Allusionary

Decode the canon

Browse

concept

Moneyball

Winning by exploiting undervalued data the market hasn't priced in.

Origin

From Michael Lewis's 2003 book Moneyball, about the Oakland Athletics' general manager Billy Beane, who used on-base percentage and other neglected stats to assemble a competitive team on one of the smallest budgets in baseball. The 2011 film starring Brad Pitt put the idea in front of a wider audience.

Modern usage

Standard vocabulary in business, hiring, and investing. 'Moneyball-ing' a category = finding the metric everyone else is ignoring.

In the wild

Our hiring strategy is Moneyball: we hire for traits the market underweights.โ€” tech recruiting

Tags

analytics
value
strategy

Related