What Sport Can Teach Investors
2013 was a watershed year for All Black rugby as the mighty ABs went 16 & 0 to become the first international football team in the professional era to go thru a calendar year not only undefeated but also winning 100%. This is rare beyond belief as one would expect even the best teams to trip up occasionally for any number of reasons including meeting a team playing out of its skin, injuries, having an off day, or just plain bad luck. The Chiefs – who won the Super XV tournament and who were almost universally acknowledged as the best team in the competition – dropped 3 games en route to the title. This is also what we see in the investing world: you can be invested in what may well be the best option for you but over time will find that this option fails to perform over short … Continue reading What Sport Can Teach Investors
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