Is the money even there for Zaha if we wanted to sign him?
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Forgot his first name is Wilfred, he's worth even less in my book now
Well, yes. I do understand the premise of by low, sell high. Keeping with that particular analogy, Japanese banks are particularly cheap at the moment, especially relative to say US tech stocks. However I wouldn’t necessarily want to buy a Japanese bank over, say Apple. The reason why they are cheap is due to the additional risk premium associated with them (ie they aren’t particularly profitable given interest rates in Japan, are cyclical within a highly cyclical market that is exposed almost entirely to the global economy). So whilst more expensive, Apple would be a more attractive option.
Same applies to this case. Malcom is cheaper because he is untested. Plus he’s recently struggled following a big money move. Which increases the risk premium further.
As I said, I would want Malcom too because I think he’s worth the risk (unlike Japanese banks!) but I can understand why Zaha is valued the way he is. He represents less of a risk and is about to hit his prime after a decent run of seasons.
I think that buying cheap kids and developing them is a great working practice. But it should allow you to spend money on players that can genuinely impact the team. And Zaha would do that immediately so I can see the thought process (despite what my preference is).
We've waited for years to have a Fabian and Wilfred in our team.
Is the money even there for Zaha if we wanted to sign him?
Wait will go on, his first name is actually Dazet, thought everyone knew that?
In other news, i cant see Dazet Wilfried Armel Zaha coming to Everton
My only problem is that from a portfolio construction perspective, is he really going to offer diversification considering we already hold Bernard, richarlison and sigurdsson?You view Zaha as a non-cyclical consumer staple, non-cyclical for the reason being that he has prem league experience over the past couple of years, stable, you know what you are getting, combine him with over good players to bring the risk down further, mean variance optimized
Wilfred, Bernard and Malcolm.Forgot his first name is Wilfred, he's worth even less in my book now
My only problem is that from a portfolio construction perspective, is he really going to offer diversification considering we already hold Bernard, richarlison and sigurdsson?