On 14 June 2018 the FIFA World Cup rolls round again – who do you support, and why? The way we think as fans about the economics of football or “Cup-o-nomics” can have a pay-off for your money too.
Big sports matches can affect financial markets, as investors get swept up in the atmosphere and may become convinced of their predictive power.
People sometimes behave as if they know who will win – even when they should know better. And share markets often fall after a big football loss.
Views that skew
As economist and writer Chris Dillow has explained, there are many hints and lessons for investors in football coaches’ strategy and on whether being active – or passive – typically turns out best.
There are seven more personal finance lessons from football in this slideshow.
Even if you don’t benefit financially from football, big sports tournaments can have a positive effect on society – such as increased happiness .
Want more? Here are a few classic thinking traps to watch out for as teams vie for success in big tournaments.
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