This somewhat rambling analysis of how to stock your pitching staff (if you’re a major league GM) strikes me as very smart. Don’t pay a lot because you need a lot. Pay a little because if you take enough small chances you can find a lot in the pool.
I think we need some real studies of what happens (namely, where the good pitchers on good teams came from) to buy into this fully, but given Rany’s survey of drafts it makes total sense to me that the best investment is in hitters.
And certainly major league teams are going this way now.