{"id":76942,"date":"2025-06-02T09:58:42","date_gmt":"2025-06-02T01:58:42","guid":{"rendered":"https:\/\/runnerstribe.com\/?p=76942"},"modified":"2025-06-02T09:58:42","modified_gmt":"2025-06-02T01:58:42","slug":"playing-the-market-a-column-by-len-johnson","status":"publish","type":"post","link":"https:\/\/runnerstribe.com\/len-johnson-articles\/playing-the-market-a-column-by-len-johnson\/","title":{"rendered":"Playing the market | A column by Len Johnson"},"content":{"rendered":"

One of the members of a chat group your writer frequents re-posts a helpful table each week detailing the latest performances of Australian athletes.<\/span><\/p>\n

Along with the individual performances, the table lists how the result impacts the athlete\u2019s position on the World Athletics rankings. As you may remember, the world rankings now play a major role in determining which athletes can go to the major championships. An individual\u2019s ranking is one of the two ways in which athletes can qualify. The first is by achieving a tough qualifying standard; the rankings then top up the number of entrants in line with the capped entry number for each event.<\/span><\/p>\n

The aim of the qualifying system is to select half the field through the automatic qualifying standard and half through the next best rankers. The system was first mooted for the Doha 2019 world championships, but the unease generated by its abrupt (and belated) announcement saw it postponed until the Tokyo Olympics. It has been in use since. For better or worse, one could add, but that\u2019s another matter.<\/span><\/p>\n

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DOHA, QATAR – OCTOBER 03: Stewart Mcsweyn of Australia and others compete in the Men’s 1500 Metres heats during day seven of 17th IAAF World Athletics Championships Doha 2019 at Khalifa International Stadium on October 03, 2019 in Doha, Qatar. (Photo by Michael Steele\/Getty Images)<\/figcaption><\/figure>\n

The rankings system was designed to further several outcomes. It would generate narratives of its own, follow the progress of athletes as they strive to qualify for the major championship of the year. Not sure what was expected there, but in terms of mainstream media I\u2019ve not seen, heard or read many stories specifically on the rankings. To be fair, there\u2019s not that many such stories in tennis and golf, two other sports with long established rankings which determine entry into events.<\/span><\/p>\n

It was likewise designed to encourage athletes to compete more. That works to an extent, but once an athlete has achieved the Big Q, the automatic qualifying standard, they don\u2019t have to worry as much about where and when they compete. And the sort of athletes you want competing more frequently \u2013 your Duplantises, McLaughlin-Levrones and other meeting headliners \u2013 usually don\u2019t have to worry too much about their ranking as the automatic standard is easily withing their grasp.<\/span><\/p>\n

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DOHA, QATAR – OCTOBER 04: Sydney McLaughlin of the United States crosses the finish line to win silver in the Women’s 400 metres hurdles final during day eight of 17th IAAF World Athletics Championships Doha 2019 at Khalifa International Stadium on October 04, 2019 in Doha, Qatar. (Photo by Matthias Hangst\/Getty Images)<\/figcaption><\/figure>\n

To make the system more equitable \u2013 athletics is a world sport, after all \u2013 there has been a proliferation of permit events. That\u2019s broadly a good thing, but the system has a hierarchy of events which might give more equity but doesn\u2019t make more sense. All area championships carry the same bonus points, all national championships likewise, when they palpably should not.<\/span><\/p>\n

In terms of the automatic qualifying standards, some events offer greater opportunities than others. It\u2019s relatively common for up to 10 (or more) athletes in a Diamond League middle-distance event to better the automatic standard but is someone running fast in tenth place more worthy of being in a world championship field than someone winning their national title.<\/span><\/p>\n

What the system has encouraged, it appears, is more competitions where the aim is to get a performance than competitions where everyone\u2019s aim is to win.<\/span><\/p>\n

Anyway, let\u2019s leave the qualifying system and the world rankings to another day. I\u2019ve got misgivings about both but they fly out the window as soon as the weekly update mentioned way up above lands in the inbox. I don\u2019t know about you, but I\u2019ve rarely met a list into which I could resist the urge to dive. Ten best\/worst films, 10 greatest albums, best places to travel, best trains to catch \u2013 you name it, I\u2019m there.<\/span><\/p>\n

And the performance update of which we speak is much more than just a simple list of performances. It also tabulates how these performances have impact on qualifying. Is it a Big Q? Does it produce a net improvement of the athlete\u2019s position vis-\u00e0-vis getting to Tokyo25 (it\u2019s possible for an individual improvement to actually leave the athlete worse off if they are swamped by a host of other superior performances around the world in the same period). Where does the level of the last athlete currently inside the field cut-off stand.\u00a0<\/span><\/p>\n

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TOKYO, JAPAN – AUGUST 05: Ellie Beer of Team Australia competes in the Women’s 4 x 400m Relay heats on day thirteen of the Tokyo 2020 Olympic Games at Olympic Stadium on August 05, 2021 in Tokyo, Japan. (Photo by Patrick Smith\/Getty Images)<\/figcaption><\/figure>\n

Who\u2019s on the rise? Who\u2019s on the wane? On and on it goes until the final date for entries.<\/span><\/p>\n

And we study the chart in detail. We\u2019ve all become \u2013 I don\u2019t know, what\u2019s the word for obsessives who study tables and lists? Chartists? Tabulists?<\/span><\/p>\n

The rankings update has become the new stock market listings. Or the racing form guide, complete with betting details. You can\u2019t call it a road map; it records the journey without showing the destination.<\/span><\/p>\n

Whether or not the rankings system is hooking any new fans into athletics is a moot point (probably not, is my best guess). But it\u2019s irresistible bait for the committed fans.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

One of the members of a chat group your writer frequents re-posts a helpful table each week detailing the latest performances of Australian athletes. Along with the individual performances, the table lists how the result impacts the athlete\u2019s position on the World Athletics rankings. As you may remember, the world rankings now play a major […]<\/p>\n","protected":false},"author":1,"featured_media":53723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,16],"tags":[],"class_list":["post-76942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-len-johnson-articles","category-features"],"yoast_head":"\nPlaying the market | A column by Len Johnson - Runner's Tribe<\/title>\n<meta name=\"description\" content=\"One of the members of a chat group your writer frequents re-posts a helpful table each week detailing the latest performances of Australian athletes.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/runnerstribe.com\/len-johnson-articles\/playing-the-market-a-column-by-len-johnson\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Playing the market | A column by Len Johnson\" \/>\n<meta property=\"og:description\" content=\"Worldwide running and athletics media.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/runnerstribe.com\/len-johnson-articles\/playing-the-market-a-column-by-len-johnson\/\" \/>\n<meta property=\"og:site_name\" content=\"Runner's Tribe\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/runnerstribe\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-02T01:58:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/runnerstribe.com\/wp-content\/uploads\/2022\/07\/Sydney-McLaughlin.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Runnerstribe Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@runnerstribe\" \/>\n<meta name=\"twitter:site\" content=\"@runnerstribe\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Runnerstribe Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/runnerstribe.com\/len-johnson-articles\/playing-the-market-a-column-by-len-johnson\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/runnerstribe.com\/len-johnson-articles\/playing-the-market-a-column-by-len-johnson\/\"},\"author\":{\"name\":\"Runnerstribe Admin\",\"@id\":\"https:\/\/runnerstribe.com\/#\/schema\/person\/4897f5a27f67e48e46d5adb8168ee8b5\"},\"headline\":\"Playing the market | A column by Len Johnson\",\"datePublished\":\"2025-06-02T01:58:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/runnerstribe.com\/len-johnson-articles\/playing-the-market-a-column-by-len-johnson\/\"},\"wordCount\":943,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/runnerstribe.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/runnerstribe.com\/len-johnson-articles\/playing-the-market-a-column-by-len-johnson\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/runnerstribe.com\/wp-content\/uploads\/2022\/07\/Sydney-McLaughlin.jpg\",\"articleSection\":[\"A Column By Len Johnson\",\"Features\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/runnerstribe.com\/len-johnson-articles\/playing-the-market-a-column-by-len-johnson\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/runnerstribe.com\/len-johnson-articles\/playing-the-market-a-column-by-len-johnson\/\",\"url\":\"https:\/\/runnerstribe.com\/len-johnson-articles\/playing-the-market-a-column-by-len-johnson\/\",\"name\":\"Playing the market | A column by Len Johnson - 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