The Browser
Cecily Cecily

Writing Worth Reading

Football As Financial Economics

On Arsenal Football Club and tail risk. “Ordinarily, teams play a bit better than normal or a bit worse, but performances and results are usually roughly normally distributed. Not so for Arsenal: 10% of games this season account for 50% of goals conceded”. For balance, Arsenal needs more players with what investors would call “negative beta” — ones who perform better when their team-mates are performing worse (612 words)

We hope you are enjoying The Browser

 

Thanks for exploring the Browser

 

Thanks for exploring The Browser

 

Thanks for exploring The Browser

 

Welcome to The Browser

 

Log in to The Browser

 

The Browser Newsletter

 

Sections

 

Share via email

 

Search the Browser

 

Email Sent