Here’s how to invest like Donald Bradman

One of the greatest cricketers to ever grace the crease was Australian Sir Donald Bradman.

He was renowned for taking a slow-and-steady approach to building his innings to impressive highs. In-fact his average test score over his whole career was 99.94, a truly remarkable achievement.

There are some good investment lessons from his batting technique. Warren Buffett (who else?) has some good sayings about this. One of my favourite quotes is “I don’t look to jump over seven-foot bars, I look around for one-foot bars that I can step over”.

So how do you actually invest like Donald Bradman?

Argo Investments Limited (ASX: ARG)

Argo is one of the oldest and largest listed investment companies (LICs) on the ASX.

What’s special about Argo is that Donald Bradman was actually the chairman from 1982 to 1984. A company that can claim to have had the batting master as part of its history must clearly have the right investment strategy at work, right?

I like Argo’s portfolio and it has larger holdings of long-term growth shares than its other large LIC competitors like Australian Foundation Investment Co. Ltd (ASX: AFI).

Washington H. Soul Pattinson and Co. Ltd (ASX: SOL)

Another business that really fits the Donald Bradman mantra is Soul Patts. It has been generating investment runs for shareholders for over a hundred years and paying out a dividend every year.

I really like that Soul Patts aims to grow its profit and dividend over the long-term, which it has, that’s why the share price has grown by 25.7% over the past five years.

InvoCare Limited (ASX: IVC)

One business that I think Donald Bradman would be really interested in is InvoCare.

It’s not generating fast growth, but it’s slowly and steadily taking advantage of the growth of the number of deaths in Australia. It’s this slow-but-steady compounding that is turning InvoCare into a real winner for investors.

Foolish takeaway

Out of the three I think Soul Patts is the only one worth buying at the current prices. InvoCare may be a good business, but its price/earnings ratio has gotten out of hand.

Other shares that I think Sir Don would be interested in are these solid growth stocks.

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Motley Fool contributor Tristan Harrison owns shares of InvoCare Limited and Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia owns shares of Washington H. Soul Pattinson and Company Limited. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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