This isn't baseball... (13.03)
Wags: The quants.
Wags: Since 1602, when the Dutch East India Company first offered shares to the public, smart, highly trained mathematicians have tried, without success, to solve that market. And today, Taylor begins the interviews to hire their own.
Bobby: Our own.
Wags: You know how I feel about that.
Bobby: I do.
Wags: Billy Beane never won a World Series.
Bobby: This isn't baseball.
Wags: Then why didn't you put quants in place before?
Bobby: Maybe I just didn't get to it. Maybe I didn't feel like I needed to. But Taylor might. And if they want to do it, it's your job to help them.
The Dutch East India Company was an early megacorporation founded by a government-directed amalgamation of several rival Dutch trading companies (voorcompagnieën) in the early-17th century. It was originally established on March 20,1602 as a chartered company to trade with India and Indianised Southeast Asian countries when the Dutch government granted it a 21-year monopoly on the Dutch spice trade. The Company has been often labelled a trading company (i.e. a company of merchants who buy and sell goods produced by other people) or sometimes a shipping company. However, the VOC was in fact a proto-conglomerate company, diversifying into multiple commercial and industrial activities such as international trade (especially intra-Asian trade), shipbuilding, both production and trade of East Indian spices, Formosan sugarcane, and South African wine. The Company was a transcontinental employer and an early pioneer of outward foreign direct investment. The Company's investment projects helped raise the commercial and industrial potential of many underdeveloped or undeveloped regions of the world in the early modern period. In the early 1600s, by widely issuing bonds and shares of stock to the general public,[a] the VOC became the world's first formally-listed public company.[b] In other words, it was the first corporation to be listed on an official stock exchange. The VOC was influential in the rise of corporate-led globalization in the early modern period.
William Lamar Beane III (born March 29, 1962) is a former American professional baseball player and current front office executive. He is the executive vice president of baseball operations and minority owner of the Oakland Athletics of Major League Baseball (MLB); he is also minority owner of Barnsley FC of EFL League One. From 1984 to 1989 he played in MLB as an outfielder for the New York Mets, Minnesota Twins, Detroit Tigers, and Oakland Athletics. He joined the Athletics' front office as a scout in 1990, was named general manager after the 1997 season, and was promoted to executive vice president after the 2015 season.
A first-round pick in the MLB draft by the Mets, Beane failed to meet the expectations of scouts, who projected him as a star. In his front-office career, Beane has applied statistical analysis (known as sabermetrics) to baseball, which has led teams to reconsider how they evaluate players. He is the subject of Michael Lewis's 2003 book on baseball economics, Moneyball, which was made into a 2011 film starring Brad Pitt as Beane.