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June 22, 2012
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ING is caught up in the Euro 2012 “football fever”, with senior economist Ian Bright explaining the sport is more than just a game.
Football exposes fascinating economic lessons.
“Football can be a metaphor for the way people manage money,” Bright says in a new video. “Lessons from football are being used to show, for example, how people deal with winning and losing and the way we save and invest.”
Bright highlights the “all-or-nothing” tactics seen in football when a team is behind.
“When investing, there may be a tendency to invest more heavily after a loss.”
ING produced several Euro 2012 reports, including Fanning the football flames (results of a 16,000 respondent survey in Euro 2012 finalist countries) and Football lessons for personal finance.
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