There are several insights at the heart of the A’s system that I think are wonderful for baseball. One, that it’s a team game. That no one player is going to make that much of a difference to your team, so for god’s sake don’t go blow a quarter of your budget on one guy.

Baseball has so much history and tradition. You can respect it, or you can exploit it for profit, but it's still being made all over the place, all the time.

People in both fields operate with beliefs and biases. To the extent you can eliminate both and replace them with data, you gain a clear advantage.

It is far better to keep the enemy close, by bribing him with stock options, than to have him out in the wild, foraging.

Hollywood would much prefer the author be dead, so that they can buy the book and do what they want to do with it.

What are the odds that people will make smart decisions about money if they don't need to make smart decisions--if they can get rich making dumb decisions? The incentives on Wall Street were all wrong; they're still all wrong.

Yet another hedge fund manager explained Icelandic banking to me this way: you have a dog, and I have a cat. We agree that each is worth a billion dollars. You sell me the dog for a billion, and I sell you the cat for a billion. Now we are no longer pet owners but Icelandic banks, with a billion dollars in new assets.