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.— tech recruiting

Tags

analytics
value
strategy

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