Roger won 54% of the points, but 80% of the matches he played. CLICK HERE to hear it from the great man himself.
Those stats don't seem to add up, do they? How could one of the greatest players of all time have won so few points?
I spent a bit of time thinking about it and came up with the following:
1. He survived the 46% of points he lost - they didn't cost him much.
2. I bet his unforced errors (gifting your opponent the point) were really low - he played the percentages well.
Add all that together and he won more matches and titles than almost anyone.
And this relates nicely to investing where the long-term matters so much more than the short-term:
1. Avoid investing in a way that can wipe you out. Staying alive is very, very important. There can be no long-term if you can’t survive the short-term.
2. Don't make unforced errors – most notably panicking at the first sign of “trouble” or piling into the latest “hot thing”.
The most successful investors are well attuned to these very simple concepts.