In this article, Andreea V. Popescu explores the exciting world of football and lays down a few strategies that investors can learn from football coaches.
The solvency of many pension schemes is improving as the real rate increases. But this does not mean we are out of the woods. The world is simply uncertain and if we want to survive the next crisis, we must begin to prepare for it today using scenario analysis. This will make us adaptive should something unexpected happen. Since the economy is as unpredictable as a football game, this is not very different from what football coaches do when preparing for a game. The coach practices different scenarios with the team so that players can be adaptive during the game.
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