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Sign up for our email list to be notified when we update the HF Blog. July 9th, 2008
Time to buy the Huskers
Warren Buffett is arguably the greatest investor of all-time. His philosophy is simple: 1) buy low and sell high, and 2) be fearful when others are greedy and greedy when others are fearful. With the stock market suffering through the summer doldrums, it occurred to me that sports fans and investors have some things in common. Investors in general like stocks the most when the market is at a high and they don’t want anything to do with them when the market is in the dumps. Sports fans have basically the same attitude toward their team, liking them the most when their team is experiencing success and the least when their team is struggling. Granted, this analogy doesn't factor in the most loyal fans (and Nebraska has plenty) who never get off the bandwagon. But you get the point.
The guys over at BigRedNetwork (who are much more prolific writers than me) asked an interesting question, "Have you peaked as a Husker fan?" Personally, the answer is no way. That's tantamount to saying my best days in life are behind me. If there’s nothing to look forward to, then why continue living? Granted, the Huskers probably won’t win three titles in four years again, but that doesn’t mean we shouldn’t be positive about the future. That doesn't mean we shouldn't anticipate every season like it's the very first one.
Look at it this way, for 40 years Nebraska football enjoyed a bull market. NU is in the top four of winningest Division One college football programs, which further displays the long term uptrend of success NU has enjoyed. The last few years have been rough on us Husker fans. While they don’t ring a bell at the bottom of a bear market in stocks, it’s fair to say the bottom for the Husker football program came with the dismissal of Bill Callahan after last season. But the 2008 season is nearly upon us with practice starting in a month. A new season...a chance to start over and to begin rebuilding what was once great. First year head coach, Bo Pelini, is the catalyst that Nebraska football needs to take their stock higher. After suffering through an ugly bear market, it’s time to begin a new bull. It’s time to buy the Huskers.
On the recruiting front, NU picked up a big quarterback commitment today, both literally and figuratively. Cody Green of Dayton, Texas committed to the Huskers after narrowing it down to Nebraska and Texas A&M. The 6'4" 220 pound QB is ranked 4 stars by Rivals.com and 5 stars by Scout.com.
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