Money and Finance
- Links
Today's Audible Daily Deal looks like a good one for those seeking worldly wisdom ($4.95): Periodic Tales: A Cultural History of the Elements, From Arsenic to Zinc [I'm also nearly finished with a similar book, Stuff Matters, which was...
- Joe Moglia's Career Switch Paying Off
Link to article: Joe Moglia's career switch paying off The final staff meeting of the spring is brief, which is the norm at Coastal Carolina. The conference room is stuffed to the brim with assistants huddled around a small table, interns and...
- What Jeremy Lin Teaches Us About Talent - By Jonah Lehrer
Linsanity! For those who don’t follow the NBA, or read the NY Post, or check Twitter during Knicks games, Jeremy Lin is a new point guard who has been churning out a series of incredible performances. Last week, he torched the Lakers for 38 points;...
- Butler National Corp.
My colleague, Matt Miller, did a write-up on one of our newer positions for Value Investors Club. The company is Butler National (BUKS) and the write-up is now available for public viewing. Link to: Matt’s write-up on Butler National..........Disclosure:...
- The No-stats All-star - By Michael Lewis
This story reminds me of the quote, "There's no limit to what a man can do or where he can go if he doesn't mind who gets the credit." -Battier’s game is a weird combination of obvious weaknesses and nearly invisible strengths. When he is on...
Money and Finance
Butler has found secret weapon in statistical guru Drew Cannon
Thanks to Lincoln for passing this along.
The formal basketball career of Drew Cannon ended in eighth grade as the sixth man of his junior high team. In college at Duke, Cannon's only hoops experience came from an intramural team called the Norse Forse.
When Cannon graduated with a degree in statistics last spring, he had modest expectations of finding a job right away. "We were hoping he would not be living in the basement," said Jim Cannon, his father. "That was our goal. And his."
Instead of toiling in the basement, Cannon spent the season on the Butler bench and will be with the team when the Bulldogs play Bucknell in the NCAA tournament on Thursday. Cannon's experience interning with recruiting analyst Dave Telep and his advanced writing about basketball analytics gained the attention of Butler coach Brad Stevens, who offered him a job as a graduate manager this summer.
Cannon takes MBA classes at Butler and makes just $1,000 per month, but his work has significantly impacted how Butler uses lineups and helped him emerge as a potentially transformative figure on the college basketball landscape. Cannon is considered to be the first pure statistics-based hire on a college basketball staff. When Stevens called to offer Cannon a job, Cannon's father said to his son, "Does he realize you are monumentally under qualified for this position?"
In reality, Cannon's experience in scouting and analyzing data has made him the perfect match with the numbers-savvy Butler program. Stevens, a longtime proponent of advanced statistical metrics, said if he had unlimited resources he would create his own statistics division. For now, he has Cannon and gushes about how his research has shaped lineups, substitution patterns and converted the staff's statistical skeptics.
- Links
Today's Audible Daily Deal looks like a good one for those seeking worldly wisdom ($4.95): Periodic Tales: A Cultural History of the Elements, From Arsenic to Zinc [I'm also nearly finished with a similar book, Stuff Matters, which was...
- Joe Moglia's Career Switch Paying Off
Link to article: Joe Moglia's career switch paying off The final staff meeting of the spring is brief, which is the norm at Coastal Carolina. The conference room is stuffed to the brim with assistants huddled around a small table, interns and...
- What Jeremy Lin Teaches Us About Talent - By Jonah Lehrer
Linsanity! For those who don’t follow the NBA, or read the NY Post, or check Twitter during Knicks games, Jeremy Lin is a new point guard who has been churning out a series of incredible performances. Last week, he torched the Lakers for 38 points;...
- Butler National Corp.
My colleague, Matt Miller, did a write-up on one of our newer positions for Value Investors Club. The company is Butler National (BUKS) and the write-up is now available for public viewing. Link to: Matt’s write-up on Butler National..........Disclosure:...
- The No-stats All-star - By Michael Lewis
This story reminds me of the quote, "There's no limit to what a man can do or where he can go if he doesn't mind who gets the credit." -Battier’s game is a weird combination of obvious weaknesses and nearly invisible strengths. When he is on...