BABS and second-level thinking

by Patrick Cloghessy

Overrated, underrated, or properly rated? Our perpetual conundrum is at a fever pitch this time of year. It’s crucial to distinguish between where we personally rank players and where the market places them. Finding value is the name of the game and we must decide whether or not we are buying at the market price.

What factors into the market price is a mix of (mostly) skills, history, potential, hype, and recency bias. When a player doesn’t live up to his draft status, for any reason, it is not uncommon to see his . . .

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