Value Re-Served!
The year 2017 is widely considered to have hosted one of the greatest comeback seasons in the history of the lawn tennis. It saw the return of Roger Federer from a disappointing and injury shortened 2016.
Roger Federer was undergoing a difficult phase for the preceding 5 years. From 2003 to 2010, he was almost unbeatable, winning Wimbledon 6 times, the US Open 5 times, 4 Australian Opens and a French Open. For the next six years, Federer won only one major tournament in 2012. It was not good enough for RF fans, who count on number of grand slams won. At 36 years of age and suffering multiple injuries, most thought it was the end of Federer.
In 2017, Federer proved his sceptics wrong. He won two majors – the Australian Open and the Wimbledon Championships, marking the first season since 2009 in which he won multiple majors. Federer won a total of seven titles in the season, the most since 2007. With a win-loss record of 54-5, his winning percentage was the highest since 2006.
But what was different this time…
Audiences noticed that Federer was playing with a new, larger racquet. He had changed the way he played backhand. He was attacking with single handed backhand top spin instead of a more defensive slice. The improved backhand aided better footwork which in turn put him in a better position to hit his forehand as well. Federer also acknowledged this as being an important contributing factor for his success. While Federer was always a great player, he worked to acquire a new one aiding a strong comeback.
Similarly for Investment, reshuffling and reviewing your investment performance is one of the most important tasks to perform. Most of the investors focus only the beginning of their investment. They go to extreme extent in selecting schemes with loads of data analysis. However, we firmly believe that it is not the beginning, but your periodic reviewing will generate returns.
Nishit Siddharth Shah