Invest Like the Best with Patrick O'Shaughnessy
Daryl Morey - Systems Thinking in Sports - [Invest Like the Best, EP.313]
My guest this week is Daryl Morey, who is President ...
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Jan 24 2023 1h 3m
Chapter 1 6 mins
[First question] The basic principles of sports and what makes for a great sportChapter 2 3 mins
How resource concentration influences outcomes in various sportsChapter 3 3 mins
The degree of certainty in predicting sports outcomes based on existing dataChapter 4 2 mins
Using the concept of KPIs to optimize for certain characteristics to win gamesChapter 5 2 mins
Training teams on specific systems and plays versus leveraging individual talentChapter 6 2 mins
Why superstar athletes are key to success in basketballChapter 7 1 min
Dealing with constant expected value calculations to appease stakeholdersChapter 8 3 mins
Building the organization’s back office to find talented athletesChapter 9 5 mins
How he and other GMs make organization-level decisionsChapter 10 2 mins
Why he’s involved with basketball as opposed to other sportsChapter 11 1 min
How he uses his frameworks to figure out systems outside of mainstream sportsChapter 12 4 mins
Problems with the rules and economic factors of professional soccerChapter 13 1 min
Suggestions to mitigate huge point spreads that make viewers disinterestedChapter 14 2 mins
Trends he’s observed in the worlds of music, movies, and booksChapter 15 2 mins
His perspective on developing one’s own career pathChapter 16 1 min
How challenges in his youth benefited him in the long runChapter 17 1 min
The person he would call for advice if he was stuck in a foreign prisonChapter 18 1 min
His emphasis on first principles and why he supports free speechChapter 19 4 mins
Takeaways from a Harvard negotiation class he tookChapter 20 1 min
The power of refining the terms and definitions of a deal post-negotiationChapter 21 2 mins
The four people in the world that intrigue him mostChapter 22 1 min
The kindest thing anyone has ever done for him