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Moneyball: The Art of Winning an Unfair Game Paperback – March 17, 2004

4.6 4.6 out of 5 stars 6,962 ratings

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"This delightfully written, lesson-laden book deserves a place of its own in the Baseball Hall of Fame." ―Forbes

Moneyball is a quest for the secret of success in baseball. In a narrative full of fabulous characters and brilliant excursions into the unexpected, Michael Lewis follows the low-budget Oakland A's, visionary general manager Billy Beane, and the strange brotherhood of amateur baseball theorists. They are all in search of new baseball knowledge―insights that will give the little guy who is willing to discard old wisdom the edge over big money.


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Editorial Reviews

From The New Yorker

The Oakland Athletics have reached the post-season playoffs three years in a row, even though they spend just one dollar for every three that the New York Yankees spend. Their secret, as Lewis's lively account demonstrates, is not on the field but in the front office, in the shape of the general manager, Billy Beane. Unable to afford the star hires of his big-spending rivals, Beane disdains the received wisdom about what makes a player valuable, and has a passion for neglected statistics that reveal how runs are really scored. Beane's ideas are beginning to attract disciples, most notably at the Boston Red Sox, who nearly lured him away from Oakland over the winter. At the last moment, Beane's loyalty got the better of him; besides, moving to a team with a much larger payroll would have diminished the challenge.
Copyright © 2005
The New Yorker

Review

"The best book of the year, [Moneyball] already feels like the most influential book on sports ever written. If you're a baseball fan, Moneyball is a must."
People

"Lewis has hit another one out of the park…You need know absolutely nothing about baseball to appreciate the wit, snap, economy and incisiveness of [Lewis's] thoughts about it."
Janet Maslin, New York Times

"
Moneyball is the best business book Lewis has written. It may be the best business book anyone has written."
Mark Gerson, Weekly Standard

"By playing Boswell to Beane's Samuel Johnson, Lewis has given us one of the most enjoyable baseball books in years."
Lawrence S. Ritter, New York Times Book Review

"It’s a sports story that’s actually a business story that’s also a story about preconceptions. Plus, Michael Lewis’s writing is so clear, readable, and highly entertaining."
Charles Yu, Literary Hub

"Ebullient, invigorating…Provides plenty of action, both numerical and athletic, on the field and in the draft-day war room."
Lev Grossman, Time

"A journalistic tour de force."
Richard J. Tofel, Wall Street Journal

"Michael Lewis's beautiful obsession with the idea of value has once again yielded gold…
Moneyball explains baseball's startling new insight; that for all our dreams of blasts to the bleachers, the sport's hidden glory lies in not getting out."
Garry Trudeau

"I understood about one in four words of
Moneyball, and it's still the best and most engrossing sports book I've read in years. If you know anything about baseball, you will enjoy it four times as much as I did, which means that you might explode."
Nick Hornby, The Believer

"Rarely has the lesson of a book...had such an enormous impact....[
Moneyball] showcase[s] Lewis’s great gift of finding the perfect characters and narratives to animate big, complex ideas that have been hiding in plain sight."
Daniel Riley, GQ

Product details

  • Publisher ‏ : ‎ W. W. Norton & Company; First Edition (March 17, 2004)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 336 pages
  • ISBN-10 ‏ : ‎ 0393324818
  • ISBN-13 ‏ : ‎ 978-0393324815
  • Item Weight ‏ : ‎ 2.31 pounds
  • Dimensions ‏ : ‎ 5.5 x 0.9 x 8.3 inches
  • Customer Reviews:
    4.6 4.6 out of 5 stars 6,962 ratings

About the author

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Michael Lewis
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Michael Lewis, the best-selling author of The Undoing Project, Liar's Poker, Flash Boys, Moneyball, The Blind Side, Home Game and The Big Short, among other works, lives in Berkeley, California, with his wife, Tabitha Soren, and their three children.

Customer reviews

4.6 out of 5 stars
4.6 out of 5
6,962 global ratings

Customers say

Customers find the book hilarious and insightful, with a readable style. They also say the story is great and the power of critical thinking. Readers describe the statistical methodology as informative, spirited, and transferable to many areas of life. They say the book provides an outstanding look at inside the game by an outsider.

AI-generated from the text of customer reviews

180 customers mention "Story"177 positive3 negative

Customers find the story great, inspiring, and full of literary vehicles. They appreciate the historical references that help justify and explain the results of the book.

"Michael Lewis is an engaging storyteller. I came to this book via the film with Brad Pitt and Jonah Hill and I'm glad I read the book...." Read more

"...Michael does it again, with his great story telling approach to reporting...." Read more

"...By a mile.This book is educational, informative and inspiring. It is a book that makes you look at baseball with new eyes...." Read more

"...Lewis fills his story with a fun array of anecdotes and observations which gives the reader a vibrant image of the A's front office and the chagrin..." Read more

163 customers mention "Statistical methodology"143 positive20 negative

Customers find the statistical methodology in the book informative, easy to read, and spirited. They also say it contains a fundamental truth of investing that anyone could use. Readers also say the book is an amazing eye-opener about a then radical new way of managing. They say the principles in the work are great for business and sports.

"...of future gains." Once that is understood, the stats are far from meaningless...." Read more

"...argument for using "cold" higher math in sports, and a spirited study of the ballplayers who add value to the original purchase, and the GMs who..." Read more

"...By a mile.This book is educational, informative and inspiring. It is a book that makes you look at baseball with new eyes...." Read more

"...the stark truth of mathematical analysis, is filled with countless insights and journalistic jewels...." Read more

108 customers mention "Writing style"95 positive13 negative

Customers find the writing style very readable, lucid, and quick. They also say the dialogue of the movie is clever, witty, and very Aaron Sorkin. Readers also say that the book is informative and not technical.

"...I found it necessary to the story and it is spread out and well explained by the author...." Read more

"...It takes you, briefly but lucidly, into the world of the draft, high school sports, minor leagues, retired players, coaches at all levels, computers..." Read more

"...This book is a beautifully written example of how a few men use ideas based on what *is* to consistently triumph over those who ignore and belittle..." Read more

"...Great writing that kept me turning the pages." Read more

29 customers mention "Sports themes"29 positive0 negative

Customers find the book an outstanding look at inside the game. They also appreciate the author's ability to make incomprehensible figures eye-opening. Readers also mention the book provides a fascinating look into the GM's office and some of baseball's most creative and brightest minds.

"...In other words, while great fielding is beautiful to watch, baseball is fundamentally an offensive game, and Bill James discovered that "on-base..." Read more

"...old way of seeing things and the new way of what data proves is very well drawn. No statistical experience needed, no love for the game required...." Read more

"...things in a way that a novice can understand, and with enough color to make you laugh...." Read more

"A great story, beautifully and intriguingly written although I was left in the dust and lightly read through some heavy baseball terminology laden..." Read more

24 customers mention "Humor"24 positive0 negative

Customers find the book hilarious and insightful. They also say the author is one of the most witty writers writing in business.

"...even got onto the fact that Michael Lewis is one of the most insightful and witty writers writing in business at the moment, and this book is a..." Read more

"...It's very funny, in a sad way, that Billy Beane seems to be the only baseball guy who actaully looks at what a player has accomplished so far...." Read more

"...It is funny, it is instructive, it is irreverant and it is very, very readable...." Read more

"...The dialog of the movie is clever, witty, and very Aaron Sorkin, but the book has a different non-Sorkin feel...." Read more

12 customers mention "Characters"12 positive0 negative

Customers find the characters fascinating, phenomenal, and great.

"...insider accounts ever written about baseball, Moneyball is populated with fascinating characters...." Read more

"...The dialog of the movie is clever, witty, and very Aaron Sorkin, but the book has a different non-Sorkin feel...." Read more

"...Michael Lewis is phenomenal, IMO. Everything he writes is very readable, as long as you're interested in the subjects he covers...." Read more

"...Despite that, I loved this book. Lewis does a phenomenal job of showing the personalities involved in this fascinating story and making you feel..." Read more

8 customers mention "Plot"8 positive0 negative

Customers find the plot inspiring, engaging, and fascinating.

"...It has increased my interest and enjoyment in watching games...." Read more

"...boyhood to adulthood, and even though it drags the Bill James segment was very fascinating. 10/10 recommend" Read more

"...Book is well written and engaging." Read more

"...An exciting and important read for any baseball fan." Read more

Top reviews from the United States

Reviewed in the United States on November 3, 2013
Michael Lewis is an engaging storyteller. I came to this book via the film with Brad Pitt and Jonah Hill and I'm glad I read the book. Of course, as with all books, there's more to the story than the film suggests. The book includes the fact that Beane inherited the statistical analysis approach he uses with the Oakland Athletics from his predecessor, Sandy Alderson. The film gives the impression that Beane arrived at it after meeting his assistant GM. However, even though he did not originate the approach Beane was among the early adopters of it and seems to have been willing to fully commit to it. Beane himself is portrayed as a very intense character, often prone to violent outbursts, but still an effective leader.

What I love about this story is that it is about a team faced with what seems like intractable adversity who find a new way to compete. Although I don't believe that statistical analysis alone is as effective as it sometimes seems, I do believe that it is far more valuable than its opponents would contend. Practitioners should take the same warnings as those provided for people looking into the stock market: "past performance is no guarantee of future gains." Once that is understood, the stats are far from meaningless. Baseball, like most forms of conflict and competition, is a fluid situation with innumerable variables at play including luck and chaos. Reality cannot be reduced to numbers, but it can be better understood with the RIGHT numbers.

The profiles of Billy Beane and key Oakland A's players from this period are seen by some readers as digressions, but I experienced them as along the theme of adaptation to adversity and finding new ways to win. Beane did not experience much success as a major league player, but he adapted and went into scouting and then management at which he has been very successful (though not as successful as he would like). The two players most prominently featured are Scott Hatteberg and Chad Bradford, both with very interesting stories. Hatteberg moved from catcher to first base after nerve damage in his elbow. Bradford was a pitcher with an unconventional delivery whose pitching style looked awkward despite his competence at deceiving batters.

Some have criticized this book because the Oakland A's have not performed well in the past couple of years under Beane's continued tenure as GM. That criticism is as absurd as readers of Jim Collins' book *Good to Great* who dismiss his conclusions about successful companies. Both books are about practices and processes that contribute to success. In the case of Moneyball, the rest of the league has been adopting these approaches and they have become less and less of an advantage. Also, the game goes on, and teams are finding new ways to compete. The point is, according to the conventional wisdom of the time, no team with a fraction of the payroll of the NY Yankees should've been able to compete or have similar success to the Yankees, but the A's did. The story is, in a sense, time bound, but the principles about adaptation, being stalwart in the face of those who resist meaningful change, and finding value where others see none (aka market inefficiencies), are all themes Lewis illustrates and develops effectively.

The baseball minutiae can bother some readers, but I found it necessary to the story and it is spread out and well explained by the author. Overall it is a very enjoyable book and, in my opinion, very inspiring stories.
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Reviewed in the United States on February 11, 2012
This book tells the story of the Oakland A's general manager Billy Beane and his team building philosophy/approach. Billy has focused on drafting undervalued or overlooked players and building a great team on a budget. Unlike most of his GM peers, Billy and his team rely on empirical statistics to make decisions on a more systematical fashion. He understands that to beat the other teams who have much largers budgets he cannot play the same game they are. Instead he applies - what I call - a Benjamin Graham value investing style approach to picking players (stocks) and building a team (portfolio). The outcome a team that pays the lowest on a per win basis within the league.

Michael does it again, with his great story telling approach to reporting. A recommended read for any baseball or business enthusiast alike.

Below are key excerpts from the book:

1) "The meetings, from their point of view, are all about minimizing risk. They can't afford to have guys not work out. There's no point in taking risks on players temperamentally, or legally, unsuited to pro ball."

2) "We're blending what we see but we aren't allowing ourselves to be victimized by what we see."

3) "When Alderson entered the game he wanted to get his mind around it, and he did. He concluded that everything from on-field strategies to player evaluation was better conducted by scientific investigation - hypotheses tested by analysis of historical statistical baseball data - than by reference to the collective wisdom of old baseball men. By analyzing baseball statistics you could see through a lot of baseball nonsense."

4) "Managers tend to pick a strategy that is least likely to fail rather than pick a strategy that is most efficient," said Palmer. " The pain of looking bad is worse than the gain of making the best move."

5) John Henry: "People in both fields operate with beliefs and biases. To the extent you can eliminate both and replace them with data, you gain a clear advantage. Many people think they are smarter than others in the stock market and that the market itself has no intrinsic intelligence - as if it's inert. Many people think they are smarter than others in baseball and that the game on the field is simply what they think it is through their set of images/beliefs. Actual data from the market means more than individuals perception/belief. The same is true in baseball."

6) "The important thing is not to recreate the individual," Billy Bean would later say. "The important thing is to recreate the aggregate."

7) "No matter how successful you are, change is always good. There can never be a status quo. When you have no money you can't afford long-term solutions, only short-term ones. You have to always be upgrading. Otherwise you're fu**ed."

8) "The day you say you have to do something, you're screwed. Because you are going to make a bad deal. You can always recover from the player you didn't sign. You may never recover from the player you signed at the wrong price."

9) "Know exactly what every player in baseball is worth to you. You can put dollar figure on it."

10) "Know exactly what you want and go after him." (Never mind who they say they want to trade.)

11) "Every deal you do will be publicly scrutinized by subjective opinion. If I'm [IBM CEO] Lou Gerstner, I'm not worried that every personnel decision I make is going to wind up on the front page of the business section. Not everyone believes that they know everything about the personal computer. But everyone who ever picked up a bat thinks he knows baseball. To do this well, you have to ignore the newspapers."

12) Bill James: "1) Every form of strength covers one weakness and creates another, and therefore every form of strength is also a form of weakness and every weakness is a strength. 2) The balance of strategies always favors the team which is behind. 3) Psychology tends to pull the winners down and push the losers upwards."

13) "I learned that if you look long enough for an argument against reason you will find it."
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Top reviews from other countries

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Miguel L.
5.0 out of 5 stars Excelente libro, excedió toda expectativa
Reviewed in Mexico on July 4, 2024
Recibí mi producto en tiempo récord y de acuerdo con lo anunciado! Muy satisfecho
N. Tiwari
5.0 out of 5 stars Review from a non-baseball person ---- it's a good book
Reviewed in Canada on October 19, 2023
I like this book and I like Lewis' writing style.

That said, if you aren't a baseball fan - and I am not - then there will be parts that will drag. But that isn't really a fault of the book or the writer in the least bit. I can't see this book being marketed as anything other than a book about baseball, for baseball fans. It literally is exactly what it sells itself as.

That said, if you can sit through the bits that drag to the parts that could serve some value for non-baseball fans (like me) then I think you are in for a rewarding experience. The book just barely touches 300 pages so it's not particularly long either.
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N. A. Osborne
5.0 out of 5 stars The best Sports Book I've Read
Reviewed in the United Kingdom on June 16, 2024
This story of how a group of nerds tried to play baseball in a different way is reasonably well known now and many of their method have had an impact on the games' evolution. The book of the story is simply outstanding and superbly written. It really gives an insight to how stuck, in thinking, sports can become and how resistant, those inside a sport, can be to change. In a world of sport dominated by big spending teams the method of finding value in undervalued players give as extraordinary insight into a game dominated by stats, often ill used by teams. Great stuff!
Client d'Amazon
5.0 out of 5 stars Onze of the Best Book i've read.
Reviewed in France on June 10, 2024
I enjoyed the movie, i loved the Book.
I don't watch baseball but the Book Can make you love it.
Barbara
5.0 out of 5 stars Regalo apprezzato
Reviewed in Italy on November 12, 2023
Lo cercavo da tempo, conoscevo la storia. Molto apprezzato dalla persona alla quale l’ho regalato