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5. Baseball: Thinking Outside the Batter’s Box

“How to hit home runs: I swing as hard as I can, and I try to swing right through the ball... The harder you grip the bat, the more you can swing it through the ball, and the farther the ball will go. I swing big, with everything I’ve got. I hit big or I miss big. I like to live as big as I can.”

Babe Ruth

“What is striking is that the leading thinkers across varied fields—including horse betting, casino gambling, and investing—all emphasize the same point. We call it the Babe Ruth effect: even though Ruth struck out a lot, he was one of baseball’s greatest hitters.”

Michael J. Mauboussin and Kristen Bartholdson1

The point about Dykstra, at least to Billy, was clear: Dykstra didn’t ...

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