Wednesday, August 20, 2008

Football friendlies

I've studied football matches now for nearly three decades but one thing that still foxes me is friendlies. Part of my approach to the markets is one of capital preservation and that is where most people should start. Part of the process of capital preservation is knowing when you are outside of your abilities. I can tell you a lot about a football match, in great detail, but friendlies are a big of a mystery to me. I guess one of the reasons is that it's difficult to work out the motivation players have in these games and also the tactics the manager will use. As such I will skip these matches, they get filed in my 'too hard' category.

For that reason I'll be skipping the England vs Czech Republic this evening.