Tom Tango Consulting Exclusively for the Cubs

[jtsunami]

Tom Tango is the one who wrote The Book and is generally thought of as one of the best statisticians in the baseball world. His real name is not Tom Tango, however as he's kept his identity private.

http://tangotiger.com/index.php/site...bs-and-with-me

[poodski]

Well I mean this is a wet dream.

[terencem]

Yeah, this is pretty awesome. I find jtsunami's avatar appropriate given the notoriety of Tango's work but private identity.

[1908_Cubs]

Awesome!

[{Ron!n}]

He's already a PSD Cubs forum regular, so no biggie.

http://forums.prosportsdaily.com/sho...06#post8865306

[gooner]

I guess I'm kinda excited about never being able to find out what happens with this.

Years ago, back in college, my senior thesis revolved around how the value of assets evolved as you became more specific about the market proxy used to measure the risk intrinsically associated with said asset class.

I think the limitations around the CAPM pricing model are very similar to the limitations around win-share based player valuation systems. The win-share based valuation of a player becomes less and less valid as your portfolio of assets (i.e. team) becomes less and less well diversified. And lets' face it. There are almost no well diversified baseball team. Each is engineered to take on certain types of risk. All of which is a fancy way of saying a win is a win is a win until you start to think about the risk associated with amassing a win.

A few years ago I was toying with the idea of converting my thesis into a system that would measure not only the performance, but the volatility of player performance along with the price paid for such performance and volatility. By doing so, you should be able to properly value not only performance but volatility associated with performance (based on other players of a given characteristic). In doing so, you should be able to not only determine the optimal team, down to the player, given any payroll price point and amount of player specific risk you are willing to take on.

I keep hoping I one day hear that the Cubs have built just this.

[NORTH10]

I guess I'm kinda excited about never being able to find out what happens with this.

Years ago, back in college, my senior thesis revolved around how the value of assets evolved as you became more specific about the market proxy used to measure the risk intrinsically associated with said asset class.

I think the limitations around the CAPM pricing model are very similar to the limitations around win-share based player valuation systems. The win-share based valuation of a player becomes less and less valid as your portfolio of assets (i.e. team) becomes less and less well diversified. And lets' face it. There are almost no well diversified baseball team. Each is engineered to take on certain types of risk. All of which is a fancy way of saying a win is a win is a win until you start to think about the risk associated with amassing a win.

A few years ago I was toying with the idea of converting my thesis into a system that would measure not only the performance, but the volatility of player performance along with the price paid for such performance and volatility. By doing so, you should be able to properly value not only performance but volatility associated with performance (based on other players of a given characteristic). In doing so, you should be able to not only determine the optimal team, down to the player, given any payroll price point and amount of player specific risk you are willing to take on.

I keep hoping I one day hear that the Cubs have built just this.

Out of curiosity, and I ask because I'm preparing for graduate school myself, what type of career do you have?

[NORTH10]

Also, is this real life?

[Jack the Ripper]

Also, is this real life?

Is this just fantasy?

[BobTheAutomator]

He's the Director of Research & Development.

[JP:CubsFan910]

Is this just fantasy?

Caught in a landslide, no escape from reality.

[Vandelay16]

Caught in a landslide, no escape from reality.

Bicycle! Bicycle!

[matt_the_hulk]

Too many layers of awesomeness with this Bo Rhap sidetrack. Who is this dude, why is he important and why does he has a fake name?

[Yagyu+]

Who is this dude, why is he important and why does he has a fake name?

He's just a poor boy from a poor family.

[terencem]

He's the Director of Research & Development.

Actually, Tango is just a consultant. They're looking for a Director of R & D.

Too many layers of awesomeness with this Bo Rhap sidetrack. Who is this dude, why is he important and why does he has a fake name?

He's a highly thought of SABRmetrics guy who's always kept his identity private. He created .wOBA and FIP and among other things.