Business Lessons from the Multi-Billion Dollar Sports World
Moskowitz and Wertheim share insights from the multi-billion dollar sports industry that offer business leaders a unique window into broader economic behavior. Using insights from their New York Times Bestseller Scorecasting, Moskowitz & Wertheim explain how the decisions made in the high stakes world of sports, whether on the field or off, can be applied in the business world for a winning outcome. Using brilliant anecdotes and colorful storytelling from the sports world, they provide real world applications for a new spin on business success. Here are a few interesting examples:
-How are Tiger Woods’ putting decisions similar to a home owner’s decision to sell or hold their property and a stock broker's ability to judge stocks?
-How are NFL draft decisions similar to the risks and mistakes corporations face in their personnel decisions?
-What can CEO’s and money managers learn from sports coaches?
-What can we learn from referees? Why do we (humans) avoid making the tough call?
-How do ‘risky,’ and ‘conservative’ calls in sports relate to the same behavior behind business decisions?
Scorecasting: The Hidden Influences Behind How Sports Are Played and Games Are Won
In this "Freakonomics for sports" presentation, Moskowitz and Wertheim challenge conventional wisdom, uncover the hidden influences in sports, and use compelling information to investigate questions that tug at every fan. Are there really make-up calls in the NBA? Is there, in fact, a home field advantage? Is there really no 'I' in team? In this engaging presentation, they go beyond the clichéd narratives and reveal significant and fascinating truths about sports.
In Scorecasting, University of Chicago financial economist Tobias Moskowitz teams up with veteran Sports Illustrated writer L. Jon Wertheim to overturn some of the most cherished truisms of sports, and reveal the hidden forces that shape how basketball, baseball, football, and hockey games are played, won and lost.Read more...
Authors of Scorecasting
- Co-Authors, Scorecasting: The Hidden Influences Behind How Sports Are Played and Games Are Won
Tobias J. Moskowitz is the Fama Family Professor of Finance at the University of Chicagos Booth School of Business. He is the winner of the Fischer Black Prize, which honors the top finance scholar in the world under the age of forty. He is also a member of the National Bureau of Economic Research, whose work has been cited in numerous publications and the media including CNBC, The New York Times, Financial Times, Wall Street Journal, and a 2005 speech by then Federal Reserve Chairman Alan Greenspan.
L. Jon Wertheim
L. Jon Wertheim is a senior writer for Sports Illustrated, a recent Ferris Professor at Princeton, and the author of five books, including Strokes of Genius: Federer, Nadal, and the Greatest Match Ever Played and Blood in the Cage. One of the most accomplished sports journalists in America, he appears regularly on CNN, National Public Radio, MSNBC, and has been cited in The Best American Sports Writing anthology eight times. A non-practicing attorney, Wertheim is a member of the Sports Lawyers Association and serves periodically as an expert witness.