Sébastien Page, a top leader at T. Rowe Price, says investors can learn from athletes. He runs a team managing over $500 billion and wrote The Psychology of Leadership. Page says investors often mix luck and skill, like athletes mistakemc which plays they won and lost.
During market swings, tough calls feel personal. Page advises separating outcomes from your process – a lesson from sports. “Good decisions sometimes fail, bad ones succeed,” he says.
Core beliefs matter most. Page compares investors to having “minds like filters.” For example, “stocks for the long run” or “trends are your friend” become guiding principles. Clarity stops impulsive moves.
Resilience wins the game. Investors panic when markets drop, but Page says keep calm. “Road to hell is paved with positive carry” – he quotes warnings about chasing quick wins. Staying steady pays off.
Hardworking Americans face fast-changing markets. Page’s advice: refuse emotional trades. Stick to plans, even when news feels scary. “Focus on what you control,” he urges.
True strength comes from trust in your system. Markets may pivot – rate hikes, new tariffs – play offense. Page’s team proves discipline and intuition can weather storms.
Page reminds us big goals matter. “Set conditions you control,” he says. While headlines scream “crisis,” wise investors overlook noise. Stay informed, act boldly.
The Psychology of Leadership hits stores this year. Page’s message: Trust your strategy. Value hard work. Reject fear. These conservative truths turn uncertainty into opportunity.
