Sabermetrician In Exile
thepostgame.com
thepostgame.com
1) value comes from exploiting market inefficiencies in many cases
2) separate results from process (cause from effect)
3) intangibles are generally a weasel term for fitting the data to a narrative
edit: formatting
(anecdote: We went to the same high school but didn't play together. He was on the freshman team when I was a senior on varsity. Stats were usually done by a volunteer student and only kept on paper.)
I used to do a bit of sabremetrics, back in the day, and I tried to do some projections of AA and AAA players into the majors, and found it almost impossible to get any decent correlations.
Of course, there is a huge amount of volatility, due to the changing true talent level (most guys in the minors are young, and should be getting better). In addition, there's the fact that MiLB seasons are shorter, and so SSS abound.
But, in the community, these translations are seen as "pretty accurate".