We can draw many valuable lessons from the world of sportsmanship.Athletes spend years going through sheer rigour to hone their skill, in order to make it to the top of their league. Some of these epitomes of success offer precious pearls of wisdom that we can apply in life. My favourite quote comes from Hockey Hall of Famer, Wayne Gretzky. It states, "You miss 100 percent of the shots you don't take." This statement describes neatly the menace that stops investors from acting decisively - fear. Often, when the price of a share has retraced to our target level, we refuse to pull the trigger because we fear that once we bought the stock, it will get cheaper and we look like a fool who paid more than the next person. The market has an ominous name for this phenomenon. It is called, "catching a falling knife". And it can...