Saturday, April 30, 2016

The Sad Truth: "Holy Cow the Rangers Are Worse than the Cubs!"

Cliff Asness, a big time PhD money manager, who appears to have a soft spot for the Blueshirts, has analyzed all the probabilities and statistics regarding the prodigious losing streak the Rangers have compiled. As you might guess, if you have been paying attention here, his mathematical conclusion fits our theme. The Rangers have punished their loyal fan base beyond anything known in modern professional sports.

Cliff's Perspective at AQR Capital Management:
Holy Cow the Rangers Are Worse than the Cubs --

I’m taking a break... to demonstrate something really important – that hockey’s New York Rangers not winning the Stanley Cup from 1940-1994 was a greater achievement (“achievement” being, you know, really bad in this context) than baseball’s Chicago Cubs not winning the World Series from 1908-2015.


I think the numbers are so strikingly different it’s hard to argue with the basic conclusion... The Rangers from 1940-1994 were just way worse than the Cubs from 1908-2015 (or, perhaps, were way more unlucky as their chance of no championships by random chance was way smaller!).

If Cubs fans are curious, they will surpass the Rangers in probabilistic futility if they can go until 2040 without winning the World Series, assuming major league baseball continues with 30 teams.
Thanks Cliff.

So, while our current MSG brain trust continues to build a new 22-year and counting monument of futility let us take some small consolation by knowing it will take some real serious work to beat the previous 54-year (plus small league) losing streak. However, we should also never underestimate them.

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