sports

6 statements across 4 episodes · 2 bullish · 3 bearish · 4 people on the record · first statement Jun 17, 2019 by Jon Wertheim · across every show →

Everything said about sports, oldest first

Jun 17, 2019
Insight
Wertheim: Sports and Investing Resist Acknowledging the Role of Luck
“Luck in some ways is, is really anathema to sports, right? We work hard and we game plan and we strategize and we compete and we sweat. We don't want to think that this is just in the hands of fate or coin flip. I mean, in some ways, luck is very much at odds …”
Jon Wertheim Jun 17, 2019 ▶ 19:32 Jon Wertheim – Sports and… (Capital Allocators, EP. 102)
Jun 17, 2019 negative
Insight
Loss aversion and omission bias drive suboptimal decisions in sports
“I think loss aversion and omission bias are two things that in investing and also in sports have us making some really suboptimal choices, but like shooting overhand free throws, at least we're on the right side of convention.”
Jon Wertheim Jun 17, 2019 ▶ 29:08 Jon Wertheim – Sports and… (Capital Allocators, EP. 102)
Jun 17, 2019 negative
Insight
Sports executives often prioritize job preservation over maximizing team wins
“And so a lot of times in sports, you end up with decisions being made that actually don't maximize your chances of winning. But what they maximize is your chance of keeping a job.”
Jon Wertheim Jun 17, 2019 ▶ 27:24 Jon Wertheim – Sports and… (Capital Allocators, EP. 102)
Nov 20, 2023 negative
Opinion
Hutchinson: Sports culture fosters an unhealthy, self-centered mindset
“That's the problem with sports. The whole world revolved around me when I was in sports. And the minute I actually pulled up and was like, no, no, it's not about me. It's about others.”
Chad Hutchinson Nov 20, 2023 ▶ 22:40 Chad Hutchinson – Professional Athlete to Professional Investor in Sports (EP.351)
May 27, 2024 bullish
Prediction Not checkable as stated
Live sports will be the last human entertainment domain safe from AI
“Sports, sports will be the one last place for traditional entertainment where you are guaranteed to feel the humanity. No one will want to watch robots play basketball.”
Alexis Ohanian May 27, 2024 ▶ 58:02 Alexis Ohanian – From Reddit to 776, a Technology Company that Deploys Venture Capital (EP.388)
Mar 2, 2026 positive
Insight
Baker: Competitive sports experience is essential for hiring resilient analysts
“In today's world, actually having played sports is an advantage or done anything where there's objective outcomes. For a lot of children, they've lived in a world of participation trophies and great inflation. They haven't been confronted with losing, with an …”
Gavin Baker Mar 2, 2026 ▶ 33:30 Gavin Baker – Truth-Seeking and Crossover Investing at Atreides (EP.489)
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