Episode · Invest Like the Best · 2023-01-24
Patrick O'Shaughnessy & Daryl Morey: books mentioned on Invest Like the Best #313
Daryl Morey - Systems Thinking in Sports - [Invest Like the Best, EP.313]
My guest this week is Daryl Morey, who is President of basketball operations for the Philadelphia 76ers. Daryl is a computer science graduate but has become one of the NBA’s most successful General Managers during his time with the Houston Rockets and the 76ers.
Daryl Morey discussed Moneyball by Michael Lewis, Thinking, Fast and Slow by Daniel Kahneman, and Superforecasting by Philip E. Tetlock and others.
Books mentioned, in the order they came up
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Moneyball
Discussed“It's not just find undervalued asset, which is famously Moneyball and written by Michael Lewis. It's about finding undervalued assets in your system and structure.”
Where to get it
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Thinking, Fast and Slow
Discussed“To your point, humans are pretty bad at decisions. I'm pretty confident in that, including you have to put the mirror to yourself and realize your own biases. And those are famous we've even written about thinking fast and slow in a lot of different books.”
Where to get it
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Superforecasting
Discussed“The good judgment project is interesting. Super forecasting. I don't know if you've talked to Tetlock. Yeah. But the use of Breyer scores and things like that give you a good sense over time.”
Where to get it
Other mentions in this episode (2) — ad reads, self-promotion and passing references, never counted
Passing Moneyball
“He's been so influential that his style has earned its own name, Maury Ball, a nod to Michael Lewis's book about baseball, Moneyball.”
Passing The making of the atomic bomb
“And then Oppenheimer, you know, I know there's a movie coming out now, but I read the history of the making of the atomic bomb and his ability to mobilize things that are almost unmobilizable.”