Volatility
Posted in Football, General on November 29th, 2007With Coach Bower’s resignation (or forced departure depending on who you ask), many Southern Miss fans are expressing various emotions from anger, to fear, from elation to resentment. This has, in a sense, further divided the Southern Mis fan base. Which begs the question:
Would a fan stop being a fan just because the university fired the head coach?
Given the animosity of some posters on the Southern Miss message boards, it would seem so. But I think this goes deeper than that.
To many fans, Coach Bower represented stability. Much like a blue chip stock or a bond, with him you had a known quantity, or in other words, low volatility. Now, depending on who Giannini selects as our new head coach, we face an unknown and the potential of some very volatile years.
In the stock market, volatility often results in significant gains. But investors must weather the tragic lows in order to see these new highs. Which is why investors are told to set specific goals and determine their risk tolerance before they choose an investment vehicle.
What seems to divide us relates more to our risk tolerance than our feelings about a coach. I see the University as a younger investor should look at investing. Older investors are satisfied with low, consistent returns. I, on the other hand, want to see the Golden Eagles soar higher. And I’ll take the risk to get there.
Southern Miss football needs more excitement. While we clearly have more fans today than in years past, we aren’t growing at a rate that matters on the national stage. We are losing ground. To make a significant move up, we have to raise our risk tolerance.
Can you take the heat? I can and will!


