Friday 4 June 2010

Quant Model

world cup trophy Move over, Brazil.
Step aside, Italy.
England will win the World Cup in 2010.
Stop snickering, you. The financial wizards at J.P. Morgan have used "Quant Models" to determine that the Three Lions will sink their teeth into Spain in the World Cup final and the world will hear them roar.
J.P. Morgan describes Quant Models as "mathematical methods built to efficiently screen and identify stocks" and says it has applied that method to soccer data such as FIFA rankings and historical match scores to come up with its result.
Although every Englishman including me seems to fancy the national team's chances in every World Cup, few outside Old Blighty see them as favourites when the cup rolls around every four years.
Yes, England has in recent years become home to the top professional league in all of soccer, but that's largely because the Big Four Premier League teams are chock full of foreign players lured from the far corners of the earth by owners that throw around sums of money that would make Crosus blush.
The home of football has largely faced international futility since lifting the World Cup in 1966. But this time it could be different according to JP Morgan staff.
I wish it was true, however, the adage GIGO comes to mind. Garbage In, Garbage Out.

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