Moneyball by Michael Lewis
Moneyball by Michael Lewis is not your typical sports book. Indeed, as I read the back of the book now, I notice that it’s classified as Sports/Business. I’m a sports fan, but haven’t ever gotten into sports books. I watch enough sports (my wife is quick to point that out) so I couldn’t see really doubling up and reading about it too. I’ve read a few bicycling books including the fantastic The Rider by Tim Krabbe. I also read and enjoyed Seabiscuit. (I caught a bit of the horse racing bug when I lived down in San Diego and took a shine to the Del Mar Fairgrounds.)
Moneyball is another fringe sports book, and is more business, numbers and statistics than sports. That, in a nutshell, is the plot of the book. Lewis follows the Oakland A’s Billy Beane as he brings rational, fact-based decision making to baseball. Now, let me preface the rest of my review by saying that I like numbers and statistics. Segmenting a database? Sounds fun to me! Running baseball statistics through a regression analysis? I’m intrigued! Now I’m not saying that you need to like numbers to enjoy Moneyball, but I think it helps.
It also helps that the A’s are one of my local teams. Living in the Bay Area you have the A’s and the Giants. I like both, but force my hand and I’d go with the A’s, even more so after reading Moneyball. I’d heard about Moneyball but just didn’t think I’d really dig a sports book. A former colleague at Alibris (now at Linden Labs aka Second Life) said I’d definitely like it. He sat in the cube next to me and clearly understood that this was a perfect blend of sports and numbers.
Sure enough I sped through this book - 4 round-trip sittings on BART - and was amazed that numbers weren’t used more in evaluating baseball talent. How could all these teams simply trust their gut? How could they see potential in a guy and ignore what was in black and white? How could they ignore the numbers because they didn’t look like a typical ballplayer? The idea that past performance indicated future performance was slightly foreign to many of the ‘old school’ baseball executives.
There’s another layer in the book, about the mental part of the game, about expectations and confidence and how they all get warped by the sport of baseball. And yet another about the ex-jocks and hangers-on in baseball who are threatened by the ‘nerds’ who bring a greater amount of clarity and accountability to their profession. Lewis was wise to include these more human elements so that the nuts and bolts of OBP and why walks were so valuable and stolen bases over-rated don’t overwhelm the book.
If you have any interest in how the A’s continue to win with one of the smallest payrolls, or enjoy reading about people who introduce a disruptive force in an old and inefficient system, then read Michael Lewis’ Moneyball.
