Nate Silver Turns His Eye To the American League
Lasrick writes "Nate Silver is at it again. This time, instead of the presidential election, he's focusing on the baseball's Most Valuable Player race for the American league. It's a race that embodies the split among baseball fans between those who think of it from a mathematical perspective (the Moneyball generation) and those who prefer the traditional, feel-of-the-game perspective. Here's a quote: 'On Thursday, the American League will announce the recipient of its Most Valuable Player award. The winner is likely to be Miguel Cabrera, the Detroit Tigers star who won the league’s triple crown by leading in batting average (.330), home runs (44) and runs batted in (139). It might seem as if these statistics make Cabrera, the first triple crown winner in either league since 1967, a shoo-in for the M.V.P. But most statistically minded fans would prefer that it go to another player, Mike Trout of the Los Angeles Angels.'"
He first got well-known doing statistics-based baseball analysis (aka sabermetrics), and only moved into politics later.
10 PRINT CHR$(205.5+RND(1)); : GOTO 10
The thing that makes Nate Silver is not so much that he uses Math. Lots of people used math to predict the outcome of the election, including Princeton's Sam Wang and the pollsters at PPP (who were the most accurate polling organization).
What makes Nate Silver valuable is that he can write. He explains what he's doing and why. He describes his model in detail and lets us in on what elements go into his predictions.
There are probably a fair number of handicappers who can do as well as Nate Silver in the predicting department, but while we can make money betting their predictions, we're not going to gain any valuable insights. You can learn from Nate Silver.
You are welcome on my lawn.