President Bill Clinton’s political adviser James Carville once said, “I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody.”
To put this in context somebody with a .400 batting average is a unique person, they reach home base an average of 40% of the times they go to bat. There have only ever been 13 seasons in Major League baseball history since 1900 when the top hitter was that good and the last one was by Ted Williams with a .406 in 1941. The MLB leader currently is Luis Arráez of the Minnesota Twins with an average of .338. Being more intimidating than that is a big deal.
