Making money watching sport with The Sports Trading Club tipped as the business to watch in 2013
One of the world's leading economist picks sports over the stock market as the place to invest in 2013 .
That pro sports is primarily a major profit industry has not been news for 15 years. Players first rate themselves on their salary. Then, their scoring average. Franchises have become blockbuster capital gains investments. And sports broadcasting rights can make or break networks.
Two of the most dynamic growth industries of the past 25 years have been computer science and sports trading. From a standing start, they are now both multi-billion-
No one can doubt their impact. Today, American industry is programmed by computers and American leisure time is programmed by sports.
In a field where insignias are traditional, the most universal sports logo today is $ - the dollar sign. That is why the name of the game is not "sports", it's "$port$ - with $ signs from beginning to end.
Little wonder then that when Peter B. Kenen, a leading international economist and an expert on the Eurozone, in his last media interview last year, predicted that The Sports Trading Club is a rising star to follow in 2013, it got investors scrambling to learn what all the fuss is about.
“The stock market is seriously contemptuous of investors, whereas there is a truth and transparency to the STC,” said Professor Kenen, the Walker Professor of Economics and International Finance Emeritus at Princeton University, who taught at Princeton from 1971 until 2004, and continued to teach part-time until 2011.
“The key is for investors to align themselves with experts and professional analysts,” he said. “The recent success of the Sports Trading Club is a clear example of how the amateur investor can prosper and out perform any hedge fund.”
STC Europe Trading Manager, Mr Mark Archer said the appeal was largely due to a policy of total transparency.
“I believe the ability for investors to stay at home and watch every trade, in real time on the internet, is very appealing,” he said.
“It is all about sharing knowledge, being kept informed, and being treated with respect,” he said.
“It allows people to watch their money work, every second of every day and to understand what is happening.”
Making money whilst sitting at home watching sport on television. Now that sounds like a dream job.
As Confucius said, “Choose a job you love, and you will never have to work a day in your life.”