Sunday, September 4, 2011

Moments of Truth


Watching how the runners started and recorded their best fastest time at the IAAF World Championships in Daegu reminds me its similarities with actions in the business world.
Months before the event all the athletes must have prepared themselves so hard through tireless disciplined practices but it will be the performances they delivered in an event that really be the measurement of their successes. It is not just how well the start but how the finish is somehow more or at least equally important.
On Thursday last week Bank of America, the largest bank by assets in the US, said that Warren Buffett would invest US$ 5 billion in the bank. The legendary investor during the 2008 financial crisis invested US$ 5 billion in Goldman Sachs Group Inc and it earned him the equivalent of more than US$15 in dividends each second, or US$ 500 million per year.
Warren Buffett is a shrewd investor and almost always gets very favourable terms in any investment decision he made because of his ability to swoop in at the last minute. Like wise, almost all those runners who finished in the first places, the last few seconds of the races were actually the most defining moments. We can see how the winners made their last few  split second efforts and won the races. 

Make sure that we exert out all our best in every race and make that extra effort required nearer the finish line and we will eventually reap success.

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