Re: 2008 International Signings
I found this answer interesting.
Q: Kyle from Middletown asks:
Do you think it is worth the risk for the Reds to invest 2 million dollars in such raw talents? Have their investments made up for their lack of a second rounder in your opinion?
A: Ben Badler: I talk about evaluating players on an individual basis to break it down on a more granular level, but sometimes you do have to judge these investments in the aggregate. So if Duran or Yorman Rodriguez doesn't work out, does that make them bad signings? Maybe, maybe not. If, for example, neither of those guys turn into big leaguers but Junior Arias turns into a perennial all-star shortstop, I'd say it's worth all the money the Reds invested in Latin America this year. It's a little bit like poker. Who cares if you lose 95 percent of the hands you're dealt if at the end of the day you're walking away with more money than you came into the game with? And maybe now's not a great time for a financial analogy, but would you yell at your broker and complain about the individual stocks in the mutual fund that are losing money when the fund itself is up and beating the market? Probably not. It's easy to sit back and point to the ones who missed, but if you hit on at least one of these guys... cha-ching!