INTERNAL RATE OF RETURN IS JUST ONE TOOL TO MEASURE PERFORMANCE, LIKE JUDGING A 12-20 PITCHER BY HIS GREAT ERA: TOO NARROW A FOCUS IS JUST IRRATIONAL
Imagine for a moment that you are a baseball fanatic who, by a stroke of incredibly good luck,…
Imagine for a moment that you are a baseball fanatic who, by a stroke of incredibly good luck, has been granted the wish of a lifetime: You can manage one of two major league baseball teams.
One team has a platoon of hitters with great batting averages, and pitchers who have amazingly low earned-ru
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