Business:Investing
Moneyball As An Investment Strategy - Michael Schwimer (CEO Of Big League Advance)
2018-11-18
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I'm speaking with Michael Schwimer, the CEO Big League Advance.
Big League Advance is like a venture capital fund, but instead of investing in emerging businesses, they invest in minor league baseball players. They do so by buying a percentage of the players future earning capacity.
When I first heard Michael describe his story and his business I was that excited to find out more. It's certainly not an investment strategy for everyone as it's high risk/high reward, but it's a really interesting concept.
Big League Advance continues to receive recognition around the world, and be approached from other sports wanting to improve in their analytics and data analysis. They've been approached by soccer federations wanting to better prepare for the next world cup and NBA teams looking for an edge over competitors.
This episode is bought to you by Six Park, Australia's leading online investment management provider. www.sixpark.com.au
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