Baseball and mutual funds; Underrated/overrated stats
While both of these metrics can be valuable, they're often overrated. A fund may have had the same manager for decades, but is he really the brains of the operation? “Sometimes star managers focus more on selling their fund to investors than on picking the actual investments,” Jacobs says.
In baseball, a stolen base is exciting and has value, but the risk of being thrown out on the base paths often outweighs the benefit. As Sabermetricians will tell you, an out if the mostly valuable commodity in the game.