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Business Weekly: Michael Lewis On How Behavioural Economics Changed The World
Intelligence Squared
Isn't It Amazing That These People Can Be Misvalued?
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Lewis: I was in the locker room of the oakland ays, interviewing players about what it felt like to be on this oddly managed team. He says when he saw them naked, they had cankles and fat rolls; just didn't look like professional athletes. The management told him that one of the things we look for are players who are physically defective in some way. Lewis: By using statistical analysis to get to their performance value, we can find, we can we know how good they are,. but the market is deceived by what they look like.
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