2 ways to make money
in equity #markets :
A. Compound : Buy & Hold !
(Sell/Switch only if story falters)
B. Rotate : Buy,Sell,Buy,Sell !
(Target based profit booking)
There is no right/wrong way.
You do whatever suits your
strategy & temperament.
Whats your style: 'A' or 'B'?
From finfluencers I see various post like if you don't have Rs.25 lakhs at the age of 30 or Rs.1 crore by 40, you've wasted your life.
Every individual's life and financial situation is unique. Some may have to take care of their siblings and aged parents. Another person may not get a high paying job. A fortunate person would have made crores through ESOPs.
Don't pass value judgements on others especially based on their wealth. You've no clue about struggles and suffering they may be going through.
If you're rich, thank your luck. Don't be condescending towards less fortunate.
We don't realise how much randomness play a role in life including wealth creation.
Rajeev Thakkar helped Parag Parikh Flexi Cap grow 189 times in a decade.
Rs 598 cr in 2015 → Rs 1,13,281 cr today.
He has also been in the company of great minds like Chandrakant Sampat & Parag Parikh.
EIGHT quotes by him that can help you in your investing journey. 🧵
A not so well known fact abt Sundar Pichai is that he was promoted into the CEO role not because he was the smartest person in the room but because without him it was getting very hard to get a group of very smart people to agree on anything. High IQ + low ego is a killer combo.
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