Published July 12, 2023, 8:20 p.m. by Naomi Charles
We share lessons that can take from sport and apply when you manage your personal finances. Our very first episode is live from Lords, the traditional home of cricket.
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hi I'm syndication quantify a drop a
mission is to create financial freedom
while we do this by partnering with a
celeb require help them successfully
navigate the complexities the managing
one today come to you milords credit
round here in London
whether it be critters tennis soccer
sailing or even the Olympics there are
lessons that we can take some sports and
apply them in science today we're going
to share some of those lessons
rugby union traces its origins back to
1823 when a young English student at the
Rugby School William Webb Ellis
supposedly picked up the ball and ran
with it now key lesson from rugby is
regulate objects whether it be a World
Cup campaign or a long tour once this
team is selected is unlikely they will
retain the same players through an
entire tournament plus of form injuries
and even player misbehavior can wreak
havoc on team continuity in performance
now likewise when it comes to the health
of your investments you need to review
them regularly now don't trap and change
them so often but ensure weak
investments aren't left unchecked for
any extended period which can undermine
your portfolio performance in rugby a
good coach is key in 2003 Clive Woodward
toured England with southern hemisphere
teams weren't invincible and with the
right preparation that could be beat his
leadership brought out the best in his
players who respected his knowledge and
technical and people skills
now I'm not his biggest fan as a wallaby
supporter but even I will admit he was a
great coach the coaches and teams to
succeed they must gel and complement
each other talent may win games with
coaches and team chemistry winds towards
take a similar proton investing hire an
experienced and skilled adviser whom you
trust and who complements your style and
approach doing that no pain no gain
successful Olympians aren't just
magically discovered out of thin air
every four years five every success a
years and years of dedicated hard work
and a burning desire to succeed likewise
investing success doesn't happen
overnight don't hope to hit it rich by
finding a hidden single investment
leading you to untold wealth recognize
that only hard work and dedicated
planning will accomplish great things
for your family's wealth the earlier you
start the better in Montreal in 1976 14
year old Nadia Comaneci scored
gymnastics first perfect ten by the time
she retired in 1981 1919 she'd won five
Olympic gold medals if your aim is to
retire in your 40s or 50s anyone tell
you that you can't however to make it
happen start planning today which brings
us back to Cricket where you need to go
back to basics in cricket the basics of
batting bowling and fielding well you
can't do these well and you're never
going to win a match let alone a series
likewise when it comes to investing the
basics include time risk and
diversification make sure you focus on
them with a similar single-mindedness
these are the things that will lead you
to investing success
get your team selection right whether
it's for the Big Bash League or the
ashes you need the best eleven
combination of players on the field that
will best complement each other in many
ways investing is no different in first
need to determine your defensive and
growth mix then you need to investigate
the best alternatives through research
and analysis the many investing options
available it's always been a childhood
dream of mine to watch cricket at
Lourdes this is my second visit here and
one of the batsmen batting behind me is
the great sri lankan Kumar Sangakkara
he's got two centuries in this match
between Surrey and Middlesex so is a
pretty special time to be
it's been my absolute pleasure to share
with you the very first of our investing
insights vodcasts in this series we aim
to take you to some pretty interesting
places to share some of the fascinating
things about finance next time we'll
talk about finance and Shakespeare live
from Shakespeare's own Globe Theatre
thanks for watching a discussion today
on sport and finance live from the
Lord's Cricket Ground here in London as
always thanks mark financial decision
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