Comments for The Business of Fantasy Hockey Part I - Value Investing at http://hockey.dobbersports.com , comment 1 to 8 out of 8 comments http://hockey.dobbersports.com Fri, 24 May 2013 03:14:54 +0100 FeedCreator 1.7.3 http://hockey.dobbersports.com/index.php/jeff-angus/2987-the-business-of-fantasy-hockey-part-i-value-investing#comment-7241 How much do I love the concept behind this series? I learned my lesson picking individual stocks a while ago, and now strictly index my RRSP portfolio. So how do I get my "buy low, sell high" kicks without bankrupting myself? Enter pooling. Absolutely brilliant read, the kind of thing you'll only find on Dobberhockey and what makes it stand head & shoulders above the rest. I would love to see this become a regular feature with "value" and "momentum" candidates suggested for consideration. Cheers, Dave. - Dave Sun, 25 Jul 2010 07:10:17 +0100 http://hockey.dobbersports.com/index.php/jeff-angus/2987-the-business-of-fantasy-hockey-part-i-value-investing#comment-7204 you think you could apply this to band-aid boys though, i dont see why not, but, There's only so much a Gonchar or Gaborik owner can take... Good read though. - krisco Thu, 22 Jul 2010 03:20:18 +0100 http://hockey.dobbersports.com/index.php/jeff-angus/2987-the-business-of-fantasy-hockey-part-i-value-investing#comment-7196 PJ, you're exactly right. The common saying about value investing is it's [i]easy to understand in principle, but difficult to implement in practice[/i]. What we're going to do is explain the principles. If it were easy to implement, everyone would already be doing it in your league. This is why we figured now is a good time to think about this stuff, when you've had a chance to step away from the NHL for a few months. From your comment, you may be really interested in Part III which will focus on controlling your emotions. If you read the value investing definition again, you'll realize that you're looking to buy or sell when the market (other owners) overreacts. More often than not, you're going to be acting against the feelings and emotions of the majority of poolies in your league. This definitely isn't easy to do. One of the richest men in the world, Warren Buffett, made his billions from value investing. His quote that I always try to remember is "be greedy when others are fearful, and fearful when others are greedy." When everyone is down on a player, it's time to be greedy and think about buying him on the cheap. When everyone gets overexcited about a player, it's time to be fearful and think about selling. Hope that makes sense. - Mike Colligan Wed, 21 Jul 2010 12:40:00 +0100 http://hockey.dobbersports.com/index.php/jeff-angus/2987-the-business-of-fantasy-hockey-part-i-value-investing#comment-7193 I love the analogy, have bought into it for a while, and am greatly looking forward to the next installments. Easier said than done though, like with stocks its the sell event that's the hardest. I STILL cringe when I recall deciding not to move Voros on NYR early in 2008 when he went gang-busters with Dubinsky for about 8 games and then disappeared. Couldn't do it... - PJ Wed, 21 Jul 2010 08:53:06 +0100 http://hockey.dobbersports.com/index.php/jeff-angus/2987-the-business-of-fantasy-hockey-part-i-value-investing#comment-7181 Great read and left me wanting more, really looking forward to the next 2 sections. Keep up the good work. - UKflames Tue, 20 Jul 2010 23:46:16 +0100 http://hockey.dobbersports.com/index.php/jeff-angus/2987-the-business-of-fantasy-hockey-part-i-value-investing#comment-7173 This is Part I. A bit of an intro to the series as well as covering the first topic. Part II out next week. Part III out in two weeks. May be more. Thanks! I figured this was a great time (not much going on) to discuss some interesting stuff. Not aiming to teach, just to provide structure/understanding for thought processes and decision-making processes that they may or may not already be using. - angus Tue, 20 Jul 2010 16:36:49 +0100 http://hockey.dobbersports.com/index.php/jeff-angus/2987-the-business-of-fantasy-hockey-part-i-value-investing#comment-7171 Were those 'teasers'? Will there be more substance added to Part I & II or is that it? Are you aiming to teach fantasy hockey fans about business by using hockey in your examples? Like to see where this is going. - Jason Tue, 20 Jul 2010 16:29:17 +0100 http://hockey.dobbersports.com/index.php/jeff-angus/2987-the-business-of-fantasy-hockey-part-i-value-investing#comment-7170 Interesting and accurate start, Angus & Mike, curious to see where you take it. Thanks! - cc Tue, 20 Jul 2010 16:15:14 +0100