Taking Insurance

I've mentioned previously on this blog that I sometimes take outright positions to cover outcomes I don't necessarily want to happen.  The way I look at it is that I'm paying for the service of not having to endure a result that would be uncomfortable to bear.
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So to all my English friends, I'm sorry to tell you I've backed England to win the Rugby World Cup!  Even though I don't think it'll happen, with the 'Northern Hemisphere' side of the draw looking like an open contest I can't take any chances...once was enough, but twice?!?
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To be on the safe side, I've also lumped on Samoa at a big price just in case they miraculously beat Wales out of the pool ;-)
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