Ten things investors can learn from the All Blacks
By , 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.
Stick to your knitting: If you have a certain approach to playing rugby or investing – a particular style – then it is imperative to stick with that. You need to be able to modify your approach when conditions vary, but do not expect a leopard to change its spots.
Stay disciplined: When you are behind your target it is tempting to start trying to push your luck. Discipline keeps the player from committing infringements that can tip the balance of the game further against you. Stick to your process and remain focused on your outcome.
Encourage the right behaviour: Sonny Bill Williams’ gifting of his winner’s medal to a young supporter tells us not only about his own generosity, but of a changing room culture where the importance of fans is emphasised. Investors must always remember that they are investing other people’s money. Our clients place a huge amount of trust in us and a corporate culture that encourages an appreciation of the bigger picture is important to ensure that we always do right by our investors.
Tags: Investment Strategy | Momentum
