No Result
View All Result
  • Login
Monday, September 15, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Investing

For Investment Leaders: Why You Should Learn to Love Losing

by FeeOnlyNews.com
7 months ago
in Investing
Reading Time: 4 mins read
A A
0
For Investment Leaders: Why You Should Learn to Love Losing
Share on FacebookShare on TwitterShare on LInkedIn


The first time I met Dr. Daniel M. Zimet, he told me the story of his best-ever handball match. His story changed my life, and it can empower investment leaders to improve the trajectory of their organizations. It goes like this…

By the time the 1997 three-wall Nationals came around, Zimet had already lost eight times to his nemesis Kendall Lewis, a ranked professional handballer. “If you were to see us side-by-side, the results wouldn’t surprise you. Kendall was built like an NFL tight end. I’m scrawny and scrappy,” Zimet said.

This fateful match started at five on a Saturday afternoon. The first game went the same way as many others between the two players. Zimet ground out bread-and-butter points while Kendall made spectacular shots. But unexpectedly, Zimet eked out a 21-20 victory in game one after an hour of play. Lewis found his rhythm in the second game and prevailed 21-7, sending the match into a tiebreaker. 

As it started to get dark, the venue’s lights came on and the players passed the second hour of grueling play. The crowd swelled. The fans became so boisterous that the event director stopped matches in the adjacent courts. Those fans added to the ones already watching this incredible match. Beer was flying in the stands. Kendall served for the fourth time to win the match point. Trying something new, he hit an overhand serve. Zimet’s return was weak and short, a perfect opportunity for Lewis to hit a low-kill shot.

More than 20 years later, as we sat in his office, Zimet recalled what happened next like it was yesterday:

“I reached deep into my depleted well of strength and sprinted as fast as I could to the front of the court, where Kendall’s match-ending shot seemed to fall in slow motion. At full sprint and stretch, I caught up to the ball an inch from the ground and hit the perfect shot — a flat kill. I rolled over on the concrete to break my speed. On my knees, I squeezed both hands into fists and screamed at the top of my lungs. The crowd’s roar was so overpowering that I couldn’t hear my voice.”

His voice trembled as he retold this story. I could swear his eyes grew watery. But what happened next is a bit strange. He told me the rest of the story nonchalantly.

“He was down 9–10 and failed to score on his next serve. Then, Kendall served an ace.”

“Wait, you lost?” I asked. “How was that your ‘best moment’? What about all your wins?”

I couldn’t understand how a world-class athlete could be elated by defeat.

But Zimet then explained his rationale: “Measurable goals can impede self-motivation. Those who focus on mastery — rather than on the scoreboard — are the biggest winners in the long run. That time, I played to the absolute best of my abilities.”

This match changed Zimet. From then on, he knew he belonged amongst the best in the game.

“Every victory stands on that match’s shoulders,” he told me. “That match, that point, and that loss solidified my quality as a player, a competitor, and a person, making it the most important moment of my career as an athlete.”

Of course, he loves to win, but Zimet – a sports psychologist — defines success in terms only a sports psychologist could. He focused on mastery over ego, the importance of relationships and community (“The crowd’s roar was so overpowering that I couldn’t hear my voice”), the meaning of sport as a meritocracy, and the importance of engagement and flow. To him, all these concepts came together that day on the court.

His theory became an epiphany for me. I asked myself: What if leaders could develop a similar mindset and apply it to their organizations?

Zimet’s story was the spark that started the project that became my forthcoming book, The Psychology of Leadership, available for pre-orders. It put me on a path of discovery. I spent four years investigating new ways to apply psychology to leadership. I plowed through hundreds of books and articles in scientific psychology. What I learned has been life-changing and worth sharing with the world. 

I will be discussing these concepts at CFA Institute Live 2025 in Chicago in May. In next week’s post, I will discuss the hidden trap sabotaging your decisions.

Subscribe Button



Source link

Tags: InvestmentleadersLearnLosinglove
ShareTweetShare
Previous Post

How Trump’s tariff turbulence will cause economic pain

Next Post

How Food and Drink Brands Can Soften the Impact of Trump’s Tariffs

Related Posts

From Starting Over at 30 to 17 Rentals (and Financial Freedom) 5 Years Later

From Starting Over at 30 to 17 Rentals (and Financial Freedom) 5 Years Later

by FeeOnlyNews.com
September 15, 2025
0

At 30, Sarah King was forced to liquidate all her assets after a messy divorce. She had to start over...

How to Diversify Your Rental Portfolio for Financial Freedom Faster

How to Diversify Your Rental Portfolio for Financial Freedom Faster

by FeeOnlyNews.com
September 12, 2025
0

You’ve built up (or are about to build) a rental portfolio, but something is telling you it’s time to pivot....

The T “Wealth Transfer” Coming for the Housing Market

The $84T “Wealth Transfer” Coming for the Housing Market

by FeeOnlyNews.com
September 11, 2025
0

Will the housing market surge for the next 25 years, or is the silver tsunami overblown? In this episode, the...

Book Review: Rethinking Investing: A Very Short Guide to Very Long-Term Investing

Book Review: Rethinking Investing: A Very Short Guide to Very Long-Term Investing

by FeeOnlyNews.com
September 11, 2025
0

Rethinking Investing: A Very Short Guide to Very Long-Term Investing. 2025. Charles D. Ellis. John Wiley & Sons, Inc. www.wiley.com...

Abraham Lincoln’s Playbook: A Model for Passive Investment Strategy

Abraham Lincoln’s Playbook: A Model for Passive Investment Strategy

by FeeOnlyNews.com
September 10, 2025
0

Abraham Lincoln, a lawyer and the sixteenth president of the United States, is an oft-idealized and highly quoted leader with...

10 Cheapest Dividend Aristocrats Now

10 Cheapest Dividend Aristocrats Now

by FeeOnlyNews.com
September 10, 2025
0

Published on September 10th, 2025 by Bob Ciura Income investors are likely familiar with the Dividend Aristocrats, which are some...

Next Post
How Food and Drink Brands Can Soften the Impact of Trump’s Tariffs

How Food and Drink Brands Can Soften the Impact of Trump’s Tariffs

Xi Jinping shows how he will return American fire

Xi Jinping shows how he will return American fire

  • Trending
  • Comments
  • Latest
1 Stock to Buy, 1 Stock to Sell This Week: Walmart, Target

1 Stock to Buy, 1 Stock to Sell This Week: Walmart, Target

August 17, 2025
Of Property Rights, Civil Society, and Shampoo

Of Property Rights, Civil Society, and Shampoo

September 1, 2025
Engine Capital takes a stake in Avantor. Activist sees several ways to create value

Engine Capital takes a stake in Avantor. Activist sees several ways to create value

August 16, 2025
James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory

James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory

September 2, 2025
Vanguard reaches .5M SEC settlement

Vanguard reaches $19.5M SEC settlement

August 29, 2025
Meet a 23-year-old electrician who was a ‘good student’ but skipped college to become his own boss. He makes 6 figures

Meet a 23-year-old electrician who was a ‘good student’ but skipped college to become his own boss. He makes 6 figures

September 14, 2025
 Klarna and Google CEOs are vibe coding—a skill that could help you land your next job

 Klarna and Google CEOs are vibe coding—a skill that could help you land your next job

0
From Starting Over at 30 to 17 Rentals (and Financial Freedom) 5 Years Later

From Starting Over at 30 to 17 Rentals (and Financial Freedom) 5 Years Later

0
Mortgage Rates Today, Monday, September 15: Heading Lower

Mortgage Rates Today, Monday, September 15: Heading Lower

0
The Weekly Notable Startup Funding Report: 9/15/25 – AlleyWatch

The Weekly Notable Startup Funding Report: 9/15/25 – AlleyWatch

0
NRF Europe Innovators Showcase: Retail Tech To Watch

NRF Europe Innovators Showcase: Retail Tech To Watch

0
Associate Advisors, 9 Ways To Stand Out In Your First 90 Days

Associate Advisors, 9 Ways To Stand Out In Your First 90 Days

0
 Klarna and Google CEOs are vibe coding—a skill that could help you land your next job

 Klarna and Google CEOs are vibe coding—a skill that could help you land your next job

September 15, 2025
NRF Europe Innovators Showcase: Retail Tech To Watch

NRF Europe Innovators Showcase: Retail Tech To Watch

September 15, 2025
Minimum Tenure Personal Loans for Quick Fixes

Minimum Tenure Personal Loans for Quick Fixes

September 15, 2025
Crypto Firms Invited To Serve 40 Million Users

Crypto Firms Invited To Serve 40 Million Users

September 15, 2025
Google’s market cap tops  trillion for the first time

Google’s market cap tops $3 trillion for the first time

September 15, 2025
Netanyahu: We must be self-sufficient in weapons

Netanyahu: We must be self-sufficient in weapons

September 15, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  •  Klarna and Google CEOs are vibe coding—a skill that could help you land your next job
  • NRF Europe Innovators Showcase: Retail Tech To Watch
  • Minimum Tenure Personal Loans for Quick Fixes
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.