What Brad Pitt Taught Me About Trading - 35
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Brad Pitt starred in a show called MoneyBall.
It's about a guy named Billy Beane. That's his real name.
He's a former ballplayer who was hired to take over as the general manager of the Oakland A's. One of the worst teams in baseball at the time, they were doing okay but they had a problem.
See, they're not a ... They're called a small market team, which means that they don't have a lot of fans to draw from, and so they don't make as much money as other teams do. And so their budget is much, much smaller. So they need a budget in order to hire the best players.
So if you want the big home run hitters, you want the, the names that everybody knows, you got to pay him a lot of money. And the Oakland A's, they didn't have that budget.
His job, Billy Beane's job was to recruit a team of players that could win games with the budget one third the size of the other teams in the league.
So Billy did something controversial. He stopped focusing on the players and started focusing on what actually wins ball games: getting on base.
If you get on base, you will games.
And in trading it is the same thing. You win on your trades, you make more money.
Small hits: singles, doubles and walks.
Small hits: winning on trade after trade when the odds are in your favor.
Hear about how you too can win in trading by taking the unconventional route.
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