Details Are Part of Our Difference
Podcast Episode – Meir Statman
With the Recent Events in Ukraine, Should I Make Changes to My Portfolio?
Embracing the Evidence at Anheuser-Busch – Mid 1980s
529 Best Practices
Sometimes we run out of time and space to highlight everything we’ve loved reading in the last month. Based on the talk in the office, the following items deserve your attention, even if they didn’t get their own dedicated post.
- The Randomness of Global Equity Returns – We love this piece by Dimensional and you will too.
- Meet the Money Whisperer to the NBA Elite – We enjoyed this NYT profile.
- 6 St. Louis Dads Highlighted in St. Louis Magazine and you’ll know one of them.
- Our friend John Jennings nails it with this interesting fact of the day.
- Podcast Love from St. Louis Magazine
Data Data Everywhere
Using data and evidence to make better decisions is one of our foundational beliefs, yet some of the sports world is just finally catching on.
The May episode of 60 Minutes Sports on Showtime looks at the use of analytics in the NBA. The episode features the MIT Sloan Sports Analytics Conference and shows how data is helping teams make better decisions about players and players make better decisions on the court.
Much like when traditional investment wisdom was turned on its head, the NBA has learned that it’s not always the highest vertical jump, the fastest dribbler or the most slam dunks that indicate the best recruit or combination of players. As their understanding of the data continues to evolve, it helps coaches and owners make more informed decisions for the long run.
You can watch a trailer of “The Revolution of Sports Analytics” report or Showtime subscribers can watch the full episode (Episode 5) OnDemand or via Showtime. More information and links are available here.