I wrote something similar in August last year - Learn how to "invest" from Fantasy Premier League ("FPL"). Go read it, a lot of the "tips" I said still hold true.
Anyway, the gist of Bloomberg article (in case you can't access it) is as follows:
There is a long tradition of game playing among finance professionals, and fantasy football is no exception. Bond manager Bill Gross spent his formative years at the blackjack table. Warren Buffett famously plays bridge several hours a week, and poker remains a popular pursuit in the finance community.
As in finance, these games are characterized by incomplete information: Players have to assess the probability of outcomes in the face of uncertainty. As a result, they can hone skills that are transferable into financial markets.
Effectively, the task is one of portfolio construction. Over the course of a season, an active manager will make about 500 individual decisions in an effort to optimize the portfolio.
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