MONEYBALL QUOTES
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THE POWER OF STATISTICAL ANALYSIS DEPENDS ON SAMPLE SIZE
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OUR QUEST FOR NEW KNOWLEDGE STIRS US AWAY FROM THE RAW STATS USED BY EXISTING “TOOLS OF THE TRADE” THAT LEAVE A TIDY LIE FOR OTHERS TO ADMIRE. WE OPT FOR OUR OWN COMPLEX STATISTICAL FINDINGS THAT INEVITABLY LEAVE AN HONEST MESS FOR ANYONE WILLING TO CLEAN UP, INSPIRING OTHERS TO JOIN THE CAUSE. THE CAUSE IS MUCH BIGGER THAN JUST PLAIN STATISTICS. THE CAUSE IS THE SYSTEMATIC SEARCH FOR NEW KNOWLEDGE ON PEDIGREE ANALYSIS
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NARROWING DOWN A LARGE NUMBER OF POTENTIAL BUYS TO JUST A FEW
SELECTED ONES WAS ALWAYS COMPELLING, MORE SO NOWDAYS THAT THE SUMS INVESTED IN “ELITE” BLOODSTOCK ARE ASTRONOMICAL
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IT IS UNDERSTANDABLY UNORTHODOX BUT INITIALLY YOU HAVE TO TURN YOUR ATTENTION FROM SELECTING HORSES TO ELIMINATING THEM, BEFORE YOU TURN BACK TO SELECTING FROM A MUCH SMALLER GROUP OF “ELITE” HORSES
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WE ARE LOOKING FOR THE HORSE THAT HAS THE RAW ATHLETIC ABILITY THE “SCOUTS” ADORE, BUT IT ALSO HAS THE STATS THAT WE AT 6 TH SENSE PEDIGREES HAVE DISCOVERED MATTER MORE THAN ANYTHING
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THE IMPORTANT TRAITS IN A HORSE ARE NOT ALL EQUALLY IMPORTANT
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YOU ONLY HAVE TO SEE IT ONCE, THEN IT’S THERE, YOU AND ONLY YOU, WOULD KNOW THE MEANING OF WHAT YOU SAW, YOU HAVE FOUND THE ONE WHO IS GOING TO MAKE YOU FAMOUS
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YOU DIDN’T GET HERE TO MAKE DECISIONS, WE GOT YOU HERE TO SHOW YOU THE NEW WAY THAT DECISIONS ARE GOING TO BE MADE
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“WE TAKE FIFTY (HORSES?) AND WE CELEBRATE IF TWO OF THEM MAKE IT. IN WHAT OTHER BUSINESS IS TWO FOR FIFTY A SUCCESS?”
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“HOWEVER WE DO IT WE’RE NEVER GOING TO BE MORE WRONG THAN THE WAY WE DID IT BEFORE”. BILLY BEAN – OAKLAND As in MONEYBALL
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TRAINERS BELIEVE THEY CAN JUDGE A HORSE’S POTENTIAL SIMPLY BY WATCHING IT. THEY ARE DEEPLY MISTAKEN
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THE DIFFERENCE BETWEEN A GOOD HORSE AND AN AVERAGE HORSE IS MOST OF THE TIME NOT VISIBLE, IT IS A MATTER OF PERFORMANCE RECORD
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WHEN YOU CHALLENGE THE CONVENTIONAL WISDOM YOU WILL INEVITABLY FIND WAYS TO MAKE FAR BETTER DECISIONS
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NO QUESTION IN PEDIGREE ANALYSIS HAS BEEN ANSWERED AS WELL AS IT EVER WILL BE, KEEP SEARCHING, TESTING AND HYPOTHESIZING
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THE ART OF USING THE SCIENCE IN THE ATTEMPT OF WINNING AN UNFAIR GAME
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MONEY BUYS SUCCESS IN RACING, IS THAT A CRIME IN ITS OWN RIGHT?
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WEAK AND INEFFICIENT “TRADITIONAL” HORSE SELECTION PRACTICES LEAVE ROOM FOR A SUPERIOR SELECTION SYSTEM TO RUN CIRCLES AROUND TALL PILES OF CASH
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NO MATTER HOW ACCURRATELY YOU VALUE PAST PERFORMANCE, IT IS STILL AN UNCERTAIN GUIDE TO FUTURE PERFORMANCE
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THE SELECTION IS NEVER “PERFECT” BUT IT IS MUCH BETTER THAN THE
ALTERNATIVE, RENDERING DECISIONS BY GUT FEELING
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WE SEE OURSELVES AS OUTSIDERS WHO HAVE FOUND A WAY TO ENTER A PLACE DESIGNED AND OPERATED OVER THE YEARS TO KEEP OUTSIDERS OUT
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YOU HAVE TO ENVY CASINO MANAGERS, AT LEAST THEIR BLACKJACK DEALERS WON’T DRAW A CARD AT 19!
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