TheZachAttack wrote:I judge a GM based on the logic. I am disappointed thus far with the outcome, but I still believe in the logic about why the trade was made and I can't see any evidence yet that shows that the logic that Rosas used and the risk calculation used was wrong. This is an extreme example, but if a trade is made understanding that there is a 5% risk of a disastrous outcome and that 95 out of 100 times it will work out well and 5% disastrous... and the trade hits that 5%... that is not a wrong move. Again, the outcome has been disastrous... but with the logic I think we are multiple standard deviations about the outcome that could have been expected if you're running simulations when trying to make a decision. That sucks... but it's not a reason to get mad at the GM.
I like this, and I have to admit, I saw the logic for David Kahn too. He was a value investor, trying to get upside assets for distressed prices.
Ultimately though, he chose the wrong assets. His logic was fine, his execution was bad.
For me, I agree with your concept of placing your bets, and judging not by random chance, but whether they were wise bets. Like I said, I don’t know if Russell will progress enough on both sides of the ball to make that a worthwhile trade. For me though, I think that’s a low probability, based on his physical limitations, and his previous history of a disdain for defense.














