, and retain players. Moneyball is about efficiency. The strategy is rooted in using analytics to maximize assets. It’s about making decisions based on statistics instead of intuition or popular opinion. In the case of the A’s, Beane measures things like on-base percentage (how often a batter reaches base compared to the number of at-bats) and slugging percentage (total bases divided by the number of at-bats) instead of traditional and widely accepted metrics like batting average. Modern finance technology has created an opportunity to track more detailed metrics
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