Super Bowl XLVIII
NYT: Busy Area Busier Because Of Big Game; Finance Employees Going To Same Bar They Always Go To After WorkBy Bess Levin
Analytic Investors’ patented contrarian return-on-investment Super Bowl model missed only once, when the Giants beat the Patriots—and not the time you’re thinking of. Its analysis is telling it that Peyton Manning and the Broncos are a sure thing to win by at least a field goal, good enough to cover the point spread and make you as much money as you are willing to wager.
This year’s Super Bowl matchup features the lower-alpha Denver Broncos (4.6%) against the higher-alpha Seattle Seahawks (13.7%). As noted previously, we have found evidence that lower-alpha teams in the regular season tend to be undervalued throughout the post- season. Thus, as current 2-point favorites, we think Peyton Manning & Co. will overcome Richard Sherman’s arrogance to win this one by at least a field goal.
You might want to take those winnings and short a few indices with them, because of the tried-and-sometimes-true “NFC Super Bowl champion equals good year for stocks” indicator. On the other hand, the “Broncos winning the Super Bowl is good for the market” indicator might lead you to do otherwise. Read more »
Eighteen people were arrested for allegedly running a prostitution and drug ring that marketed its services to visitors to the New York area for the Feb. 2 Super Bowl, the New York Attorney General said. The ring sold “party pack” packages of cocaine and prostitutes and is estimated to have generated millions of dollars in illegal proceeds, Attorney General Eric Schneiderman said today in a statement. [Bloomberg]
Getting hit with an indictment when he had several thousand dollars worth of tuna in the fridge. Reading about his employees holding covert job interviews at rest stops along I-95. Being forced to beg his staff to stay, rather than the other way around. Having to explain himself re: the timing of $166 million art acquisitions. Watching his #1 fan abandon ship. And now this: Read more »
Steve Cohen To Make Sure TriState Area Superbowl Will Cause All Other Super Bowls To Bow Down Before It In AweBy Bess Levin
Yes, Super Bowl XLVIII is a long way off. Yes, it’s hard to get jazzed about a game for which we have no idea who will be playing. Yes, you might actually freeze your ass off. While all of those things may be true, yesterday brought news that should have you salivating for 2014. Because yesterday, we found out that that SB? Stands to be the best one ever, based on a host committee that includes (among others such as Goldman Sachs, JPMorgan, Citi, BlackRock and Paul Tudor Jones): SAC Capital. While the official list cites SAC president Tom “Silver Fox” Conheeney as its point man on the project, make no mistake that Steve Cohen will be heavily involved, no doubt going above and beyond the responsibilities of a typical host. Obviously, Cohen has a lot on the line here, given that his venerable initials are on the thing. Therefore, in an effort to make sure SAC isn’t associated with a sack-freezing joke, he’ll be taking the following steps to ensure the game is a smash hit. Read more »