Sports and Finance: The Underlying Parallels

Sports and finance have always fascinated me over the years. I have played amazing sports such as skydiving, skiing, and also poker. With sports, finance is my forte. Having the passion for sports, I eventually felt the underlying parallels between sports and finance. 

What makes me say that? You might ask, Mitesh Shere, what is the parallel in these two different worlds?

Watch these worlds closely, and you will find a deeper value of life in these two different worlds. Sports is physical, and finance is mental. Yet, there is a great sense of connection to these two aspects of life. 

 First, Timing: 

Timing is everything in finance and in sports. If you cannot time your move well, losing is sure. Poker, a game of luck, is what people say, and yet it is a game with strategy. If you understand timing well, you can almost win most of the games and cut losses. It is the same with finance, and more so here. If you can understand when to time your investments, you can be consistently profitable. It’s all about timing. People lose money due to timing moves in the wrong time. If you can identify a right vehicle for investment, you then must learn to time your investments. 

Achievement and personal fulfillment:

Winning sports and winning in investment, both are personally uplifting. If you are a good player, you will know the importance of winning the game. It brings immense joy to watch your money grow. It is also true about playing a sport. Finding yourself in a winning position elevates the spirit. Winning is a high in itself and more you win, you gain great confidence in life. 

Finance and sports: Both are strategy based:

Strategy is everything. It is true with both a game and in investing. Look closely, both need a lot of planning and timing. If you can pick a right strategy, you are surely going to win. Planning and strategizing are two important aspects of winning any game, may it be a poker game or the game of investment. Catch me on Twitter - Mitesh Shere

Scuba Diving- A New Learning Experience

Learning sports is told be children’s endeavour. Well, to a large extent it might be true. However, that is not true with scuba diving. The sport in itself is different from other sports and has a different audience that is attracted to this wonderful sport. I know of people who have learnt scuba diving at very early age and also very late. It does not matter at what age you learn it, all that matters is your interest in the concept of water. 

I , Mitesh Shere -  a major lover of water and I love sports that are related to water. What I have learnt about this sport is summarized in the following part:

Love to explore the sea life:

It is a mystery altogether and it has been so ever since time emerged. There are people who constantly search for ways to find mysteries of the sea and that leads them to love this sport so much. The more you love the life under water, the more ready you are to explore the game. All it takes is to love the sea and its life with all your heart. 

Willingness to learn:

Learning is a process and it requires willingness. My experience is, the more open you are to learning the more you could garner from this sport. The wealth that the sea holds in itself and the mystery that is carried are all yours when you start appreciating the sea. When you show willingness to learn about the sea and the technical aspects of the sport, you get equipped to explore the hidden recesses of the sea. 

You must be healthy:

Being healthy is not of vital importance; however, I would suggest a sense of well-being is important. If you are healthy, you will be able to take the shocking moments that you might encounter under water. Surely, the sport is not for the weak in heart. You must have sound health to really enjoy your journey as a scuba diver and life is all new there. 

Finally, when you start diving regularly, there is a great sense of achievement and all you get is bliss.