What Fantasy Sports Can Teach You About Investing | AWM Insights | Financial and Investment News

While every front office executive surely doesn’t look like Brad Pitt in Moneyball, sports are now driven by analytics. Why? Teams are trying to figure out a way to predict who is going to be successful inside the structure of the given game. How to construct a portfolio, i.e. a team of players that's going to produce wins that results in profits for the company (team). Teams are investing millions of dollars into players for a desired return. Analytics removes the guesswork. Players are chosen based on data not emotion. The data explains what “drives return.” Juxtapose that with fantasy sports. Fans fill their fantasy teams based on familiarity, gut feel and likability. There's a big difference between you running your fantasy team and the front office of the Seahawks. It’s amateur versus professional. The professional relies on the analytics, the evidence, the drivers of return. Sound familiar? Listen in as we breakdown the pro moves surrounding Bitcoin, day trading and the markets. Episode Highlights (2:14): How Many Traders Make Money? (5:02): Where do returns really come from? (7:05): Fantasy Sports & Investing (10:23): Why we invest. (14:11): Keys to being a successful investor More resources at AWMInsights.com