“The game of investing is a lot like football. You have to tackle your problems, block your fears and score your points when you get the opportunity.” Along the lines of this quote, this article aims at drawing parallels in terms of strategies, from the fields of investment and the ‘beautiful game’, football. Tactical [...]
Investors who check the value of their portfolio/holding with great frequency are more likely to be subject to myopic loss aversion. Frequent checks of holdings make people more sensitive to losses than to gain. If we check our portfolio very often we see many days when we have loss these automatically reduces our risk [...]
Beginner’s luck plays an important role in our day-to-day life. For example in cricket, we have seen many new cricketers giving top-class performance on their debut game only to fade into oblivion thereafter. Such experiences are also a part of the gambling world. Those who strike luck earlier play more and more till they [...]
