On Process: Moneyball, Casinos, and You
July 30, 2018 at 07:10 AM EDT
In The Little Book of Behavioral Investing, James Montier relates a story by Paul DePodesta, of Moneyball fame, in the 16th chapter of the book. That chapter also happens to be a shortened version of the 2008 research piece that Seth Klarman refers to in the last post. DePodesta’s story weaves...