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On a related note, ING’s pretty sure that Colombia has been spelling its name wrong for the last 200 years.
While Goldman used past performances to make its predictions, ING has tried to forecast which team will win the tournament based on the quality of its players, measured by the market value of the squad. To determine each team’s market value, ING used the transfer value of each member of the 23-man squads….
Which national team has the highest market capitalization? Reigning champions Spain, followed by Germany and Brazil. ING has used the transfer value of each member of the 23 man squad to make its calculations.
Colombians, already peeved at people misspelling their country’s name, may not be too happy.
Who Will Win the World Cup? Goldman Says Brazil; ING Says Spain [WSJ MoneyBeat blog]
Goldman Sachs Predicts the World Cup Winner [WSJ MoneyBeat blog]