valuation of baseball players
Paper instructions:
How is the valuation of baseball players similar to the valuation of stock? Evaluate this statement: Valuation is a search for the true value of an asset. Do you agree? Why or why not? How do
inefficient markets lead to opportunity in valuations? From Moneyball: “If gross miscalculations of value could occur before an audience of millions, what does that say about the measurement
of performance in other lines of work?” Why does Billy Beane emphasize the quality of the valuation process rather than the final outcome?
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