{"id":295908,"date":"2010-02-08T17:30:17","date_gmt":"2010-02-08T22:30:17","guid":{"rendered":"http:\/\/www.businessinsider.com\/socgen-says-short-the-winner-and-long-the-host-in-2010-world-cup-2010-2"},"modified":"2010-02-08T17:30:17","modified_gmt":"2010-02-08T22:30:17","slug":"soc-gen-tells-you-exactly-how-to-get-rich-trading-the-world-cup","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/295908","title":{"rendered":"Soc Gen Tells You Exactly How To Get Rich Trading The World Cup"},"content":{"rendered":"

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Typically, betting on the World Cup involves a trip down your corner agent in the UK or a visit to paddypower.com<\/a>, but Societe Generale are suggesting you play the tournament by getting in a contrarian bet on the economic growth of the winner.<\/p>\n

Typically, its assumed that the host country and the winner get a huge economic boost from the tournament.<\/p>\n

 FT Alphaville reports<\/a> that Soc Gen analysts think the host assessment is true, they say the other half is a complete farce.<\/p>\n

SocGen are therefore advising you go long on South Africa, via the JSE South Africa index, and short some potential winners’ exchanges, like Argentina’s Merval or Brazil’s Bovespa.<\/p>\n

Right now its actually Spain, England, and Brazil in the lead to win the tournament, according to William Hill<\/a> and Paddy Power<\/a>. Anyone of them would make a good bet to win the cup, but two of them stand out as targets for the SocGen short strategy, with skyrocketing debt burdens.<\/p>\n

We think we will be shorting Germany, if you know what we mean.<\/p>\n

Join the conversation about this story »<\/a><\/p>\n

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