How You Play the Game

I love the quick hook on a pop song. And I often pick up dinner at Chipotle or Quiznos rather than cook – or microwave – it. Such instant gratification is a part of us.

And yet I constantly find myself thinking that the only real value is long-term value, or more extreme, that the only thing that matters in the world is long-term value. This was my first thought upon seeing Redskin DT Albert Haynesworth facedown in the grass this Sunday afternoon. At a prime age of 28, 6 foot 6, and 350 pounds – mostly muscle – this made an impressionable image, albeit one that’s not uncommon in the NFL.

Albert Haynesworth

Redskins’ owner Daniel Snyder made Haynesworth his pet-project acquisition last summer, offering him $100 million for 7-years, the largest contract ever for a defensive free agent. And Haynesworth is an invaluable contribution to this NFC East defensive line – he is fast, huge, instinctive, and can plug the run and sniff out a QB.

As Haynesworth was carted off the field today, the broadcaster’s thoughts went to the "investment" made by Daniel Snyder, who is known for throwing around large sums of money, along with coaches and players as well. But it would do injustice to view the injury of Haynesworth – who arrived with a reputation for being injury-prone – as merely unlucky.

Dan Snyder

The problem lies not so much with unfortunate circumstance but with poor underlying philosophy. The real question is why Snyder put himself in a position where he was relying on one $100 million player, rather than 2 or 3 solid players who could build depth into the roster. It’s an issue of being myopic. Of foregoing long-term value for a short-term payoff.

George McPhee

By means of contrast the city of Washington has Capitals GM George McPhee, whose philosophy of building their hockey team from the ground-up may transform the way in which sports teams are run.

Hockey teams – unlike football ones – are much more prone to being transformed by one star player. And in 2005, that star player for the Caps was Alex Ovechkin. But underneath the media circus that followed him, McPhee focused on building his team from the ground-up.

In 2003, he scrapped the team’s premier line-up of aging veterans and fading stars. He acquired younger talent, particularly focusing on the Caps’ minor league team, the Hershey Bears. McPhee explicitly eschewed short-term success:

“For starters, I should say that rebuilding and talking about being patient is easier said than done,” said McPhee. “We had a plan. It was to tear down a team and build it back up.

“The program taken to ownership (Ted Leonsis) was a four-year plan. The plan was to be back in the playoffs by then and start to contend. We made it in three years, but we were prepared to need four.”

Snyder's Brand

Over Snyder’s first 4 years, he cycled through 3 head coaches; each acquisition of a new head coach brought promises of the start of a new era of Redskins glory. In reality, Snyder was merely taking potshots into the dark – as he did with new big-ticket players – hoping that one of his moves would hit the jackpot. Not only did that not occur, but the inconsistency only helped to further break down the franchise into a gathering of high-paid stars rather than a cohesive team.

The only break to his sporadic movements came in 2004 when he was able to lure former Redskins coach and local legend Joe Gibbs out of retirement for a few seasons. Following Gibbs’ second retirement, it is not clear whether we will see a return to Snyder's old ways.



The twist is that Snyder – a self-proclaimed longtime Redskins’ fan – is known as a shrewd businessman, his rise to the top marked by executive stints with Six Flags, Johnny Rockets, and Red Zebra Broadcasting. Over his tenure he has made the Redskins one of the most valuable football teams. According to Forbes’ yearly rankings, the Redskins are currently the 2nd most valuable NFL team; they are surrounded on the list by teams that actually win like the Cowboys (ranked first), Patriots (third), and Giants (fourth). And yet Snyder's attempts to build the Redskins are anything but business-savvy, resembling something like a series of get-rich-quick schemes.

Long Term Value

Buried in this expensive mess of a football team are a few life-lessons.

All too often, individual crises and incidents are mistaken as causes for subsequent misfortune, rather than effects of past doings. The collapse of the housing market – ingrained in the public’s head as a singular event – was seen as causing the financial collapse, just as the Great Crash is often seen as causing the Great Depression. Underestimated are the factors that led up to such incidents, such as poor housing regulation of the 90’s and irresponsible monetary policy during the 20’s. Some have blamed current circumstances on the government’s willingness to allow Lehman to fall. But as The Economist points out, a Lehman bailout would’ve strained some other part of the economy. An analogy can be made to medicine, which warns of mistaking symptoms for cause of illness.

Long term growth is particularly important in football, much moreso than in hockey. As player-size has increased, so has the frequency of injuries. A 350-pound QB-chewing gorilla on defense can no longer act as a franchise savior, particularly because the sheer size of his frame poses a threat to his own legs and joints.

Another piece of advice is that it is worthless to take individual pot-shots at one’s future. Playing the lottery everyday is never a sound strategy no matter how much money you have.

There is an intellectual component to this as well: Insofar as abstract intelligence contains any value, it should be used carefully and decisively to plan ahead, utilizing current resources as best as possible.

The phenomenon of the one-hit-wonder pop band epitomizes this view. On the one hand, it is possible to produce a singular piece, one moment of greatness, which can strike it big. On the other hand, there is social acknowledgment regarding the emptiness of a one-hit-wonder. A great band is distinguished from a one-hit-wonder in its ability to produce hit after hit after hit; their work comes from a novel group of artistic minds rather than an from an instance of luck. That’s why it is somewhat rare – but not unheard of – for a non-fiction writer to be a one hit wonder, as his art depends less on muses and spontaneity than on smarts and clarity of mind. It would have been rather odd – afterall – if following the publication of A Brief History of Time, Hawkins suddenly lost his pension for theoretical physics.

The discrepancy between luck and genius is often portrayed in movies like Oceans 11, where heroes will do anything for one last chance at greatness, one last opportunity to strike it big. Their failure in these stories is marked by their myopic view: If your whole future relies on one individual con operation, one publication, one game, one football player – or even just one decision, to be made by yourself or by someone else – then you cannot blame your failure (or success) on the outcome of that one event. Rather, you are to blame for putting yourself in the sort of situation in which so much rests on so little. This is why in the best of Aristotelian tragedies the fault lies with character, not with circumstance.

Inhibitions

Of course one cannot downplay the counterargument, particularly when it comes to living in the moment. People do win the lottery, corporations do get windfall profits, and individual athletes do save franchises.

Digging a little deeper, a primitive breakdown of the human brain reveals that its more advanced regions – the ones that distinguish human intelligence – are inhibitory in nature. In a sense, drug intoxication prevents these higher areas from functioning, leading to a lack of inhibitions.

The term lacking inhibition has cultural connotations, but it’s backed by science as well. It is a very awkward phrase when you think about it, as it implies that getting drunk or high doesn’t so much cause you to do stupid actions, as it prevents you from inhibiting those stupid actions. In the drunkard, inhibitory functions of the advanced brain are temporarily disabled; in an individual with brain damage, they’re permanently disabled.

This ties into constructs of depression and anxiety, which are often conceptualized as an over-activation of these parts of the brain: Stress is often caused by thinking too much and an inability to live in the now. Just as alcohol can turn off those advanced parts of the brain, so can other feel-good drugs, prescription or otherwise. This is all a simplification of course, but the point is to get a good look at principles that underlie long-term valuation.

Personally I tend to over-intellectualize things at times, but after seeing Haynesworth face down in the grass this afternoon, I couldn’t rid my mind of this notion of long-term value. Perhaps it is my way of not wanting deal with the Redskins’ pitiful loss to the worst team in the NFL.

'It's Not Whether you Win or Lose, But How you Play the Game'

This phrase is often seen as a euphemism to justify losing a game. And yet there is much about it that escapes the eye, such as its focus on process over outcome. The phrase usually refers to the team that loses a well-played game, but equally important is the team that wins a poorly-played game.

The latter was exactly the case last week, when the Redskins barely beat the Rams, a team whose mediocrity places them in the same class as the Lions. Embodying the phrase were the home fans’ boos to the Redskins following a touchdown-less 9-7 victory over the Rams, which was no less the home game opener.

Not unlike chess – albeit minus its us-them mentality – sound judgment and decision-making require a sober look into the future, combined with a gathering of relevant knowledge and resources, and a respect for dissenters. In many contexts - such as the price of a stock - current circumstance is only important insofar as it speaks to future value. In this sense, winning a poorly played game does more harm than good.

-KJ

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Media (in order of appearance)

Photo: (1)Albert Haynesworth; (2)Daniel Snyder; (3)McPhee Scowls Down, 05/01/2009, by cyldeorama; (4)An Angry Jim Zorn; (5)IH161460, 05/21/2009, chickhawkdown; (6)Arizona Lottery and Powerball, 04/22/2008, by Monte Mendoza; (7)Poster from 2001 movie Oceans 11; (8) 20060508 - Carolyn's MRI - Image 8 of 15 - Detailed Carolyn brain, 08/26/2006, Rev. Xanatos Satanicos Bombasticos (ClintJCL); (9)Depression, 05/18/2008, stillstressed; (10)Lombardi Pride, 08/25/2007, akahodag.

Video: (1)Video of the song Sunshine (Adagio in D Minor), from Space Ambient channel, song by John Murphy, from the 2007 movie Sunshine. Sphere: Related Content

Top 15 of 2008

I thought about doing one of those year-end lists (like best CDs of the year) but I'm never very in touch with what's been released any given year. And furthermore half the time I find myself amazed by old things as if they were new (like a few years ago when I discovered Marvin Gayes' 1971 R&B classic, What's Goinig On). Society has a strong preference for the new, but sometimes old ideas can seem all the more relevant. So I decided to make a list of just top stuff in my life this year. Some are ideas and areas of study while others are new media and entertainment. Think of them as influencers in my life this year. In that sense, they're all things that proved to be novel to me in 2008 (that's why you won't find the sun rising) like little surprises or discoveries for the year. And in that sense as well I hope some of them you might find novel in your life.

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15. Dogs

Previously I never understood why people become so attached to them, though I never gave it much thought. But with new roommates I'm now living with a bunch of dogs and they’re a whole lot of fun like good buds. Dogs definitely make life just a bit richer.

14. The Washington Redskins

Being fully away from any form of school I’ve been able to get back into football. I enjoyed following the Skins throughout high school, but now that my mind’s a bit more matured I suddenly see there’s so much more to the game. This has become my new religion insofar as I set aside time each Sunday and think about it all week...and insofar as it’s not really a religion.

13. The Stock Market

Stock prices fluctuate in relation to demand for them not in relation to how good a company is. On a very intuitive level, this has never made sense to me, and it still doesn’t. But this year I’ve become intrigued with finding good intro books, reading about the market, researching companies, and even buying my first couple of shares. It’s essentially a mind-puzzle, a very tempered and controlled form of gambling. But boy is it intriguing. Sometimes I’ll just go to finance.google.com and watch the numbers change.

12. iTunes Genius

iTunes Genius is like an automated DJ who works with your digital music collection. You “play a song, click the Genius button, and iTunes creates a playlist of other songs from your library that go great together. Genius playlists help you discover songs in your library you never knew you had — and rediscover forgotten favorites.” Each song transition is tasteful and perhaps even artistic. It’s not perfect as it doesn’t recognize every song, and you can only use it for one song at a time. But its playlists really rival my own, some of which I've spent some time on. Even if you prefer to make your own mixes, you can use Genius to generate new ideas when you're stuck.
11. Motley Fool Caps

Motley Fool CAPS is an addictive stock market stimulator in which you vote on which stock picks will out- or under-perform the S&P. It’s as close as you’ll get to a true social networking community focusing on the stock market. And it’s taught me a good bit the market, both through making picks and reading others’ commentary. Tons of people use it and many stocks have thousands of predictions. For instance, Apple is currently the most frequently rated stock with 19,512 members for it and 1,593 members against it. TMF collects the data to generate all sorts of stats on players and stocks. It's only been around since 2006, and they're constantly tweaking it for the better. No one is even sure yet how it’ll turn out: Will it provide accurate real-world predictions? Will the highest rated stocks win out in the long run? In the meanwhile though who cares because it’s more fun than real investing.

10. Good cappuccinos

I’m not one to make elite aesthetic distinctions – they're often just puffs of ego and semantics. But this year a friend introduced me to a coffee shop that makes “real” cappuccinos and boy what a difference. Ones that look like this:

Cappuccinos are supposed to be thick and made with whole milk. The whole point in adding milk is so the dairy fat can bring out the flavor of the coffee. I'm hooked, and Starbucks' – who recently made skim milk their default for cappuccinos – now taste pretty empty to me.

9. metacritic.com

Metacritic.com combines critics' reviews on any given movie, music album, video game, or TV show. Each item gets a combined score across all critics, similar to rottentomatoes but with more media and a more user-friendly layout. I’ll often check it out before – and sometimes after – seeing or purchasing related media. The service is topnotch, since being bought by CBS, who've supplied it with more than adequate bandwidth, better quality control, and new features.

8. Coldplay’s album Viva la Vida

Like a revelation unfolded in sound. The collaboration between Coldplay and producer(/ambient maestro) Brian Eno worked perfectly. Coldplay and Eno are each intellectual aurally-aware introverts – sometimes to a fault – but here they build off each other quite well.



7. Improv acting classes

A few months ago I capriciously decided to give improv acting classes a try, as inspired through this article at CNN. It's taught me some unique life lessons, which I wrote about previously, but moreso it’s just a great release.

6. Slumdog Millionaire

The world is getting more connected, and we could only go on for so long before some artsy director pondered "why not make an American version of a Bollywood film?", and Slumdog Millionaire is the glorified result. An intense journey through the deepest reaches of poverty and fantasy, it’s the sort of film that could only have been released – or made money – this decade. Americans are truly getting smarter with each passing generation. Movies like Slumdog Millionaire or the Dark Knight are too complex and edgy to have been widely accepted a couple of decades ago. I loved them. We’re demanding more from pop-culture Mecca’s like Hollywood, and they’re giving us the goods. For more see Steven Johnson’s book Everything Bad Is Good for You: How Today's Popular Culture Is Actually Making Us Smarter. Check out Slumdog's soundtrack as well.

5. iTunes audio-books

I enjoy music and my iPod gives me freedom to listen to it anywhere. But I’ve recently begun digging iTunes’ audio-books as much as its music. At first I thought that I’d rather just listen to my favorite tunes everywhere and get into a groove. But audio-books have slipped into my daily iPod use with surprising ease. Just be sure to pick ones that aren’t too complex to listen to on the go. For example, an audio version of Newton’s Principia Mathematica won't work.

4. New Balance motion control sneakers

A few months ago I decided to give these shoes a go. They're called motion control shoes, because they have extra support around the arch in order to force your foot into correct pronation. They’ve completely corrected my posture, solved a running injury that I’ve had for years, and allowed me to run again. Who would’ve thought? The New Balance store by me has exceptional customer service as well, far exceeding similar high-end running shoe stores that I tried.

"Graphite Rollbar® is a boomeranging positioned piece of graphite in the midsole which maximizes rearfoot stability. Rollbar can be combined with a TPU medial and/or lateral post for motion control."

3. Economics

Economics suddenly intrigues me to no end. I don’t know what it is, but this topic seems to pervade everything. This year I’ve spent some time trying to finding the right books to teach myself about economics, and so far my picks have exceeded my expectations. Among the top is Thomas Sowell’s Basic Economics.

2. Sleep

This year I’ve reached new plateaus in how good my sleep feels. Wrote Vladimir Nabokov, “Sleep is a rose the Persians say.” (For more see a previous post).

1. Robert Pirsig's Zen & the art of Motorcycle Maintenance

I've returned to this book for the first time since a teen and it hits the spot like a popsicle on a hot day. I first read it a decade ago but it seems so much more relevant now. You can feel yourself learning with each page. And I even see how its lessons – which I’d forgotten explicitly came from the book – left their mark on my thinking since I was teenager, such as: the importance of analysis, both regarding its benefits and limits; the notion of honest work; quality and gumption; the limits of ego, opinion, and rigid-thinking. Other lessons are particularly relevant to my life now: the notion of moving laterally in life instead of forward; that roadblocks in life or in the mind are equally or more important than success; the severe limits of the empirical sciences. His discussion on lateral movement is exactly what I find so fascinating about free markets and alternative uses of scarce resources. But the book's reach extends far beyond.

-KJ
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Media (in order of appearance):

Photo: (1) Jason Taylor, 08/16/2008, jf; (2) iTunes Genius logo; (3) CAPPUCCINO, 07/22/2007, by kina3; (4) Movie poster from the 2008 film Slumdog Millionaire, fair use rationale to provide commentary on film; (5) 365/365: Audiobooks, 01/09/2008, by David D Muir; (6) New Balance motion control technology; (7) Cover from Pirsig's Zen and the Art of Motorcycle Maintenance.

Video: (1) Music video from caleismachinegun of the song "Lost" by Coldplay from the 2008 album Viva La Vida. Sphere: Related Content