This post was originally shared in my DT Email Newsletter here.
I wrote about this a few years ago. And I would like to share it with you again.
At the 2000 Sydney Olympics, Britain’s Men’s Eight Rowing team, for the first time achieved something no British team had done since 1912:
They won gold.
It wasn’t easy for them… How did they do it?
British rowers surprising win during the 2000 Sydney Olympics
You see, after a depressing 3rd place finish in Cologne in 1998, the British team asked themselves how they could improve?
During each training, whenever they had to make a decision, they asked one question:
“Will it make the boat go faster?”
This is one of the most powerful questions you can ask. Even in investing.
I learnt a painful lesson once like this
Years ago, I bought shares in Brighthouse Financial, which was spun-off from Metlife. Metlife was one of the world’s largest US life insurers....