bullish

Gold, Franc-incensed and Emir

549 Views27 Dec 2022 09:11
Syndicated
SUMMARY
  • Karl Marx famously said that Religion was the opiate of the masses, while legendary Liverpool Football managers Bill Shankly said Football “wasn’t just a matter of life and death, it was more important than that”.
  • Certainly, in these troubled times it has been amazing how ‘real life’ has been suspended these last few weeks, thus we might ask, is Football, especially as represented by the World Cup, now a global Religion?
  • Football is, of course, a consumer good with no physical aspect, its adherents pay large amounts of money but receive no ‘goods’ in return.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Logo
Mark Tinker
Founder
Market Thinker
Multi-AssetCross Asset Strategy
  • Gold, Franc-incensed and Emir
    27 Dec 2022
x