In any business, the key to true success is to buy when all others are selling, and to sell when all others are buying. That strategy has a myriad of examples in real business, has it’s own title “contrarian”, and can lead to a fortune with less risk than many other strategies. The key is to identify what to sell when others buy, and what to buy when others sell. Do that, and you master the equation.
As we had discussed, the NBA is driven in a “win now” mode. How that translates into assessing NBA talent is to discount any delayed prospect.