Rating:  Summary: Surprisingly Great Book Review: I was surprised at how great this book was. I had put this book near the top of my reading list. Soon after that, I read an excerpt that was from the middle of the book. Little did I know that it was probably one of slowest sections of the book, so I moved it down on my list. When talking with out attorney, he mentioned that the book was really good. The next day I started reading it -- and couldn't put it down. It was really good.You get to know parts about baseball that are rarely covered. Even a non-baseball reader will come away being very informed and capable of passing it on to friends who might be sports freaks. Highly recommended.
Rating:  Summary: Not quite on the money Review: For as much buzz as this book got, I find it to be pretty light on substance. Basically, the premise is that the A's eschew traditional scouting, which is by and large based upon "potential" and instead look to stats to see how a player has actually performs as measured by stats like walks and on-base percentage. That's about it. It's too early in the game to judge if any of the picks or way of doing business here is a success. I guess if the A's want to run their team like a fantasy baseball team, that's great, but as history has shown although it has given them a competitive team, it has yet to field a great team. Sure, their GM makes some good trades, but he makes some gobblers too (that don't make it into the book). Overall, the book did not seem balanced, fair, or even insightful. A good example is the discussion on Giambi...on how Oakland had to really do it's work to try to replace their premier player who was going to the dark side (the Yankees). I guess the fact that Giambi was a guy who came up before Billy Beane and was picked by the traditional scouting system wasn't mentioned because it was contrary to what the author is trying to say. Has Oakland done a good job fielding a team? Sure...but so has Kansas City, Minnesota, Toronto and Montreal, all with teams that have a comparable payroll to the A's. I'm guessing in a few years once the current Oakland roster cycles through and they go back to mediocrity you will not be seeing teams hiring stat-nerds to sign players with. At least it was a short, quick read. My take is that the less you actually know about baseball, the more you will enjoy it, because for the rest of us most of the conclusions are just bunk. It strikes me that the author knew what the book was going to be before he started and then went out and filtered the "facts" to support it.
Rating:  Summary: Right on the Money Review: Life is very different in Billy Beane's world. The much-ballyhooed general manager of the Oakland A's has led a revolution in how major league teams evaluate players and manage their teams. According to Mr. Beane stolen bases are too risky to attempt, 'runs batted in' is a useless stat, and sacrificing is a waste of an out. Five years ago, teams laughed when armchair baseball statisticians suggested that their new stats could give teams an edge in evaluating talent. The laughing has stopped, and stats like OPS, EQA, and VORP are as common at the stadium as hot dogs and foam fingers. The statistical revolution began when Bill James started looking at baseball statistics in a whole new way in the late 1970s. He began to self-publish his "Baseball Abstract", and stats would never be the same. Now, the A's have Harvard educated computer geeks who have never put on a baseball jersey pouring over statistics such as on-base percentage, slugging percentage, and OPS (on-base plus slugging). These Ivy-league whiz kids have just as much, if not more, input than the scouts who have been watching the game since before Sandy Koufax was taking the mound. Faced with the daunting task of documenting the revolution of baseball statistics and explaining those stats to the average fan, Michael Lewis has struck gold. This book reads like a gripping piece of fiction. Mr. Lewis brilliantly weaves humorous anecdotes and bits of baseball history into a documentation of Oakland's season. From draft day to the postseason, "Moneyball" shows how Billy Beane pulls more strings from the front office than Art Howe does from the dugout. This book will change the way you watch baseball. If you don't read "Moneyball" you're going to be left out of the baseball conversation for the next five years.
Rating:  Summary: Fascinating Book Review: I'm not much of a baseball fan, but this book is about much more than baseball. While I hate cliche's, frankly this book is about "thinking outside the box". It explores how the Oakland A's have been consistent winners while mainting a low salary. They have managed to do this by figuring out the characteristics of ideal players who can really help the team win. It is fascinating to read about how simple some of these stats are, and yet how elusive they were for the rest of the teams. For the businessman the challenge is clear: figure out ways to win that the competition has overlooked, and success awaits you. An altogether brilliantly written book, I've already given copies to several people in my company to read.
Rating:  Summary: Highly Misleading! Review: Very interesting indeed but quite misleading to anybody outside of baseball. It should be pointed out that the biggest reason for the A's success is strong scouting and player development that has produced the core group of players like Tim Hudson, Mark Mulder, Tejada, Chavez, etc. These guys weren't picked based on some computer printout or webpage, they were selected by their scouting dept. and are now the core of the team. Rick Peterson is also one of the best young pitching coaches in the game and deserves credit. He barely got mentioned in the book. Somehow I don't think that this book came out how Billy Beane would have wanted it to and I would venture to say he is somewhat embarassed. Sure, Hatteberg and Bradford are great signings but only two examples and the team isn't built around them. The draft strategies being emloyed now by Oakland are due to baseball economics and highly risky. We won't know until years down the road wether some of these drafts are a success or a failure. The statistical info. is a neat little discovery by the computer people and Bill James, etc. but it is given far too much credit in the book for the success of Oakland.
Rating:  Summary: A Good Book Makes a Great Life Metaphor Review: I really enjoyed this book. I agree with some of the previous reviewers who noted that various aspects of the narrative style are distracting and not particularly well executed. But the content of the story is compelling and carries the reader through the 300 pages in a breeze. Additionally, I enjoyed thinking about 'market inefficiencies' as they may pertain to other business and consumer aspects of life in America. Aren't there many domains in which the 'experts' have been doing things their way for eons and no one questions them? I can think of several possibilities. And Billy Beane and Paul DePodesta demonstrate for us how dogged questioning (in the face of stern opposition) and scientific inquiry can bring fresh and new perspectives to light. I recommend this book and expect that it will be enjoyed by baseball fans (not just A's fans) as well as those curious about how capitalism works in a relatively closed, old-boy network business environment.
Rating:  Summary: excellent explanation of market inefficiencies Review: Michael Lewis, by trade a financial journalist, has brought his knowledge and background in financial markets to bear on the subject of baseball. Lewis saw the Oakland A's do as well or better than many teams whose payrolls were far in excess of that of the A's and he realized a parallel to what arbitrageurs and hedge fund managers on Wall St. do: the A's saw inefficiencies in the market in which they participated--the labor of elite athletes (if baseball players can be considered athletes)--and sought to exploit those inefficiencies to their benefit. A little background is due here. Lewis draws a parallel between the revolution that computing power brought to Wall St.--derivatives, specifically, and the ability to analyze reams of statistical data quickly, generally--and the analysis of baseball statistics. Much like Michael Milken made a killing on trading bonds, or Michael Bloomberg made a killing on developing a computer system through which the Milkens of the world could analyze their data, Lewis insists, quite convincingly, that their are statisitcal analyses much more relevant to and predictive of success on the diamond than the simplistic statistics with which we are all familiar--fewest errors, most home runs, most strikeouts, most steals, etc. It is on these points that Lewis excels. He brings a clarity of thought to bear on these abstractions that is rare for a journalist. His explanation of the theoretical underpinning of the A's success as of late is excellent and is accessible by a layman (of which I am one). However, in an effort to evoke the constant tension between those more theoretical practitioners of the game and the more traditionally-minded 'tools' men--those people for whom strikeouts and homeruns and the most predictive measure of success--Lewis allows his narrative to veer from the clarity of his theoretical explanations. All too often I dinf Lewis' depiction of inside banter to be confusing, if not irrelevant. Rather than try to contextualize a lot of banter, Lewis instead throws reference, discussion, terminology, and name atop one another for extended paragraphs--and then brings this discussion back to the tension which originally intrigued him. What Lewis tries to do, and what I don't find entirely convincing, is evoke through a narrative style the tension between the old and the new. Of course, there is precedent for this: his earlier and more well known book Liar's Poker tried to demonstraste the culture of trading floors in the early and mid-1980s. I recommend the book with the understanding that its dialogue is burdensome and distracts from the rest of the otherwise excellent introduction to how exploitation of inefficiencies in a market can give a poor organization returns disproportionate to the resources that organization has to devote to the market.
Rating:  Summary: Great Pastime Info! Review: Mr. Beane definitely makes some great points with this book. He does this at the expense of fellow GM 's though his points seem to work. He makes too little that he didn't win it all yet still continually pats himself on the back. We are a baseball loving family and on the whole this is one of the two best baseball products we bought on Amazon (the other being an incredible video called, "Backyard Baseball Drills"). From someone who tries to make baseball fun with my kids, this book shows the business end of what I always called a "kid's game". It is very good reading. I recommend it!
Rating:  Summary: For More of Everyone Than You Might Expect Review: This is a great book for anyone who is in anyway interested in any proffesional sports. It gives great narration through the drafting process and there are many parts in the book that require thinking which is almost always a plus. With the way it is written, it really places the reader in the situation; great writing. You don't need to be an A's fan or evena big fan of baseball to enjoy this book.
Rating:  Summary: Took me out to the ballgame Review: As a huge baseball fan, I found this to be a very informative book. It gives great insight into how & why players are bought, sold and traded. A must read for the more than just 'casual fan'. For a change of pace (for laughs), I recommend Lenny Castellaneta's 'No One's Even Bleeding'.
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