The Value Perspective: The case for an 'outside view' on the Gold Cup

Keep on right side of the averages

clock • 4 min read

Ahead of today's Cheltenham Gold Cup, you will have to look elsewhere for racing tips - here Nick Kirrage offers a simple reminder that value investing is all about looking to keep on the right side of the averages

Among the favourites to win the 2019 Cheltenham Gold Gup, which sets off at 3.30pm today, is last year's winner Native River. At around 4/1 with the bookmakers, at the time of writing, the Irish-bred eight-year-old is clearly well-fancied to repeat last year's achievement and yet, in backing him, his followers are betting against history. In the almost 100 years since the race has been run over fences, only six horses have won the Gold Cup twice or more in succession - Easter Hero and L'Escargot (twice each), Arkle, Best Mate and Cottage Rake (three times each) and, well out in front ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Woodford IM hits back at FCA's enforcement action including £46m in fines

Woodford IM hits back at FCA's enforcement action including £46m in fines

WIM said it 'strongly disagrees' with the regulator's decision

Cristian Angeloni
clock 05 August 2025 • 3 min read
Regulator bans and fines Neil Woodford and Woodford IM £46m

Regulator bans and fines Neil Woodford and Woodford IM £46m

Woodford has appealed the decision to the Upper Tribunal

Cristian Angeloni
clock 05 August 2025 • 3 min read
Darius McDermott: The line between resilience and risk

Darius McDermott: The line between resilience and risk

'Trump has, for the most part, chickened out'

Darius McDermott
clock 29 July 2025 • 5 min read