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.
Don’t relax once you’re ahead: A momentary slip of concentration can lead to a game changing mistake. It is important to remain focused on what might be thrown at you even when you look on course to achieving your target.
Take the right risks: Risk-adjusted return is a constant (but often unconscious) consideration in sport from the playground to the World Cup final. Whether it is a pass out of a tackle or a difficult drop goal, games can turn on sloppy execution or a poor choice. Investing is very much the same. We must only take appropriate risks for clients, when the potential returns are worth it.
Experience counts: The All Blacks’ wealth of collective knowledge helped steady the ship when things weren’t going their way. It is important for investment firms to have a balanced and experienced investment team to ensure that difficult markets are approached with a steady hand.
Tags: Investment Strategy | Momentum
