New Year’s Resolution
After going 0-16 in 2008, I guess the Detroit Lions will resolve to win a game in 2009. Funny fan signs here, including the classic “1-15: I still believe”.
Considering the Miami Dolphins improved from 1-15 (2007) to 11-5 (2008), there’s hope!
More broadly, I can’t help wonder if the economic meltdown in Detroit is hurting the Lions in some manner. I don’t know how many players might live in the area, but the team is controlled by the Ford family — and football probably hasn’t been their focus for the last few years. Mind you, the team did go 7-9 in 2007.
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I’ve read my share about investing, and generally agree with the theory of contrarian investing, namely that it’s more lucrative to go against the herd than with it. That way, at a minimum, you can avoid getting caught up in investment bubbles.
From that perspective, this would be an opportune time to become the Lions’ head coach: there really is nowhere to go but up. The investing analogue would be a company whose market cap is equal to its cash-on-hand (assuming it’s profitable). With the Lions it’s impossible for them to get worse… and next year, they might be expected to win a few games. After all, they were 4-0 in the preseason! So, say:
- 2 games (?) on the basis of better coaching
- 2 games (?) based on “getting some breaks” (they lost three games by a TD or less in ‘08)
That would make for a 4-12 season; maybe not coach of the year potential, but a respectable improvement.