As a coach you spend much of your time looking at traits in others and appreciating the broader implications. Every now and then it’s sobering to catch a glimpse of yourself in the mirror and recognise that, just perhaps, the same may apply to you.
For over 20 years I’ve been a member of an investment club. We’ve never really made the big time but then again neither have we crashed and burned so, as a result we continue to meet on a monthly basis. As a people watcher I recognise traits in others. The business owners are rather too comfortable sharing their views while, at the other end of the spectrum, are those who know much but seldom speak.
The club is deliberately positioned at the risky end of members investment portfolio and I thought I was pretty cavalier in the suggestions I make and propositions I back – until the last meeting. As we reviewed the portfolio I found myself voting to avoid risk and stock pile cash – I shocked myself. The logical side of my brain knew the club was all about taking risks you may not do normally yet here I was voting (often as a solitary voice) for safety in cash.
Whatever the reason, it’s important, every now and again, to take a few steps back and just check that what you do is consistent with what you say you want to happen.