Moneyball is somewhat similar to value investing where we buy assets with high earnings power or value for the least amount of money possible. I decided to start this series to look at some of the timeless lessons from Moneyball that are applicable to investing. I hope that you would have as much fun reading this series as much as I had writing them.

The above was one of my favourite scenes. Adapt or die. Billy Beane (Brad Pitt), general manager of the Oakland Athletics Major League Baseball team, had his work cut out for him. Faced with a tight budget, Beane had to reinvent his team strong enough to make a run in the playoffs. He challenged old-school traditions in order to outsmart the richer clubs. So that his team could survive and he could keep his job. The solution Beane ultimately adopted involved