Tinkering with his fantasy football team got PA's editor Tom Ellis thinking: there are a lot of parallels between the football fans' favourite pastime and investing. Here, he sees how this week's team selection relates to different types of investment risk and brings out behavioural biases …
Before I crack on with my behavioural finance thoughts, for those of you who are unfamiliar with the Official Premier League Fantasy Football structure the rules are fairly simple. You have an allotted £100m to spend on 15 players to make your squad. The price of players range from the cheapest at around £4m and the most expensive players - your Mohamed Salahs and Raheem Sterlings - at around £13m. The league is like a mini stockmarket - prices go up and down and different players (read: stocks) perform differently and in often volatile ways. With that in mind, you need a balance betw...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
