3 ms·
> If we identify "undervalued" with "salary below market rate", one obtains the statement above: By moneyballing, look for great developers who are paid below m
by zck 6y ago
> If we identify "undervalued" with "salary below market rate", one obtains the statement above: By moneyballing, look for great developers who are paid below market rate (and will thus accept a salary far below the one of "rockstar developers") and hire them.
This is very close to what I was thinking, but there's a slight difference. I was thinking less about people who are _underpaid_ relative to how well they are performing, and more about people who are _underperforming_ relative to how well they could be.
I imagine this to be the most powerful kind of sports scouting -- you look for the people who could do well in the majors, no matter how well they're doing now. It's trivial to say "LeBron James would be a good #1 pick"; it's harder to recognize people like Kurt Warner (https://en.wikipedia.org/wiki/Kurt_Warner https://en.wikipedia.org/wiki/Kurt_Warner), an NFL quarterback who went undrafted, but was inducted into the NFL Hall of Fame. I'm talking about people who have more potential than they're showing.