Patience
Rahul Dravid rarely chased balls that were outside his hitting zone. He happily left deliveries that could have troubled him.
Investors should not chase stocks that do not meet their buying criteria. Until and unless such stocks meet your buying criteria, it is best to leave them alone.
Process Oriented
Dravid was a man of process. He knew his strengths and weaknesses and stuck to his style of play throughout his cricket career.
Investors should follow a process and stick to that both during good and bad times.
Keep Improving
After 15 years of international cricket, Rahul Dravid hit three centuries in the 2011 Test Series vs. England. On the same tour, he made his T20 international debut at the age of 38. And guess what? The young lad smashed three consecutive sixes in that innings. The man never stopped working on himself.
Investors should not get disheartened if things don’t go in their favour. Instead they should analyse their past investments regularly and identify things that worked for them and the ones that did not. The focus should be on continuous improvement.
The above are few important lessons that stock market investors can learn from one of India’s greatest cricketers. We wish Rahul Dravid a very happy birthday.