035 - Sell Intuit (INTU) Because of the Stadium Indicator? - a podcast by American Money Management LLC

from 2021-10-18T11:00

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Adelphia, Worldcom, Enron all went bankrupt after entering stadium naming rights deals. Intuit just announced a stadium naming rights deal with the LA Clippers for their new arena. It will be called the Intuit Dome. Based on the Stadium Indicator we should now sell Intuit?


In this episode, Glenn looks at the behavioral bias that feeds this heuristic trading rule and what are the actual returns to publicly traded companies that do stadium naming right deals.


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Links


Concinnus Financial Research Report: Do Stadium Naming Rights Align With Shareholder Best Interests?


A Stadium by Any Other Name: The Value of Naming Rights


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