Right here meaning netting (often significant) value in every deal, and hitting on all significant draft and IFA picks. Practically every deal they've made has improved the organization overall, and if you take into account the difference in player development, even the assets that were here have improved stock markedly. We're a long way from spiking the football on the 2012 draft. And the "net significant value in every deal" metric is probably true, but it ignores the fact that they've had some assets depreciate significantly because they were holding out for such a deal. Aside from not going all out in the Darvish/Tanaka/Cespedes races (I'm not 100% convinced they had the resources to do so with the Japanese pitchers, but that's debatable), this has been my chief complaint with the FO. Nobody is prescient enough to know precisely when a player will be at peak value, but they've fudged a few great "sell high" opportunities by holding out. A couple of the guys they could have received solid but not spectacular returns for ended up with virtually no value, Schierholtz being the most notable in my mind. Barney, too. On the trades that they have made, they've done very well. But you're right, we can't ignore the ones they haven't made. The real problem is that guys like Barney and Schierholz have never had any real value.