5 "Moneyball" Lessons for Investors

You can glean some useful investing tips from Oakland Athletics general manager Billy Beane's strategies for baseball.

I didn’t start reading Michael Lewis’s Moneyball for stock market advice. I just wanted a good read during the battle with middle-age bulge I wage every morning on the cross-trainer. But I hadn’t even made it through the introduction before I started comparing the strategies of Oakland Athletics general manager Billy Beane with those of the wisest investors I’ve encountered over the years. These lessons are worth sharing.

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Kathy Kristof
Contributing Editor, Kiplinger's Personal Finance
Kristof, editor of SideHusl.com, is an award-winning financial journalist, who writes regularly for Kiplinger's Personal Finance and CBS MoneyWatch. She's the author of Investing 101, Taming the Tuition Tiger and Kathy Kristof's Complete Book of Dollars and Sense. But perhaps her biggest claim to fame is that she was once a Jeopardy question: Kathy Kristof replaced what famous personal finance columnist, who died in 1991? Answer: Sylvia Porter.