tag:blogger.com,1999:blog-19649274.post3752866157182427602..comments2024-03-27T17:16:12.789+05:30Comments on The Leap Blog: Better football through scienceAjay Shahhttp://www.blogger.com/profile/03835842741008200034noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-19649274.post-20396642229276355452008-02-25T10:27:00.000+05:302008-02-25T10:27:00.000+05:30Interesting you should say that. My personal belie...Interesting you should say that. My personal belief is that indexes perform better partly because there are futures and options on them. Indices themselves are a derivative and then you have another derivative on them. The arb potential is the "house advantage", tilting the scale. (Okay, unproved and all that)<BR/><BR/>Another theory I heard: Most research and analysis is paid for by actively managed funds. If Index investing were to go mainstream, (fundamental) analysis would have no value, because heck,you're investing in an index. The lack of analysis will lead to a mismatched price-value equation and active management will then generate alpha in comparison, which leads us back to where we are today. <BR/><BR/>The current situation is not much different (in unfairness) from the one in which index funds or index investments are the majority destination. What tips the scale over is the human belief that someone somewhere knows something and it's most likely the fund manager.Deepak Shenoyhttps://www.blogger.com/profile/04209677935830502120noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-41568136939929583382008-02-22T20:42:00.000+05:302008-02-22T20:42:00.000+05:30I guess as they adapt their behavior based on diff...I guess as they adapt their behavior based on different situations, it brings us to the conclusion what works for you most.<BR/><BR/>Nitin<BR/><A HREF="http://my2dimes.blogspot.com" REL="nofollow">My 2dimes</A>Nitin Raohttps://www.blogger.com/profile/01639872080841933439noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-4770061262726852942008-02-22T20:41:00.000+05:302008-02-22T20:41:00.000+05:30This comment has been removed by the author.Nitin Raohttps://www.blogger.com/profile/01639872080841933439noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-74232980126414381032008-02-22T02:54:00.000+05:302008-02-22T02:54:00.000+05:30It sounds like a partial equilibrium analysis. Sur...It sounds like a partial equilibrium analysis. Surely, if the goalkeepers changed their behavior by standing still, the penalty shooters would alter their behavior. <BR/><BR/>The question is, what rule should the goalkeeper follow knowing that if he follows a fixed strategy, the penalty shooter will adapt, and vice versa ? There ought to be a probability story here.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-19649274.post-87877039916272027392008-02-21T13:29:00.000+05:302008-02-21T13:29:00.000+05:30In Champions League game AC Milan vs Liverpool whi...In Champions League game AC Milan vs Liverpool which Liverpool won eventually Dudek was pitted against Dida in the penalty shoot out. Dida just stood there where whereas Dudek distracted the penalty takers by moving sideways and managed to save more penalties than Dida could.<BR/><BR/>It could be what works for you most. What say Ajay?<BR/><BR/>Nitin<BR/>http://my2dimes.blogspot.com<BR/><BR/>BTW: It's a classic game. Watch it if you are remotely interested in football.Nitin Raohttps://www.blogger.com/profile/01639872080841933439noreply@blogger.com