How sports coaches are changing the rules of investing
An English soccer team with a small wage bill is one of several examples of how devotion to data and sound decision-making can lead to remarkable results.
Having triumphed over France on Saturday, the Matildas will face England on Wednesday evening with an undeniable edge – a home team advantage that brings 75,000 fans cheering them on to the FIFA Women’s World Cup final.
Although every sports fan knows that it helps to play at home, few appreciate why this is the case. The conventional wisdom is that the enthusiasm of the crowd or the familiarity of the environment confers an edge.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
