Baseball for the Thinking Fan

Login | Register | Feedback

btf_logo
You are here > Home > Baseball Newsstand > Baseball Primer Newsblog > Discussion
Baseball Primer Newsblog
— The Best News Links from the Baseball Newsstand

Friday, January 29, 2010

Fangraphs: The New Inefficiency?

One of the main uses of value analysis is to try and find market inefficiencies. Ten years ago, on base percentage was undervalued, so teams loaded up on high walk guys that scouts didn’t care for. More recently, defense has been the undervalued asset, so teams have gone after guys who can turn balls in play into outs.

[...]

What will the next big inefficiency be? It’s impossible to predict, of course, but I have a guess – old players.

This has been on my mind lately, with some recent cheap FA signings ... I’m glad to see Cameron articulate it clearly here.

Der Komminsk-sar Posted: January 29, 2010 at 04:37 PM | 34 comment(s) Login to Bookmark
  Tags: business, giants

Reader Comments and Retorts

Go to end of page

Statements posted here are those of our readers and do not represent the BaseballThinkFactory. Names are provided by the poster and are not verified. We ask that posters follow our submission policy. Please report any inappropriate comments.

   1. The importance of being Ernest Riles Posted: January 29, 2010 at 06:12 PM (#3449776)
My first order of business as Grand Sabermetric Poobah will be to ban the word "inefficiency."
   2. Yeaarrgghhhh Posted: January 29, 2010 at 06:14 PM (#3449779)
I made this point last year!!1!1 I wish I could find the comment.
   3. Pasta-diving Jeter (jmac66) Posted: January 29, 2010 at 06:31 PM (#3449799)
so you're saying that SABRists who refuse to use the term inefficiency will be the new market inefficiency?
   4. BrianBrianson Posted: January 29, 2010 at 06:32 PM (#3449802)
Publishing bogus sabermetric analysis to screw over those teams too cheap to hire an in-house guy, who just use publicly available stats.
   5. Pasta-diving Jeter (jmac66) Posted: January 29, 2010 at 06:40 PM (#3449820)
disinfometrics--I like it
   6. Robert in Manhattan Beach Posted: January 29, 2010 at 07:50 PM (#3449924)
I'm not going to read it, but are the Giants mentioned in the article or is it just to hard to resist putting the 'San Francisco' tag on a post about signing old players?
   7. Willie Mayspedes Posted: January 29, 2010 at 08:34 PM (#3449987)
If we are abolishing words I nominate mea culpa.
   8. Der Komminsk-sar Posted: January 29, 2010 at 08:44 PM (#3450002)
6 - Just a joke. An easy, easy, joke...
   9. Sam Hutcheson is the Rickey Henderson of... Posted: January 29, 2010 at 09:05 PM (#3450029)
I personally think efficiency is the next market inefficiency.
   10. JoeHova Posted: January 29, 2010 at 09:09 PM (#3450036)
If we are abolishing words I nominate mea culpa.

I nominate "methinks".
   11. villageidiom Posted: January 29, 2010 at 09:10 PM (#3450037)
I made this point last year!!1!1 I wish I could find the comment.
Heck, I made the point within the last week.
   12. Guapo Posted: January 29, 2010 at 09:18 PM (#3450052)
Compliments of google, all of the following have been described as "the new market inefficiency" at one time or another on this site:

-defense
-all-bat, bad-defense players
-drafting the children of other club's management
-Crappy players
-aging players
-Uniform asymmetry
-Unspellable last names
-Players who can't hit
-first names starting with Jh
-Decent at-bat music
-The bench press
-Gnome field advantage
-Scouts
-Bizarre minor-league team identities
-Easily Injured Aces
-Thinking all of your prospects are going to turn into Hall of Famers
-NLDS MVP bonuses
-Young guys
-Yale-educated Molecular Biophysicists
-Talent
-hiring recent college grads to upper management
-Expensive, experienced GMs
-Anti-competitiveness
-wild ass guessing
-Unlikability
-Middle relievers
-Stocking up on 2B
-international players
-Atheists
-Horrible defenders in gorilla suits
-starting pitchers who can hit very well
-kissing Pierre's ass
-5 foot tall women
-The waiver wire
-players with 'Z' or 'Q' in their names
-character guys
-Inefficiency
-wife beaters
-Snake bites
-young stars slumping in their 5th big league season
-Hollow points
-immensely fat, injury-prone 1B
-Vada Pinson for the Hall
-NYC delis selling 22 oz Woodchucks instead of 32 oz
-the disabled list
-Crappy hitters with no power and the ability to play many positions terribly
-gay constitutional law scholars
-Squeaky-voiced underage gymnasts with herpes
-poor anger management
-Love
-Pirates articles
-*SSHOLES
-apparently random, extended outages of the site
-not having to spend money in the draft
-sluggers from Cuba
-Good scouting
-Stashing AAAA players at the AAA level
-Aquaman
-players whom BTFers think are crappy
-rich white Christians adopting impoverished black kids
-One-armed pitchers
-writing a huge check and then moving on
-Losing 1000 games in a decade
-30+ year old vets
   13. GotowarMissAgnes Posted: January 29, 2010 at 09:30 PM (#3450071)
My first order of business as Grand Sabermetric Poobah will be to ban the word "inefficiency."

Any well-trained economist would tell you that such bans are inefficient.
   14. Gaelan Posted: January 29, 2010 at 09:32 PM (#3450074)
I think Guapo's time on his hands must be the new market inneficiency.
   15. Guapo Posted: January 29, 2010 at 09:35 PM (#3450080)
I was on a conference call, not actively participating. It was definitely inefficient.
   16. The District Attorney Posted: January 29, 2010 at 09:50 PM (#3450098)
There is nothing new about the inefficiency of Aquaman. It is eternal.
   17. Jim Furtado Posted: January 29, 2010 at 09:52 PM (#3450101)
Somebody more efficient than me needs to study Guapo's list.
   18. Designated Sitter (GGC) Posted: January 29, 2010 at 10:05 PM (#3450128)
Didn't they used too call these value stocks or value plays? Market inefficiency sounds like something out of a DoD manual.
   19. Infinite Yost (Voxter) Posted: January 29, 2010 at 10:12 PM (#3450142)
My personal favorites are "horrible defenders in gorilla suits" and "*SSHOLES". Something about the all caps really sells the latter one.
   20. Sam Hutcheson is the Rickey Henderson of... Posted: January 29, 2010 at 10:20 PM (#3450153)
I have to go with "wild ass guessing." That's always a great strategy.
   21. The importance of being Ernest Riles Posted: January 29, 2010 at 10:27 PM (#3450166)
Yale-educated Molecular Biophysicists

That's a small market...Craig Breslow and who else (among pro ballplayers, of course)?
   22. RoyalsRetro (AG#1F) Posted: January 29, 2010 at 10:36 PM (#3450175)

Compliments of google, all of the following have been described as "the new market inefficiency" at one time or another on this site:


What about those guitars that are like...double guitars?
   23. Sexy Lizard Posted: January 29, 2010 at 10:46 PM (#3450185)
The old guy market inefficiency is already in Moneyball. Lewis tries to figure out why David Justice fits in with Chad Bradford and the obese sluggers, and Beane tells him, "He's old." Or something like that.
   24. Tuque Posted: January 29, 2010 at 11:04 PM (#3450209)
Squeaky-voiced underage gymnasts with herpes

That's awesome. Easily my favorite.
   25. zenbitz Posted: January 29, 2010 at 11:29 PM (#3450242)
-Crappy hitters with no power and the ability to play many positions terribly


GOdddamnniti! Quit bashing the Giants!!!
   26. Jose Can You Seabiscuit Posted: January 29, 2010 at 11:30 PM (#3450246)
Yale-educated Molecular Biophysicists


That's a small market...Craig Breslow and who else (among pro ballplayers, of course)?

Papelbon would've been but he wanted to stay closer to home for college.
   27. Olaf Posted: January 30, 2010 at 01:58 AM (#3450348)
Squeaky-voiced underage gymnasts with herpes

Doesn't that describe the entire writing staff at Fangraphs??
   28. 'Spos Posted: January 30, 2010 at 02:35 AM (#3450370)
Compliments of google, all of the following have been described as "the new market inefficiency" at one time or another on this site:

Lock the thread, and while we're at it abolish the word "abolish".
   29. xbhaskarx Posted: January 30, 2010 at 04:52 AM (#3450418)
The player who fits into the most categories from that list should win some sort of award...
   30. bobm Posted: January 30, 2010 at 06:01 AM (#3450443)
The old guy market inefficiency is already in Moneyball. Lewis tries to figure out why David Justice fits in with Chad Bradford and the obese sluggers, and Beane tells him, "He's old." Or something like that.


From TFB pp. 149-150:
Justice was an exception, however. Justice was still a physical specimen. He looked as handsome and cocky and fit as ever...t was hard to find any obvious fault with David Justice.

"What's wrong with him?" I ask, once he's gone.

"He's thirty-six," says Paul.
   31. The Most Interesting Man In The World Posted: January 30, 2010 at 06:10 AM (#3450447)
-Crappy hitters with no power and the ability to play many positions terribly



GOdddamnniti! Quit bashing the Giants!!!


Ahh Sh*tf*ck, that was going to be my line.

I'll have to settle for "Love".
   32. Crispix Attacks Posted: January 30, 2010 at 06:38 AM (#3450454)
The player who fits into the most categories from that list should win some sort of award...


Let's see!

-all-bat, bad-defense players
-aging players
-Decent at-bat music
-Talent
-Anti-competitiveness
-Unlikability
-international players
-The waiver wire
-Inefficiency
-the disabled list
-gay constitutional law scholars
-poor anger management
-*SSHOLES
-players whom BTFers think are crappy
-writing a huge check and then moving on
-Losing 1000 games in a decade
-30+ year old vets

The ultimate market inefficiency is...Jose Guillen!
   33. sunnyday2 Posted: January 30, 2010 at 06:50 AM (#3450456)
More recently, defense has been the undervalued asset, so teams have gone after guys who can turn balls in play into outs.


#### how did I miss that?
   34. DFA Posted: January 30, 2010 at 09:13 AM (#3450472)
Thanks Guapo.

My favorite:

drafting the children of other club's management

You must be Registered and Logged In to post comments.

 

 

<< Back to main

Support BBTF

donate

Thanks to
SugarBear Blanks
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogHimrich’s Top Ten Target Field Foods
(8 - 2:43am, May 26)
Last: Long John McCaine Mutiny on the Bounty (scott)

NewsblogOT: NBA Monthly Thread, May 2012
(1832 - 1:32am, May 26)
Last: baudib

NewsblogBoston.com: Curt Schilling’s 38 Studios lays off all staff
(119 - 1:28am, May 26)
Last: Swedish Chef

NewsblogHP: Baseball is leaving the human factor behind
(56 - 1:15am, May 26)
Last: The Keith Law Blog Blah Blah (battlekow)

NewsblogT.R. Sullivan: Of Frank Robinson, Milt Pappas and Jim Palmer
(8 - 12:40am, May 26)
Last: The Gurus DO NOT BourbonSamurai

NewsblogWilmoth: Nate McLouth Designated For Assignment
(12 - 12:25am, May 26)
Last: Tripon

Hall of MeritMost Meritorious Player: 1973 Discussion
(15 - 12:13am, May 26)
Last: DanG

NewsblogBud Selig -- No need for more MLB replay for now - ESPN
(86 - 11:59pm, May 25)
Last: cardsfanboy

NewsblogThe Hall of Very Good: Former Cards Slugger Critical of "LaRussa's Regime"
(4 - 11:26pm, May 25)
Last: cardsfanboy

NewsblogCSN to host ‘Phillies at the Beach’ on Memorial Day
(18 - 11:25pm, May 25)
Last: Fielder's the first baseman, Felder is the fielder

Hall of MeritMost Meritorious Player: 1972 Ballot
(28 - 11:25pm, May 25)
Last: lieiam

Sox TherapyA Winning Ballclub?
(20 - 11:24pm, May 25)
Last: Dan

NewsblogMatschulat: Did I Miss The "Paul Konerko Is So Overrated OMG" Bandwagon?
(27 - 11:16pm, May 25)
Last: baudib

NewsblogTBO: Nerdy Rays head north
(17 - 10:07pm, May 25)
Last: PreservedFish

NewsblogDodgers want to host NHL's Winter Classic
(22 - 9:38pm, May 25)
Last: Cris E

Buy MLB playoff tickets, plus 2011 World Series, 2011 ALCS tickets and NLCS game tickets. We also have Texas Rangers playoff schedule, tickets to Red Sox games and Yankees game tickets. Plus, buy Phillies baseball tickets, Tigers playoff tickets and the biggies like ALDS baseball tickets and 2011 NLDS tickets.

Demarini, Easton and TPX Baseball Bats

 

 

 

AllianceTickets.com has cheap MLB Tickets. Get all your Colorado Rockies Tickets, Seattle Mariners Tickets, San Francisco Giants Tickets and all your favorite baseball tickets here. We also carry cheap Denver Broncos Tickets, Seattle Seahawks Tickets and Denver Nuggets Tickets.

Page rendered in 0.2151 seconds
55 querie(s) executed