"Fill it,shut it,forget it".
Keep your love inside your heart and meet her after 10 years!
The patient investor shall give examples of companies only for purpose of illustration!!! Decisions, the most important ones are always taken individually.
When I was a boy there was a very catchy slogan in an advertisement doing a round on the television. The then Hero Honda motor company, with one of its models for the middle class Indians caught every one's imagination.
An extremely fuel efficient bike, promising over 80 kilometres a litre of petrol seemed fantastic!!!
And why not?
Indian was still a semi-closed economy, before the nineties and the power of consumption was also very limited.
And even today the famous model is not forgotten !!! One of my father's friend, a self-made man , a billionaire businessman, moves about on his 80's model of this company and exhibits great pride in this piece of antiquity.
But what is so special about the bike?
And what is so special about the story?
Nothing unless you want to make things look special!
Nothing unless you believe in holding onto something dearly!
Nothing unless you realise that the company which can deliver such model and still is popular even after three decades must be a special company!
Nothing unless you value relationships and give it time to grow!
Ok!!!
You got me !!! To substantiate my implied reasoning let me quote the one and the only Mr. Warren Buffet!
"Only buy something that you'd be perfectly happy to hold if
the market shut down for 10 years."- Warren Buffett
You are never worried about your fixed deposits! You hold onto them for about nine years.
You even renew them for another nine!!
You never worry about the silent killer-the inflation!
You never worry about the loss of its purchasing power!
Then?
Let us think of a story!
A boy and a girl meet somewhere in this world. They are happy with their friendship, With time and
with gradual dependence and faith in one another they fall in love.But somehow the relationship
does not materialize. They go different ways. Yet the love is there, They promise to see each other
every 10 years after. A long time to understand if love exists even after years of separation. They
actually do meet and renew their promise of meeting each other after another decade, provide both
exist! Possible? Yes but not probable!! Only some madness, or some acute obsession can make it
possible.
W.B.Yeats never ceased to love Maud Gonne!!!
Keep your love inside your heart and meet her after 10 years!
The patient investor shall give examples of companies only for purpose of illustration!!! Decisions, the most important ones are always taken individually.
When I was a boy there was a very catchy slogan in an advertisement doing a round on the television. The then Hero Honda motor company, with one of its models for the middle class Indians caught every one's imagination.
An extremely fuel efficient bike, promising over 80 kilometres a litre of petrol seemed fantastic!!!
And why not?
Indian was still a semi-closed economy, before the nineties and the power of consumption was also very limited.
And even today the famous model is not forgotten !!! One of my father's friend, a self-made man , a billionaire businessman, moves about on his 80's model of this company and exhibits great pride in this piece of antiquity.
But what is so special about the bike?
And what is so special about the story?
Nothing unless you want to make things look special!
Nothing unless you believe in holding onto something dearly!
Nothing unless you realise that the company which can deliver such model and still is popular even after three decades must be a special company!
Nothing unless you value relationships and give it time to grow!
Ok!!!
You got me !!! To substantiate my implied reasoning let me quote the one and the only Mr. Warren Buffet!
"Only buy something that you'd be perfectly happy to hold if
the market shut down for 10 years."- Warren Buffett
You are never worried about your fixed deposits! You hold onto them for about nine years.
You even renew them for another nine!!
You never worry about the silent killer-the inflation!
You never worry about the loss of its purchasing power!
Then?
Let us think of a story!
A boy and a girl meet somewhere in this world. They are happy with their friendship, With time and
with gradual dependence and faith in one another they fall in love.But somehow the relationship
does not materialize. They go different ways. Yet the love is there, They promise to see each other
every 10 years after. A long time to understand if love exists even after years of separation. They
actually do meet and renew their promise of meeting each other after another decade, provide both
exist! Possible? Yes but not probable!! Only some madness, or some acute obsession can make it
possible.
W.B.Yeats never ceased to love Maud Gonne!!!
That is about the equity markets too!!! You have to have that obsession of not leaving what you love and wait patiently for the decade to pass!! You cannot be a player who can stay invested for two to three years.
Want to build wealth?
Then wait!!! Wait patiently with your obsession!!!
Disclaimer:This site is for
informational and entertainment purposes only, and the content herein should
not be
mistaken for professional financial advice. Ultimately, you and you
alone are responsible for the decisions you
make in life, so please contact an
independent financial professional for advice regarding your particular
situation.
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