Stock Markets Tips: Learnings that Investors need to take from Rahul Dravid

Stock Markets Tips: Marcellus Investment Managers highlights that former cricketer Rahul Dravid’s career has plenty of lessons for investors regarding the power of mental conditioning and psychological training techniques. Rahul Dravid’s performance statistics show that he is the greatest Test batsman India has ever had. And yet, if you ask sportswriters and other cricketers of Dravid’s era as to why he was successful, the consensus view was that “Dravid succeeds because he keeps it simple”. So, if it is so easy to succeed by keeping it simple, why don’t more cricketers do it? Why is ‘simple’ not easy?

At the core of outsized success in any walk of life – including batting and investing – lies the ability of a small number of individuals to train their minds to achieve outcomes which appear to be beyond the reach of 99.99% of the population. While what these individuals do might be simple, that does not mean it is easy. There are, broadly speaking, five sets of reasons why it is not easy to bat like Rahul Dravid.

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Rahul Dravid was not just a supremely skilful cricketer but also one whose mental conditioning has given him enormous reserves of mental strength. As in Test cricket, so in investing, the most successful investors are those who not only work on their technical skills but also think deeply about the underlying workings of great companies.

Such investors are then able to see the companies in a way that nobody else can; in specific these investors are able to gain insights into the functioning of these companies that no one else has. Furthermore, by introspecting and by reviewing their previous investment decisions, such investors are able to identify deficiencies in their investment toolset. Then, Dravid-like investors proceed to identify remedies to their deficiencies. The greatest investors, like the greatest Test cricketers, are a combination of strong technical skills combined with a growth mindset.