Statistics Vs Intuition: How FIFA Shocked The World

We know not everyone is a fan of football, but the influence of football on our society cannot be denied. The World Cup final between France and Argentina had a record of over 1.4 billion viewers. Argentina won that final, but something strange happened after the tournament.

A lot of football fans assumed that Argentina will be at the top of the FIFA rankings, (INTUITION) especially considering that they won the world cup and they have a GOAT (Greatest Of All Time) with Messi. Well if not Argentina then France, (INTUITION Again) more so as they came second in the world cup, almost snatching victory with some of the world's best players like Kylian Mbappe and Antoine Griezmann.

Well, FIFA shocked a lot of football fans when they placed Brazil at the top of the rankings on 22nd December 2022, despite Brazil crashing out of the competition in the quarter-finals and here is why - the rankings system is based on the data (STATISTICS) that FIFA have.

Now the rankings system is based on the points allocated to each country by FIFA for several reasons. According to FIFA, victories through the penalty shoot-out are given fewer points than victories in normal match time. Brazil has been on top of the rankings since February 2022 due to its impressive form leading to the World Cup. Argentina or France needed to win the final in normal match time to dethrone Brazil at the top of the rankings. Despite the goals and the drama in the normal match time, Argentina won the final through a penalty shoot-out which meant they couldn't replace Brazil at the top. Going by the rules and the data of the rankings system, Brazil remains on top of the rankings. Much to the perplexion of several fans.

Like many football fans, some investors make investment decisions based on intuition rather than statistics. In this article, we will be analyzing the mindset of the investor regarding intuition or statistics.

Some rely on their own experiences and biases when making investment decisions. They may have a "gut feeling" about a particular stock or market trend that leads them to invest. Intuition can be a powerful tool in investing, but it can also be dangerous. Investors who rely too heavily on their intuition may make emotional decisions that are not based on objective analysis. This can lead to poor investment decisions and losses.

Like the FIFA ranking, investment should be determined by a complex algorithm that takes into account factors such as the number of points, the strength of the opponent, and the importance of the business. Similarly, agricultural investors base their decisions on a variety of factors, including market trends, economic conditions, and company-specific factors. Just in case you are looking to invest in the agricultural sector, W2A offers tailored made research information that helps investors make an informed decision concerning investment in specific agro commodities in Nigeria. Visit info@welcome2africaint.com to request a report today. You can also visit www.welcome2africaint.com/investors to join our investment club.

Market Trends

Just as the FIFA rankings take into account the recent performances of national teams, investors often look at recent market trends when making investment decisions. They analyze charts and other graphical tools to identify patterns and trends in stock prices. By doing so, they can try to predict future price movements and make informed decisions about when to buy and sell.

Economic Conditions

The FIFA rankings also take into account the strength of the opponent. Similarly, investors consider economic conditions when making investment decisions. They analyze macroeconomic indicators such as GDP growth, inflation, and interest rates to understand the broader economic environment. They also consider industry-specific factors such as supply and demand, regulatory changes, and technological innovation.

Company-Specific Factors

In addition to market trends and economic conditions, investors consider company-specific factors when making investment decisions. They analyze a company's financial statements, management team, and competitive position in the market. They also consider factors such as the company's growth potential for agro-tech companies.

Finding a Balance

We advise our investors on when to invest in agribusinesses with either equity or debt. The most successful investors are those who find a balance. They use statistical data to inform their decisions, but they also trust their intuition and experience. They are disciplined and objective in their approach but, they are also willing to take calculated risks.