Reblogged from Topical Teaching:
The Olympic Games is not about winning but about competing. In every competition there are winners and losers. Our athletes have the potential to show our children how to win with dignity and humility and how to deal with the disappointment of losing. I think its fair to say swimmer James Magnussen could have reacted with more class after his performance in the relay team proved underwhelming.
Losing is a big issue at my house. Michael shares exactly what I try to do with my children, and honestly, we as parents need to practice losing as well sometimes. While it's never easy to lose, everyone can't win all the time. This post includes excellent advice for every parent and teacher.

Learning to lose not only encompasses a sense of selflessness, but also serves as a tool to develop appreciation. Appreciation of the abilities that conduces to winning in oneself and others. Humility is also learned in this way and can be a positive thing in the long-term.
With that being said losing sucks.
Agreed! I appreciate your insight. Well said!