Ashy

Building wealth through better habits, investing & thinking ⏐
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Weekly sports finance deep dives (#TheBoardroom) ⏐
NFA

[Ashy @AshyCompounds]

In 7 days, the most-watched event on the planet kicks off.

It'll generate more than $10 billion.

Ticket touts are asking $2 million for a final seat.

Lets follow the money. 🧵 #TheBoardroom #FIFAWorldCup

[Ashy @AshyCompounds]

@nocontextfm1 Legends

[Ashy @AshyCompounds]

@TouchmineX The Mrs has booked a dinner at 7pm so I am hoping lightning delays it slightly

[Ashy @AshyCompounds]

@_Zeets They will probably introduce dynamic pricing - so if its hotter you looking at $100 a bottle https://t.co/8Q4ZXYuvFV

[Ashy @AshyCompounds]

Now here's where it gets uncomfortable.
FIFA introduced dynamic pricing for the first time.
Algorithms adjusting ticket costs in real time based on demand.
The same model airlines and hotels use.

Result: Entry-level seats at this tournament are anywhere from 3x to 9x more expensive than comparable tickets across the previous five World Cups, depending on the match and category.

For most fans, the ballpark is around 6x. Either way it is a lot

[Ashy @AshyCompounds]

@rebekkarnold Group A for me. All 4 teams could / would make it out of other groups

[Ashy @AshyCompounds]

@JoePompliano Yeah I'd rather watch at home or in a bar thanks

[Ashy @AshyCompounds]

@bristolianeagle @GioCollectsPR Haha its why the mens toilet is always so long

[Ashy @AshyCompounds]

@nytimes @TheAthletic Honestly out of all the price gouging happening from Fifa, this is expected and not terrible

[Ashy @AshyCompounds]

@financefraz Nice I like this. Etfs always win but I tend not to mind that single stock exposure. Trimming it slightly isn't a bad idea at all.

[Ashy @AshyCompounds]

@IndexAndForget Great post. There is a severe misunderstanding of "risk" in general

[Ashy @AshyCompounds]

@EdgarMurek97241 @FabiusMulongo @EricNjiiru Iconic

[Ashy @AshyCompounds]

@DividendDynasty Did you go to Gym or buy $GYM - The Gym Group shares?

[Ashy @AshyCompounds]

@TouchlineX

[Ashy @AshyCompounds]

@stats_feed The secrecy of the formula is marketing.

Blind taste tests show its not the best drink out there.

[Ashy @AshyCompounds]

@FabiusMulongo @EricNjiiru

[Ashy @AshyCompounds]

@EricNjiiru

[Ashy @AshyCompounds]

@YodaStockInvest So I will remove 5 times, and still look 495 times a day?

[Ashy @AshyCompounds]

@zapunyo Haha this would be amazing!

[Ashy @AshyCompounds]

The biggest problem about gymming and working in London is:

How on earth do you get around the day after leg day? We do too many steps in this city.

[Ashy @AshyCompounds]

@primevideosport With one week to go I did a deep dive into this question. It's definitely FIFA who wins at the expense of the fans. https://t.co/0SpoFalcSl

[Ashy @AshyCompounds]

In 7 days, the most-watched event on the planet kicks off.

It'll generate more than $10 billion.

Ticket touts are asking $2 million for a final seat.

Lets follow the money. 🧵 #TheBoardroom #FIFAWorldCup