Notes from the Diamond #9: How About Never
Axioms to live by in baseball and in investing!
1) Outsiders to an organization can never know in real time what goes on inside it.
2) Human labors …
Category: Notes from the Diamond
Notes from the Diamond #8: Room For Doubt
In both baseball and in investing, we need an all-purpose test of excellence, not just for identifying MVPs like Mike Trout, but for seeing how all of…
Notes from the Diamond #7: Hittin ‘Em Where They Ain’t (Part 2)
ET contributor David Salem is back with five core tenets for achieving 5+% real returns over the next few decades.
It's all a must-read, but I'm gonn…
Notes from the Diamond #6: Hittin’ ‘Em Where They Ain’t (Part 1)
In baseball and in investing, how do we distinguish truly great practitioners from merely good ones? Let's start by looking at two greats who revoluti…
Notes from the Diamond #5: Wannabes Beware
Imitation is not only the sincerest form of flattery, it's also the engine behind so much of what we do in both professional baseball and professional…
Notes from the Diamond #4: Less Is More
Peer group comparisons are the primary measuring stick of both baseball GMs and investment PMs. Here's how they are used and (more often) abused.
Notes from the Diamond #3: Everything Has Its Price
Allocators and investors can learn a lot from professional baseball about how to structure incentives and compensation for portfolio managers. And how…
Notes from the Diamond #2: Until the Truth Comes Out
Part 2 of a multi-part series that seeks to enhance readers’ deployment of both human and financial capital through the exploration of parallels bet…
Notes from the Diamond #1: Always Something New to Learn
Part 1 of a multi-part series that seeks to enhance readers’ deployment of both human and financial capital through the exploration of parallels bet…