Question

In the last 15 years or so, several European soccer teams have gone public. For example, the

shares of stock of Borussia Dortmund, which was Ger- many’s first publicly traded soccer team,

are traded on the Frankfurt Stock Exchange. You hear the following statement from a friend of

yours: "I would never buy any soccer stocks; their price is too volatile, as those soccer teams

play every week, and depending on the game outcome their price may go up or down a lot; in

other words, soccer stocks are too risky and useless for rational investors, they’re just good for

soccer fans and for those people who don’t know anything about finance!".

Required: How would you reply to such a line of reasoning?​

Answer 1

Answer:

View real-time stock prices and stock quotes for a full financial overview. ... You Can Buy Into Publicly Traded Sports Teams. ... Soccer could be good investment as first global sport. Jun.

Explanation:

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