Last year, I found myself thinking about the personification of risk. Am I more risk averse than I was a few years back? If so, why? I thought to myself: I am fresh out of the 30s gate, and there is a long road ahead to match the current Global or US life expectancy. Yet, I felt like something had changed. On a coffee run with a colleague, I made a comment about how my cost of equity has decreased. In a bid to make my musings relatable to matters we discussed frequently at work, I stumbled onto a concept that gnawed at me for the rest of the year. What is my cost of equity?
I grew up playing and watching the game of Football, the one you actually kick with your feet 99.9% of the time. Playing and watching were not enough for me. When I got started on video games, FIFA felt natural. I only played one mode: Career mode. I selected a team in English Football League Two, three divisions below the Premier League, and it was usually Milton Keynes Dons F.C. My personal objective was to build a quality team that can get promoted to the Premier League.