A Quote by Billy Beane

We try to create a situation where we're the casino. It's like how an actuary would set insurance rates. Predictability, predictability, predictability. What's the path to least risk? What's the greater chance of getting some return on this asset?

Billy Beane

Quote Topics

Chance Asset Casino Create Getting Greater How Insurance Insurance Rate Least Like Path Predictability Rates Return Risk Set Situation Some Try Would

Quote Author

Billy Beane
American - Athlete
Born: March 29, 1962

People crave predictability, and when you design and use systems, you give people predictability. More importantly, when you build systems, they can help you orchestrate, and orchestration helps you create the habits that continuously improve the systems!

Michael Gerber

The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on them. However, the predictability coupled with a short holding period produces quite decent average annual rates of return after allowance for the occasional substantial loss.

Warren Buffett

I like predictability because I know what I'm getting into.

Katherine Heigl

It was inevitable for people to try to create a sense of normalcy in a place where nothing was normal. It helped one get through the day, to add predictability to a life that was inherently unpredictable.

Nicholas Sparks

There needs to be a certain structure to a situation, a certain predictability that allows you to have a basis for the intuition.

Gary A. Klein

I like it that my career has all the predictability and continuity of a children's nonsense rhyme.

Nick Bantock

I think predictability has become the rule and I'm completely the opposite -- I like spectators to be disturbed.

Louis Malle

Well, coming at a new work requires a certain amount of patience and energy, and there’s always the risk of disappointment. You can’t really blame people for preferring more of what they already know and like. The trade-off, of course, is that predictability is boring. Repetition is the death of magic.

Bill Watterson

Predictability can eventually be defended.

Nick Nurse

Predictability can lead to failure.

T. Boone Pickens

Predictability brings about security.

Magda Gerber

Never underestimate the predictability of stupidity.

Vinnie Jones

Predictability and great design are not friends.

Fred Brooks

It's fun to play around... it's human nature to try to select the right horse... But for the average person, I'm more of an indexer... The predictability is so high... For 10, 15, 20 years you'll be in the 85th percentile of performance. Why would you screw it up?