Lessons from Moneyball • Hacker News Board

Re: Lessons from Moneyball

#51

Post by jacques_chester » Mon, Feb 06, 2012, 11:04 PM UTC

its_so_on wrote: post #37

brandnewlow wrote: post #32

Earlier quoted context omitted.

That whole scene there at the end really killed me. It was not made clear to me why the protagonist made the choice he made. I wonder how he feels watching that scene in the film every time he attends a screening.

doesn't matter. should have jumped ship. (whatever his motivations for not doing so, the movie makes the lesson clear: it says in the final frames, that he's still trying to win the last game of the season with the A's... Why would they say that? What response would that possible elicit other than "should have gone over to Boston"?) I think the lesson of the movie is clear enough for me :)

Real life has a filthy habit of failing to produce neat, satisfying dramatic arcs.

Re: Lessons from Moneyball

#52

Post by harpastum » Mon, Feb 06, 2012, 11:09 PM UTC

pron wrote: post #26

I realize this comment may not be popular, but I gotta ask this. How come every burp that comes out of 37signals lands on the front page of HN? (Conformist... Yeah... http://www.youtube.com/watch?v=V4CggHUypjY ) EDIT: I guess I'm just allergic to cults.

I appreciate your sentiment, and I think 37signals does get more attention than they deserve on many occasions. However, the superior tone of your comment really rubs me the wrong way. Calling people who find value in something you don't doesn't immediately make them 'cultists'.

Re: Lessons from Moneyball

#53

Post by anamax » Tue, Feb 07, 2012, 3:16 AM UTC

startupfounder wrote: post #23

The lesson of Moneyball is to 1) do what you love/what you are good at and 2) purchase undervalued assets. This is the same strategy that Warren Buffet has been using for decades. The perception is high risk because you are going against the status quo, but in reality you are in a low risk senario because you are doing what you love and you see an undervalued asset. In the startup world it is the same thing. If you a…

> The lesson of Moneyball is to 1) do what you love/what you are good at and 2) purchase undervalued assets.

> This is the same strategy that Warren Buffet has been using for decades.

Buffet has been using govt and others to produce undervalued assets that he then buys. (Did your CitiGroup investment have a govt guarantee?)

He also pushes tax policy that directly benefits him. (Hint - the "millionaire's tax" that he's pushing doesn't apply to him. Same with the estate tax - virtually none of his estate will be taxed. He sells insurance to other folks who will have to payit.)

Guess who benefits from delaying/killing Keystone XL? (Buffet's railroads aren't nearly as efficient as pipelines.)

Re: Lessons from Moneyball

#54

Post by its_so_on » Tue, Feb 07, 2012, 7:57 AM UTC

jacques_chester wrote: post #51

its_so_on wrote: post #37

Earlier quoted context omitted.

doesn't matter. should have jumped ship. (whatever his motivations for not doing so, the movie makes the lesson clear: it says in the final frames, that he's still trying to win the last game of the season with the A's... Why would they say that? What response would that possible elicit other than "should have gone over to Boston"?) I think the lesson of the movie is clear enough for me :)

Real life has a filthy habit of failing to produce neat, satisfying dramatic arcs.

real life also has a habit of letting people in similar choices make the right one after seeing someone make the wrong one. The lesson of the film is pretty clear, sorry. Not it's dramatic arc, just its lesson. At least to me. But hey, if you want to keep chasing that last season game on an impossible budget, go ahead bro.