Tuesday, September 15, 2015

What Brad Pitt Taught Me About Trading


Moneyball (2011) is a bio-sports-movie about Billy Beane, played by Brad Pitt, the manager of the Oakland A’s baseball team and his struggles to put together a competent team while working with a severely limited budget. The movie is well done and worth watching (even if you’re not a baseball fan), but it’s the subject of the movie that I think is relevant to traders. If you’ve seen the movie you know that Beane (Pitt) attempts to resolve the problem of finding quality players by leaving the old school scouting model and embracing a new philosophy. Through his new criteria he picks up “budget” players which other teams have overlooked, but he hopes will perform well on the field. Without giving away the movie I’ll tell you that the focus of player selection comes down to finding players who are consistently able to get on base. Get on base and you have a chance to score. This is a perfect analogy for what traders need to do to become profitable as well. While it is fun t
https://www.indicatorwarehouse.com/what-brad-pitt-taught-me-about-trading/

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