[REPLAY] Michael Schwimer – Moneyball as an Investment Strategy (Capital Allocators, EP.72)

Capital Allocators – Inside the Institutional Investment Industry · Sep 16, 2019 · 55m

Michael Schwimer is the CEO of Big League Advance, a company that makes investments in Minor League baseball players in exchange for an agreed-upon percentage of their future earnings. Before founding BLA, Michael was a professional baseball player, working his way through the minors and reaching the majors as a pitcher for the Philadelphia Phillies. A shoulder injury left him pondering what to do next, which led to the creation of BLA.

Our conversation discusses Michael's career as a player, the difficult life of Minor Leaguers, and his mission to improve their fortunes. We discuss his…