Cricket has provided an interesting analysis. Here are three different occasions when 36 runs were scored.
- In the first World Cup in England in 1975, a famous batsman “Sunil Gavaskar” played one of the slowest ODI knocks, carrying his bat through the 60-over innings to score 36 runs in 174 balls with one four.
- During the 2007 T20 World Cup in Durban, South Africa, a famous All-rounder “Yuvaraj Singh” became the first batsman to hit six sixes (36 runs) in an over against England.
- In the December 2020 test against Australia in Adelaide, India were all-out for 36 runs. The hierarchy of the game’s formats has changed in the 46 years between the famous batsman’s 36 and India’s 36 all-out. The batsman’s 36 not out was a wake-up call for us to learn the art of staying at the wicket longer, the All-rounder 36 runs from an over was a wake-up call for us to learn the art of scoring faster, whereas team India’s 36 runs all out was a wake-up call to understand that sometimes the entire team can perform below par.
What can we learn about investing from this?
- Similar to a batsman’s innings, your investment may provide lower returns over time.
- Like the allrounder, your investment can sometimes provide the highest returns in the shortest amount of time.
- As with Team India, your assets may not always perform optimally. Despite this, the batsman was one of the best in his era, the all-rounder was a fantastic player, and Team India is ranked first in the world.
Graph 1 depicts the various milestones reached by Sensex and the time taken to reach each milestone. Every 10,000 milestone did not take the same amount of time. Some took more than ten years, while others took less than a year. However, Graph 2 shows how much the market fell between two milestones, with the worst drops occurring in 2009 and 2020. Mutual funds and cricket, as they say, go through volatile phases.
