Merry Christmas, everybody. We have a Christmas gift for you. Today, we have an episode with Peter Burling, the best sailor of all times.

Now, why is sailing interesting? Well, you know what? You can be ahead, win changes, and you are last, just as in financial markets.

We talk about communication, we talk about planning, debriefing, learning for mistakes, how to deal with

setbacks, etc. Super interesting. Tune in. Hi everyone. I'm Nicola Tangen, the CEO of the Norwegian

Southern wealth fund. And today, I'm really happy to welcome Peter Burling.

Peter Burling is a legend in sailing and won three America's Cup victories, including one, recently.

Loads of world championships like loads and loads and Olympic championships as well.

So you've been kind of dominating sailing lately.

So welcome, Peter.

Hey, thanks for having me.

So the plan is to tease out what we in the business world and in the finance world

can learn from the real professionals.

First of all, when you win, do you celebrate success?

Yeah, I think you definitely have to celebrate the success.

I mean, with every victory, there's so much hard work that goes behind that building up to the competition.

I think you've also got to celebrate the end of a milestone, even if it doesn't quite go as well

as you would have liked. But yeah, it was definitely, yeah, the last America's Cup was a really

enjoyable one to celebrate for sure. When you say celebrate, what do you mean? Like a cup of tea and

that's it? It really depends. Normally after a competition you're pretty tired.

So normally you're just trying to enjoy the moment with everyone that's got you there.

You know, for an America's Cup environment, there's 200 people in the team.

There's all the friends and family.

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