Mike's Note‪s‬ Mike's Notes

What are the stakeholders in our lives and what questions can we ask about them?


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Notes and highlights from Walton's book, https://amzn.to/2uu4S6q.
More at http://thewaiterspad.com/2018/07/26/sam-walton.

In this episode, we'll look at the numbers (from A or Z to A to Z), the world (it changes), and the brain (it's fast). I'll also suggest some solutions like getting distance, asking 'What's cheaper than a helicopter?', and the advantages of travel.

Hans Rosling's is a nice contribution to the literature of books like A Field Guide to Lies, The Half-Life of Facts, How to Lie with Statistics, and How Not to Be Wrong. What makes Rosling's book different (and excellent) is the gusto. It's a book written by calloused hands. The words on the page are the same that he spoke in Davos. The thoughts are important and the thinking is too.

Links at http://thewaiterspad.com

from the 5/2/18 Wharton Moneyball Podcast
...
"In Gladwell's book, he pointed out in the NHL all these great players were all born in January and February. The leagues are all by age, and so they're older than the other kids and they get the best coaches, and they do the best early, and they go in the best leagues so there's a huge skew toward hockey players born early in the year. Well, in horse racing, every horses's birthday is officially January first. So you're a three-year-old on January first but they're born anywhere from January through June. Since they are only three years old and aren't mature till five you're talking about adolescence. A horse that was born in January is almost forty months old and a horse that was born in May or June is thirty-five or thirty-six months. (In people) it's like fourteen-year-olds versus sixteen-year-olds. It's a big deal." Jeff Seder

"Teams need to be thoughtful in the way they present this information and they need to allow for different players to want data in different ways. They need to be flexible to really make a difference." Cade Massey
"I remember Sam Hinkie talking about how he conveys information to the organization. Back when he was working for Daryl Morey as assistant GM of the Rockets, Sam would give information to his head coach one way, to Daryl in a different way, to the players in a third way altogether. You're going to be dramatically more effective as an analyst if you can communicate in different ways tailored to the audience." Cade Massey
From the 5/2/18 Wharton Moneyball Podcast