![]() ![]() Similarly, our most volatile investments warrant a high level of due diligence. Lasso seems to spend the most time and energy on his most volatile players and personalities. Similar to how Lasso engages his team and takes the time to understand them, we need to take the time to understand the investments in our portfolio and how they work together. He sums this up when explaining a simple quote he takes with him wherever he goes: “Be curious, not judgmental.” This helps him understand how he can bring out the best in everyone. Lasso takes the time to listen to people around him, putting himself in their shoes so he can fully understand them. Stick with your process, and don’t let others change your long-term strategy. Rather than panic and give in to the negativity of the crowd, be like Ted Lasso. While this may seem like a pressure relief at the time, it usually costs investors in the long run, as the decision to buy back into the market is more difficult, and investors often miss out on the most critical points in the rebound. When the market takes a downward turn, the popular sentiment is often panic selling. Think about market downturns and crowd behavior. This mental strength and perseverance can also be applied to investing. However, he had the mental strength to persevere and keep a positive attitude. These are situations where it would’ve been easy to give in to the mounting negative pressure and give up. ![]() There are several moments where he is under attack from the media, his boss, and even his players. Throughout the first season’s story, Lasso refuses to stray from who he is. However, this show also provides valuable lessons that can be applied to personal finances and investing. Some might view it as nothing more than a fun, silly, fish-out-of-water tale. This show provides constant chuckles and feel-good moments as Lasso navigates the culture shock and the seemingly impossible task of coaching a new sport. Seeking revenge on her ex-husband, who loved the team, she resolved to hire the most incompetent coach she could find to run the team into the ground. The new owner is a woman who inherited the team after a recent divorce. Surprisingly, he is recruited to be the head coach of a struggling English Premier League soccer team despite having no experience coaching the sport. Ted Lasso, played by Jason Sudeikis, is a successful Division 2 collegiate football coach from Kansas City. If you haven’t watched the show, I’ll provide a brief backstory for context (not to worry- no spoilers). So with the recent release of Season 2, it seemed timely to look back on the first season and some financial and investing lessons learned. If you’ve seen the Apple TV show “Ted Lasso,” you may be like me and find it impossible to avoid being drawn into his incredibly funny and uplifting character. ![]()
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