
Episode 3: Field of Ignorance
Against the Rules with Michael Lewis
00:00
The Limitations of Number-Based Understanding
This chapter explores the pitfalls of relying solely on quantitative measures like Wins Above Replacement in baseball and Value at Risk in finance. It underscores the importance of nuanced understanding in an intricate world, warning against the over-reliance on metrics that may obscure deeper truths.
Transcript
Play full episode