AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Motley Fool Money
Stadium Sponsors – Buy or Sell?
Sep 3, 2023
Ricky Mulvey and Dylan Lewis discuss why stadium sponsors generally don’t outperform their peers or the market. They also explore when major sponsorships do and don’t make sense as part of a marketing budget. The brilliance of Monster Energy in focusing on extreme sports is highlighted. Companies discussed include F, PG, PAYC, MNST, ALGT, LUMN, MET, SOFI, AAPL, GOOG, GOOGL.
23:54
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Investing in companies based on stadium naming rights is not a recommended hedge fund strategy.
- Publicly traded companies that sponsor NFL stadiums generally underperform industry indexes and the broader market.
Deep dives
Investing in stadium naming rights is not a good hedge fund strategy
The podcast discusses the idea of investing in companies based on stadium naming rights and examines the performance of these stocks compared to broader indexes and ETFs. The experiment involved two hypothetical hedge funds, one investing in purchasing companies and the other in the broader ETFs those companies belonged to. While stocks won four times and ETFs won 14 times, the total return was closer, with the ETF fund having $59,000 and the stock fund having $52,000. It is concluded that investing in stadium naming rights is not a recommended hedge fund strategy.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode