Goldman Sachs On The “Moneyball” of Stock Selection

Goldman Sachs Group Inc (NYSE:GS) recognizes the accomplishments of baseball statistician Bill James and looks at the stock market with the same sort of numeric mind.  In a recent research note titled The “Moneyball” of Stock Selection, Goldman analysts make specific comparisons between algorithmic baseball decisions that won World Series for the Boston Red Sox and show how it works in the world of investing. Goldman Sachs: How Moneyball revolutionized baseball For those unfamiliar with James, he was featured in the book and film “Money Ball” by Michael Lewis and literally revolutionized baseball. His crusade was to use statistics, numbers that don’t lie…