
Jon Wertheim – Sports and… (Capital Allocators, EP. 102)
Capital Allocators – Inside the Institutional Investment Industry
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Luck, Performance, and Modern Sports
This chapter examines the often-overlooked role of luck in sports and investing, highlighting how randomness influences success beyond hard work and strategy. It discusses the evolution of basketball analytics, the implications of sports gambling, and the changing dynamics between fans and teams. The chapter also reflects on the transformative impact of technology and media on the sports industry while questioning the sustainability of current funding models.
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