Twitter: GeoffShac
  • Playing Through: Modern Golf's Most Iconic Players and Moments
    Playing Through: Modern Golf's Most Iconic Players and Moments
    by Jim Moriarty
  • Tommy's Honor: The Story of Old Tom Morris and Young Tom Morris, Golf's Founding Father and Son
    Tommy's Honor: The Story of Old Tom Morris and Young Tom Morris, Golf's Founding Father and Son
    by Kevin Cook
  • His Ownself: A Semi-Memoir (Anchor Sports)
    His Ownself: A Semi-Memoir (Anchor Sports)
    by Dan Jenkins
  • The Captain Myth: The Ryder Cup and Sport's Great Leadership Delusion
    The Captain Myth: The Ryder Cup and Sport's Great Leadership Delusion
    by Richard Gillis
  • The Ryder Cup: Golf's Grandest Event – A Complete History
    The Ryder Cup: Golf's Grandest Event – A Complete History
    by Martin Davis
  • A Life Well Played: My Stories
    A Life Well Played: My Stories
    by Arnold Palmer
  • Harvey Penick: The Life and Wisdom of the Man Who Wrote the Book on Golf
    Harvey Penick: The Life and Wisdom of the Man Who Wrote the Book on Golf
    by Kevin Robbins
  • Teeing Off: Players, Techniques, Characters, and Reflections from a Lifetime Inside the Game
    Teeing Off: Players, Techniques, Characters, and Reflections from a Lifetime Inside the Game
    by Ken Bowden
« Tim Clark, Lead Anchoring Ban Victim Advocate | Main | "All you need is one good shot with these clubs and you're hooked." »
Tuesday
Jan292013

Tiger And The Stock Market, Redux

Nice post by Sam Weinman on the bizarro parallel lines between Tiger winning and the stock market's performance.

Buy, buy, buy!

A coincidence? Probably. But as Gary Kaminsky, the Capital Markets Editor for CNBC, said, "If you want to draw some conclusions, stock market participants who are avid golf fans become more aggressive and optimistic in thinking about their investments when Tiger wins a tournament."

Of course, as Kaminsky noted, the Nasdaq's rapid rise was more attributable to enthusiasm around tech stocks than it was Woods' superior ball-striking and clutch putting. But what's interesting is that the pattern has continued into this more unpredictable phase of Woods' career.

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (2)

Good one. Just remember when the cock crows, the sun rises. (And it rises whether there is a cock crowing or not.)
Good one, Colin.

CNBC = Certifiable Nutcases & Blind Correlations
01.30.2013 | Unregistered CommenterRLL

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
All HTML will be escaped. Hyperlinks will be created for URLs automatically.