from Amazon
Friday, January 04, 2008
Loss Shares are coming
I saw a post a long time ago, with Bill James acknowledging four things that he corrected with Win Shares, with Loss Shares being one of them. (I wonder if my constant hammering about it had an effect?) Anyway, Bill posted:
At the time that I developed Win Share I intended for that to be an end point for that analysis. But later, as I always do, I started finding fault with the way I had done certain things, and decided to go further down the road. I have developed what I call Win Shares and Loss Shares. At some point I will start publishing the Win Shares and Loss Shares formulas and results, and I would expect that those will be the basis of the next rating system that I attempt.
I shall be ready with my fine-tooth comb and ax, and will use them in as tempered a fashion as the situation dictates.