Book Description: "One of the best baseball—and management—books out....Deserves a place in the Baseball Hall of Fame."—Forbes
Moneyball is a quest for the secret of success in baseball. Following the low-budget Oakland Athletics, their larger-than-life general manger, Billy Beane, and the strange brotherhood of amateur baseball enthusiasts, Michael Lewis has written not only "the single most influential baseball book ever" (Rob Neyer, Slate) but also what "may be the best book ever written on business" (Weekly Standard).
I wrote this book because I fell in love with a story. The story concerned a small group of undervalued professional baseball players and executives, many of whom had been rejected as unfit for the big leagues, who had turned themselves into one of the most successful franchises in Major League Baseball. But the idea for the book came well before I had good reason to write it—before I had a story to fall in love with. It began, really, with an innocent question: how did one of the poorest teams in baseball, the Oakland Athletics, win so many games?
With these words Michael Lewis launches us into the funniest, smartest, and most contrarian book since, well, since Liar's Poker. Moneyball is a quest for something as elusive as the Holy Grail, something that money apparently can't buy: the secret of success in baseball. The logical places to look would be the front offices of major league teams, and the dugouts, perhaps even in the minds of the players themselves. Lewis mines all these possibilities—his intimate and original portraits of big league ballplayers are alone worth the price of admission—but the real jackpot is a cache of numbers—numbers!—collected over the years by a strange brotherhood of amateur baseball enthusiasts: software engineers, statisticians, Wall Street analysts, lawyers and physics professors.
What these geek numbers show—no, prove—is that the traditional yardsticks of success for players and teams are fatally flawed. Even the box score misleads us by ignoring the crucial importance of the humble base-on-balls. This information has been around for years, and nobody inside Major League Baseball paid it any mind. And then came Billy Beane, General Manager of the Oakland Athletics.
Billy paid attention to those numbers —with the second lowest payroll in baseball at his disposal he had to—and this book records his astonishing experiment in finding and fielding a team that nobody else wanted. Moneyball is a roller coaster ride: before the 2002 season opens, Oakland must relinquish its three most prominent (and expensive) players, is written off by just about everyone, and then comes roaring back to challenge the American League record for consecutive wins.
In a narrative full of fabulous characters and brilliant excursions into the unexpected, Michael Lewis shows us how and why the new baseball knowledge works. He also sets up a sly and hilarious morality tale: Big Money, like Goliath, is always supposed to win...how can we not cheer for David?
Amazon.com: Billy Beane, general manager of MLB's Oakland A's and protagonist of Michael Lewis's Moneyball, had a problem: how to win in the Major Leagues with a budget that's smaller than that of nearly every other team. Conventional wisdom long held that big name, highly athletic hitters and young pitchers with rocket arms were the ticket to success. But Beane and his staff, buoyed by massive amounts of carefully interpreted statistical data, believed that wins could be had by more affordable methods such as hitters with high on-base percentage and pitchers who get lots of ground outs. Given this information and a tight budget, Beane defied tradition and his own scouting department to build winning teams of young affordable players and inexpensive castoff veterans.
Lewis was in the room with the A's top management as they spent the summer of 2002 adding and subtracting players and he provides outstanding play-by-play. In the June player draft, Beane acquired nearly every prospect he coveted (few of whom were coveted by other teams) and at the July trading deadline he engaged in a tense battle of nerves to acquire a lefty reliever. Besides being one of the most insider accounts ever written about baseball, Moneyball is populated with fascinating characters. We meet Jeremy Brown, an overweight college catcher who most teams project to be a 15th round draft pick (Beane takes him in the first). Sidearm pitcher Chad Bradford is plucked from the White Sox triple-A club to be a key set-up man and catcher Scott Hatteberg is rebuilt as a first baseman. But the most interesting character is Beane himself. A speedy athletic can't-miss prospect who somehow missed, Beane reinvents himself as a front-office guru, relying on players completely unlike, say, Billy Beane. Lewis, one of the top nonfiction writers of his era (Liar's Poker, The New New Thing), offers highly accessible explanations of baseball stats and his roadmap of Beane's economic approach makes Moneyball an appealing reading experience for business people and sports fans alike. --John Moe
Baseball Market I found this book fascinating. I had read Michael Lewis' earlier book "Liar's Poker", about his dealings on Wall Street. What struck me most was how he brought his free-market capitalism frame of reference to the world of Major League Baseball and found that for a small group avant-garde managers, the same basic rules apply. Buy low, sell high, don't listen to market hype, and never get emotional. This book might be disturbing to people who have a lifetime love of the pure game, but Major League Baseball is also a business and has to be acknowledged as such.
Sports Fan unfamiliar with Baseball I love sports. I love business, finance, and statistics. I've never been a baseball fan. This book was very well written to appeal to a very broad audience with a wide variety of backgrounds on the topic. The principle observations are delivered through expert story telling around very compelling central figures.
Without flowery language or paragraph after paragraph of adjectives - Lewis recounts experiences and conversations with such clarity that you can almost see, smell, and hear the scenes unfolding.
I won't look at baseball or the exploitation of market inefficiencies the same after having read this book. I'd recommend this book to anyone with intellectual curiosity.
Revolutionizes the way that you think about baseball So I'm a big fan of fantasy baseball. And for those that are as well, you know that playing the fantasy game changes the way you look at everything. Moneyball has the same effect. It just revolutionizes your outlook on the game of baseball. The "important" stats like RBIs and runs are replaced with really important ones, like OBP and pitches per at bat. No name guys like Scott Hatteberg become cogs that make teams great.
Michael Lewis crafts a book that is engaging on several levels -- to the baseball fan, the economist, and the statistician.
Ever wonder why we give more credit statistically to a guy that bloops a single just out of a poor fielder's reach vs. the guy that smashes a homerun, but is robbed by an amazing leaping catch? This book answers those sorts of questions. And it does so through the amazingly in depth looks at the mind of Billy Beane, the genius that built the A's, renowned for their ability to find talent that other teams miss.
I would highly recommend this book to any fan of baseball on any level. It's a truly great book, and one that will leave you feeling a bit like you stumbled upon a little known secret. You'll suddenly rush and start analyzing the latest pickups of your favorite team. You'll feel compelled to run out and follow the career of guys you'd never heard of before reading the book (and hint...they don't get on SportsCenter that often...). No regrets after reading this, and I promise it will be staying on my shelf for a long time.
saberspace Baseball is a game that nerds can really enjoy, largely because of the availability of abundant and meaningful statistics. Back in the 1970s the basic numbers could be obtained through books that were published every year, but a small group of super-geeks began looking more deeply into the mathematics of the game and developing their own metrics for rating players. These guys were mostly self-taught statisticians and motivated entirely by an obsessive passion for the game. I'm talking about people like Bill James, who a few decades ago was a security guard who began publishing really interesting and well-written analyses of baseball statistics in his famous Bill James Baseball Abstracts.
Of course baseball is also fun to watch, even for those who don't enjoy crunching numbers in their spare time. That's why it's a multibillion dollar business, and that's where the influence of the Jamesians gets really interesting. The thing is that for the sport's first 100 or so years the process of locating and recruiting talented players was based entirely on the gut instinct of the scouts employed by each team. These guys were mostly ex-players who made decisions based on notions that had nothing to do with (and often conflicted completely with) the available evidence. (The fact that the world is run almost entirely by people who think this way makes this book all the more insightful.)
Moneyball highlights the success of General Manager Billy Beane, who was able to run a very successful team for many years on a low budget by adapting the statistical approach. Interestingly, Beane was a player who was highly touted by the old-school scouts who employed the conventional criteria (which apparently amounted to something like imagining how the player would look on a baseball card). Beane's struggled throughout the 1990s to bring baseball into the 20th century, and he has had a substantial impact on the game, although any fan who watches the sport in 2008 will tell you that old habits die hard.
Moneyball My 15 yr. old son is currently reading it. He can't put it down and he is not an avid reader. He is a baseball nut who not only follows the sport but plays it in high school and hopefully college in a few years. Everyone who catches a glimpse of him reading Moneyball raves about the book themselves. It's an A+ in this mom's book.
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