The Washington Redskins: Stupid Is as Stupid Doeshttp://www.fool.com/investing/general/2010/11/16/the-washington-redskins-stupid-is-as-stupid-does.aspx Nick Kapur
November 16, 2010
In March, I wrote an article about how the Philadelphia Eagles were taking an intelligent risk on a cheap asset named Michael Vick. I explained how this was masterful value investing at work. I explained how this was part of a long history of methodical, intelligent decision-making by the Philadelphia Eagles organization. And finally, I reminded readers that the key to successful investing was identifying that optimal nexus between price and value.
Last night's torching of my lifelong team, the Washington Redskins, at the hands of Vick and the Philadelphia Eagles reminded me just how good one team is at doing this and just how terrible we are at it here in D.C.
A tale of two cities
Then we have the Redskins.
A lot has changed here in D.C. after a dreadful 4-12 season that seemed to never end in 2009. There are new coaches, new front office, new faces, etc. There's new spirit in the air, too. But one very important thing has not changed: the ownership.
The puppet master
The latest insult
The problem, of course, is that while both quarterbacks are closing in on the twilight of their careers and are armed with proud track records, one is playing at an extremely high level as part of a winning organization with the fundamental elements necessary to win championships and the other is fuddling along as part of some horrid, patchwork mutant of an organization without any clear direction to it.
Just who's in charge here?