If you’re looking to improve your long-term portfolio performance, try thinking more like an NFL head coach.
Coaches design their football teams to win championships by focusing on consistent performance in any environment. Their teams are composed of 3 highly functioning units:
- Offense, tasked with putting points on the board for your team
- Defense, tasked with keeping the amount of points other teams score low
- Special teams, tasked with a myriad of other important functions, from kickoffs to punt returns
The key to this highly-functioning team is that when one unit is struggling, the others are there to pick up the slack. Not all players on your team work at the same time or in the same way.