Category Archives: Sapiens Lacuna

Sapiens Lacuna (wisdom from Bill James)

the alternative to good statistics is not “no statistics,” it’s bad statistics. People who argue against statistical reasoning often end up backing up their arguments with whatever numbers they have at their command, over- or under-adjusting in their eagerness to … Continue reading

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Change is hard

“Worldly wisdom teaches that it is better for the reputation to fail conventionally than to succeed unconventionally” John Maynard Keynes Failing unconventionally is even worse. Keynes point is that you are unlikely to be criticized for making the conventional choice, … Continue reading

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Sapiens Lacuna

“how valuable an asset in all walks of life is knowledge of people, of local conditions, and of special circumstances. To know of and put to use a machine not fully employed, or somebody’s skill which could be better utilized, … Continue reading

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