I find it odd when people turn businessmen into role models, and this seems to have become more common in the last 5-odd years. It's the same with idolising movie stars and sports stars. None of it should happen, really. 😀
When people come to me for advice, my first reaction is: What makes you think I'm qualified?
Just because I've gotten lucky in business, does that make me qualified to advise you on your career, your life choices, or anything apart from how to get lucky? 😀
There are startup founders, especially people working in the social sector, whom I meet through @RainmatterOrg, and I think they are far smarter and more capable of giving advice than I am.
If you still pick a role model, pick someone for a trait worth admiring in real life, not because of what they project to the outside world.
Starting tomorrow, Supreme court of India is on a six-week summer vacation and will be operating at just 19% of its capacity. There are 53 million cases pending in Indian courts - 93,143 of them are pending in the Supreme Court.
A judge can go on a vacation, a judiciary cannot.
What I feel is that you have to make a framework for yourself for the investing journey; otherwise, you will get lost and find yourself in hell. (2/2)
#Investing#Learning
Today I got to know about the importance of reading credit rating reports. It’s a very simple thing but of utmost importance. The problem is that on social media there is maximum noise, so it is very hard to navigate the truth from there. (1/2)
One book takes 15-20 days to read on average ( One hour / day )
One quaterly concall takes only one hour to read..
Two hours everyday is all you need to improve your reading exposure.
And that will take you into top 1% category of readers..
Whats your excuse?
I’m part of a small knowledge group with just 3 friends - probably the only group where I’m consistently active.
We spend time reading concalls, DRHPs, interviews/ ARs
and openly share what we’re learning.
No noise. No fluff.
Just honest views on what we believe is the real picture.
Of course, we get things wrong, make mistakes — everyone does.
But that’s the edge: we identify mistakes early, challenge our biases, and discuss the anti-thesis.
That continuous feedback loop is where the real learning happens.
My learnings: Be around like-minded people who value truth over comfort, you’ll grow much faster in your knowledge than you think.
US PRESIDENT TRUMP: "Tonight, I'm making a little speech at 9 o'clock. Basically — I'm gonna tell everybody how GREAT I am, and what a great job I've done, and what a PHENOMENAL job I've done!" 😂😂😂
Valuations have fucked up the minds of people. Investors would happily ignore a business with great scope because the stock is at an all time high. The best models have fallen the least in this brutal market for a reason: THEY ARE THE BEST. Pay up for them instead of buying garbage at a discount.
Practise living with high energy.
People distance themselves from a person who is always cringing about his problems.
The world is drawn to the most charismatic personalities who are giving out positive vibes and energy.
I can personally tell you that access to capital and clients become 100x easier when you live on high energy and become a fun person around other people.
You may be going through hell but you don’t bring it up because you have a responsibility to make the world a better place.
You bring hope in the lives of other people.
Unused money devalues.
Unused talent diminishes.
Unused potential decays.
Unused machinery disintegrates.
Unused time dies.
Unused knowledge becomes a burden.
The tragedy of life isn’t the ultimate death, but resources that die within you when you are still alive. Use it, or you will lose it.
-Unknown
Everyday for the next 1000 days, tell yourself just one thing:
“I’m the luckiest man alive on earth, and everything works out in my favor eventually.”
Try this, trust me it works.