Tate is an Index Fund

Submitted by Captain Obvious on
While there are short term peaks and troughs, solid over the long run and steady, if predictable, historic gains. Denard is a small-cap stock in an emerging market. Though volatile and subject to wild swings in value, the potential for market-beating returns is there. Nick Sheridan is Lehman Brothers. What once seemed like a safe choice imploded spectacularly when put under a bit of pressure. Nick Sheridan will not receive a bailout.

Captain Obvious

September 7th, 2009 at 2:11 PM ^

remember that the number one rule of portfolio management is diversification. We need to invest heavily in our two remaining options, though limiting our exposure to the small cap until proven to be viable over time.

formerlyanonymous

September 7th, 2009 at 2:11 PM ^

This has the potential to be a really awesome debate thread. I really hope there are some econ minded people that can debate this in an entertaining and educational way. I however, lack that capability.

bouje

September 7th, 2009 at 2:15 PM ^

Lehman was a respected company. A top 10 investment bank. A walk-on cannot be a top 10 investment bank. I agree with DRob being a small start-up company I would say probably in the Technology sector. The problem with Tate being an index fund is that they approximate the market as a whole so if anyone is an index fund it would probably be Sheridan since he will ever only be able to be average on any given year. Tate would have to be a blue chip stock like GE that gives consistent returns/dividends every quarter.

bouje

September 7th, 2009 at 2:59 PM ^

They seemed like a good idea at the time but when we look back at them in hindsight we realize what they really were: "Horrible loans that were too large for the person to ever be able to reasonably afford" which is no wonder why they defaulted.

noshesnot

September 7th, 2009 at 2:18 PM ^

"Nick Sheridan will not receive a bailout." Is Stevie Brown the housing market? Huge potential that went bust, but now is starting to rebound slowly back to where it should have been all along.

The King of Belch

September 7th, 2009 at 2:27 PM ^

In fact, this was so poignant and dead on that I shouted "GET IN THE HOLE" the second I hit the first "location." That's the GERG impact for ya. If Stevie is the real estate market's living example of that axiom, then GERG is the real estae developer. The King Pin. The guy who pays off the zoning inspector.

bouje

September 7th, 2009 at 2:31 PM ^

Let's not start any rumors about Gerg paying ANYONE. I don't want the Freep to run with it with their precious "journalistic integrity". (I'm only kidding... kinda)

The King of Belch

September 7th, 2009 at 2:34 PM ^

What the FUCK was I thinking? "...are you posting this on the intranets? I don't know you! PRANK POST! PRANK POST! PRANK POST!"

In reply to by The King of Belch

bouje

September 7th, 2009 at 2:39 PM ^

Always watching. Always looking for the next way to make RR and staff out to be "bad guys". I can only imagine the headline "GERG PAYS off 'zoning inspector' to help Michigan win. Who is this 'zoning inspector' well we interviewed 5 current and former players, Susan brown, and a brain dead mule to find out the answer which will appear on tomorrow's front page. STAY TUNED!"

Don

September 7th, 2009 at 2:53 PM ^

The guy promising and initially appearing to deliver returns that should sound too good to be true? Kiffin? Hawkins? Or might it be some overweight guy with the schematic advantage?

MGrad

September 7th, 2009 at 2:56 PM ^

What I saw from Tate was nothing short of a terrific performance, easily the best out of a quarterback around here in the RR era. If he sustains that he will be more like a home run stock than an index fund. It's funny to watch people talk about a lower "ceiling", which seems to somehow equate to a 40 yd time in peoples' minds more than what a QB is supposed to do: distribute the ball productively. How much does a .1 seconds (heck, even .2) on a 40 time matter for a QB? Do you think the OSU or PSU corners will have an extra "gear" over the WMU players? The 2009 "ceiling" he showed in his first game is way beyond what anyone else can get to this year, period. His "ceiling" as a high-performing QB will grow with his physical maturity and experience even faster than others because he doesn't have to learn the fundamentals. He, like everybody else getting processed through the Barwis factory and working through the late teen years, will be bigger and faster next year. QB/Athletes rarely, if ever, hit the QB ceiling people see from their freakish innate shiftiness and speed (see Wick, V.Young etc. in the NFL). Throwing accurately is just as freakish, and I would argue, even more rare (T.Brady, D.Brees, P.Manning) and ultimately much more valuable to A TEAM. You can teach mechanics, but can't coach that extreme performance any more than raw speed (though with both, you can improve the margin).

Captain Obvious

September 7th, 2009 at 3:48 PM ^

for just a moment here. Leaving aside your strange strawman argument about 40 times, I think you misunderstand the concept of a ceiling. A ceiling is someone's max potential (key word potential). No person can possibly argue that Denard is closer to his max potential than Tate. Tate has been trained to be a QB his entire life and his performance on the field reflects this. Denard is extremely raw, yet capable of hitting a home run on every single play (also reflected on the field). This is the very definition of a high ceiling, which Denard has. Will he ever reach it? Who the hell knows. If he does reach it, will it still be enough to supplant Tate? Again, who the hell knows. I was purposefully ambiguous on this point. If you read carefully, you would have noticed that I argue for using Tate more than Denard for the time being. Current production and solid decision-making >>> high ceiling.