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Game theory. Iff you're the only one in town doing it, it's a competitive advantage. As it becomes well-known, the market gets more efficient at valuing players
by johnnienaked 1y ago
Game theory. Iff you're the only one in town doing it, it's a competitive advantage. As it becomes well-known, the market gets more efficient at valuing players and this specific advantage erodes away.
- jghn 1y agoThis was the issue with the common meme of "moneyball". It was never about optimizing the specific stats the A's originally used. The whole point was to zig when everyone else was zagging to save money.
- lubujackson 1y agoA better example of this is Bill Belichick. He drafted multiple TEs when nobody valued the position, paid for top special teamers, like gunners (for pennies), switched to. 3-4 defense when every other team was 4-3, then back again when team copied him.
- bongripper 1y ago[dead]