Pulling the Goalie: Hockey and Investment Implications
13 Pages Posted: 8 Mar 2018 Last revised: 8 Oct 2018
Date Written: March 1, 2018
We build a simple, but powerful and intuitive, model for when a hockey coach should pull the goalie when trailing. When the model reports that the coaches aren’t doing it nearly early enough, we then ask why, and take away some key lessons for portfolio and risk management, and business in general.
Keywords: Behavioral Finance, Portfolio and Risk Management, Hockey, Goalie Pull, Sports Economics
JEL Classification: G02, G00, G11, Z2, Z21
Suggested Citation: Suggested Citation