Principles for successful investing from the world of sport

Nothing quite unites South Africans like a good sporting event. During the months of July and August, South African sports fans were spoiled for choice as two of the national women's teams gained prominence on the global stage: the SPAR Proteas during the Netball World Cup in Cape Town and Banyana Banyana during the FIFA Women's World Cup in Australia and New Zealand.

Beyond the welcomed dose of optimism and “gees” injected into the news cycle, watching these teams presents an opportunity to reflect on some classic principles for success in various pursuits, including reaching your investment goals.

1. Managing emotional responses leads to better decision-making
Behavioural studies show that when the average person is faced with stressful situations, the mind switches from analytical reasoning to intuitive processing aimed at survival - a “fight-or-flight” response.

Read full article: https://www.allangray.co.za/latest-insights/personal-investing/principles-for-successful-investing-from-the-world-of-sport/

September 08 2023 By Tebogo Marite - Allan Gray