2016 - Round 19 Results - Less Bad

Football teams, at this time of the year, can be cagey about the form they're in, which is what I'm hoping is also true of the MoS Funds. Together this week they managed to lose another 1.1% of the original Overall Portfolio Fund, the Head-to-Head Fund shedding 0.9c on a 2 from 4 performance, the Line Fund shedding 1.5c on a 2 from 5 performance, and the Overs/Unders Fund shedding 0.6c on a 3 from 6 performance.

That leaves the Overall Portfolio, having lost money the past four weeks, up by just 6.7c on the season.

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2016 Round 19 : Still Trying

As I've mentioned previously, I get nervous about wagering at this time of year because the motivations of teams become less clear. In modelling terms, this can manifest as a change in a team's mean ability, as an increase in the variability of its performance around that mean, or as both. All you can really do is abstain from wagering or hope that, on balance, the motivation-induced error and variance terms work in your favour.

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