I get the feeling that he can identify value at the margins, but really lacks a coherent big picture view. In other words, his advanced statistics might help him realize the value of someone like Lowry, but beyond realizing player A has more value than player B based on some advanced metrics, he seems lost.
Because those super-stars are falling from the sky, right?
I'm no Morey fan, but finding players who can contribute who are lesser known talents (Lowry, Goran Dragic, Chandler Parsons, etc...) isn't easy. As much as I dislike his "I'm the smartest man in the room" b.s., he has a strategy to get a star player. Unfortunately, it involved blowing up his roster for past and future draft picks.
One of the aspects of the NBA I've grown to loath is the gravity of star players. Some of these so-called star's are 2nd tier players but due to the lack of talent in the league they look like all-time greats (yes, I'm referring to Dwight Howard and Carmelo Anthony). Howard is, a defensive improvement on Kevin Willis, at best. That's not a huge knock, but he's not the next coming of Olajuwon, Robinson, or Ewing. Setting that aside, it's proven that if you can lure a star player to your team, or force them via trade, it will help you land other players. The byproduct of this development is the loss of league parity the owners supposedly desire while also giving these prima donna "stars" far more leverage than they have earned (i.e. Carmelo Anthony).