Every once in a while I like to take a look at my fan portfolio. What’s that, you say? It’s the teams that I’m invested in, and their stock goes up and down just like the market.
The big difference between my fan portfolio and my meager investments in the stock market is that I won’t sell my allegiance to my teams. Once I bought in I was stuck with them — for mostly good, but sometimes bad.
So let’s take stock of my teams and how I’m handling my investment:
Cubs: Bull market. Everyone is buying on the Cubs after they signed Jon Lester. The Cubs are obviously my single greatest emotional investment as a fan, and I’d love to agree with some publications that pick the Cubbies to go to the World Series, but I’m afraid that too many people are overvaluing their stock at this point.
— Chicago Cubs (@Cubs) February 5, 2015
I’m taking a cautiously optimistic approach. To be honest, my portfolio lives and dies with my gigantic investment in the Cubs, but I’m not going to max out my contribution at this point. I want to see how the kids play, how the rotation comes together before I start recommending the Cubbies to everyone and anyone.
Bulls: Bear market. What is going on with the Bulls? A team that has lived in the top 3 in defense during the Tom Thibodeau years is now around 19th. What? I was so fired up early in the season when the offense appeared to be worthy of their defensive prowess. I bought in big time that the Bulls could cruise to the Finals out of the East.
Now I’m not so sure. The sample size of defensive struggle is now significant. Derrick Rose looks like the D-Rose in stretches and then settles for 3 after missed 3.
— Chicago Bulls (@chicagobulls) February 5, 2015
This season has really become disappointing. So I’ve been quietly redistributing my emotional assets, hedging a little on the Bulls’ success this season.
Blackhawks: Bull market. Where has a chunk of my Bulls investment gone? To Kane-Toews and Co. Now, they aren’t exactly the Apple of fan investments right now. A 6-8 stretch doesn’t scream “all in,” but I feel like confident in upping my investment while they’re stock is down because I think they have a better chance of paying dividends later than the Bulls do.
The Blackhawks this season look like a veteran team doing just enough in the regular season to secure a good playoff position. Then they’ll turn it up a gear in the playoffs — a San Antonio Spurs model.
Maybe I’m being overly optimistic, but if my fan portfolio is going to flourish I’ve got to look for deals. I think the stumbling Blackhawks are a good buy right now.
Bears: Not just a Bear market, but a 10-foot ferocious grizzly Bear market. The Bears’ stock has fallen so far that a change of management was necessary.
Heading into last season the parts appeared to be there — especially on offense — that most Bears fans upped their investment significantly. The Bears might have some issues on defense, but they could outscore anyone. They would be entertaining and successful. It felt like investing in the new Star Wars movie.
— Chicago Bears (@ChicagoBears) January 19, 2015
And we all took a bath. Last season’s Bears were the 1929 stock market crash for fan portfolios. The collapse came out of nowhere and hit very, very hard.
Like all my teams, I’ll always hold a significant stake in the Bears, but I’m not buying right now — not until I see if John Fox is the man to turn around the once blue-chip investment.
In summary, my portfolio is looking pretty good. The Cubs could blow up into something really big, and the Blackhawks can pay off big every year. The Bulls are down, but that doesn’t mean they’re out. And the Bears are at least taking significant steps to right the ship.
It’s a good time to be emotionally invested in the Chicago sports scene.
You can reach me at Patrick@CubsFanTherapy.com.