(This article is inspired from the works of Charles D Ellis & Victor Niederhoffer)

The moot point he wanted to drive was that professional tennis is about hitting winners and amateur tennis is about avoiding losers. Equating it to investing, while the full-time investment professionals hunt and plan for that winning investment idea, the average investor should strive to avoid mistakes which cause losses.

Secondly, a lesser known investing legend (more famous for his gut-wrenching losses!), Victor Niederhoffer had also written about the different lessons learnt on the tennis court and how they should be applied to investing.

Thus, given below are few ideas and corollaries to not only improve your game of tennis but also investing results!

Before the Game:

In Investing:

Playing the loser's game by: 1. Investing without a goal in mind

In Investing:

Playing the loser's game by:

Towards the Endgame:

In Investing:

Playing the loser's game by:

The encouraging truth is that while most investors are doomed to lose if they play the losers game of trying to beat the market; every investor can be a long-term winner. All we need to do to be long-term winners is to reorient ourselves to concentrate on realistic long-term goal setting and staying the course with sensible investment policies that will achieve our own particular objectives by applying the self-discipline, patience, and fortitude required for persistent implementation.

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully

Disclaimer: Content Produced by IDFC AMC

The rest is here:
Winning Investments are made by having a Game Plan - Times of India