The Golden Rules - discussion thread

[thebaxters]

<snip>I'm not a big believer that you have a Guns/Rookies strategy or a mid priced strategy but rather a combination of the two.<snip>

<snip> It's really just a case by case scenario rather than a general rule. In some cases the midpricers will do better and in some cases the Guns and Rookie will do better. Like all things finding the right balance is the key.<snip>

<snip>I wasn't trying to bag the Gun/rookie strategy. Every good team will have a mixture of both like you said.<snip>

<snip>Very rarely will you find a team entirely of guns and rookies is the best value. Conversely it is also very rare to find a team of entirely mid-pricers is the best value too. The best teams pick players that generate the best points for their value whether they be a gun, mid-pricer or rookie.

What you guys are all hitting on is that DT is about risk management, and that it is inherently risky to put all your eggs in one basket (strategy). Using a combo of gun/rookie, midprice and straight out value strategies help diversify and spread that risk. That might come at the cost of some points (high risk will often offer the highest reward), but you're less likely to crash and burn through diversification.

So the only point of clarification I'd make here is that it's not necessarily "good" teams that diversify risk, but risk diversified teams are the ones that on balance of probability will do better X out of Y seasons.

 

[Narkee]

You don't happen to work in finance do you Baxters?

May be we can apply Markowitz portfolio theory to DT

 

[anf06]

That would be great if there was such a word. I think you're looking for "argument".

Cheap shot at someone's spelling? Unnecessary.
We all knew what he meant.

 

[Papa Juggs]

I don't think you can get out of picking at least a few midpricers to start off with unless you are very risky with starting rookies on the field.

It's hard to get enough premiums into your starting squad. This thread in rule #1 says you need 15-17 to be a guns/rookies team. I would say I got 12 keepers and a few midpricers.