Ten things investors can learn from the All Blacks
3 Nov 15
James Klempster, portfolio manager, Momentum Global Investment Managers takes a look at the 10 things investors can learn from the New Zealand’s Rugby World Cup winners.
Stay the course
The score at 80 minutes is what counts – being behind your opponent is the equivalent of a mark-to-market loss: it is a problem if you have insufficient time to make it back. Being a point behind with a minute left on the clock is arguably worse than being tens of points adrift at half time. A well-structured investment that has suffered mark-to-market losses can still deliver on your outcome as long as you have sufficient time for it to come to fruition.
Tags: Investment Strategy | Momentum
