“Moneyball” Movie

“Moneyball” is a movie adapted from a book of the same name. The movie is based on a real-life story that happened in 2002. It revolves around the general manager Billy Beane (played by Brad Pitt) of Oakland Athletics (a Major League Baseball team) and how he assembles a new team with a limited budget that becomes a team to be reckoned with in the baseball arena.

Due to the limited budget and unable to get new funding from the owner, the GM is forced to find players who are grossly undervalued by the market by using a computer programme done by Peter Brand (played by Jonah Hill). After buying the undervalued players not wanted by other teams, detractors play down Billy Beane’s move and proclaim that he has lost it. However, after proper training and mentoring, the team  goes on to do extremely well and wins 20 games in a row, breaking the league’s record.

This movie is very closely related to value investing and it opens in Singapore on 16th February 2012.

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