Some people feel it’s a waste to compete in a tournament and not come out on top. This is understandable; tournament fees can be pretty hefty, after all. However, as the guy in the video points out, there is a whole other way of looking at it.
There are always the valuable lessons that come with learning from your mistakes. These lessons can be applied the next time you compete, which helps you rack up those gold medals in future tournaments.
While it can be frustrating, it is never a waste of money or time to compete in a tournament. A loss is just a learning experience that helps you up your game.