The Value Perspective: I know that was then … and it will be again

Emotional responses in football and investment

clock • 3 min read

Be it on England's chances in a World Cup or a company in the stockmarket, writes Andy Evans, human emotion really does not change - but at least, in the latter context, value investing is designed to take advantage

Two minutes before Harry Kane's last-gasp winner against unfancied Tunisia in England's first game of the 2018 World Cup, the mood in the London Bridge sports bar was one of sombre resignation - so it was going to be one of those World Cups. Two seconds after the final whistle, the bar resounded to the opening strain of ‘Three Lions' - "It's coming home, it's coming home …" No, it was going to be one of those World Cups. And now, having beaten Colombia to secure their first win in a knock-out match at a major football tournament since 2006 - and their first ever successful World Cup pena...

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