In investing, doing nothing is also a decision. And often, it is the hardest one.
Markets constantly tempt us to act.
A stock falls — should I sell? It rises sharply — should I chase it? Someone else is making money — what am I missing? FOMO feeling The news changes — should I change my portfolio?
But activity and progress are not the same thing.
Over time, I’ve realised that some of the best investment decisions were not brilliant buys or perfectly timed exits.
They were simply periods when we had done the work, understood what we owned, and had the patience not to interfere with compounding.
Of course, doing nothing should never mean ignoring facts. When the business changes, management integrity/governance is questioned, capital allocation deteriorates, or the original thesis breaks — act decisively.
But when only the price changes while the thesis remains intact — patience can be a competitive advantage.
Investing is a strange profession. We are paid to make decisions, yet sometimes the best decision is no decision at all.
This is why the process matters so much. Research gives you conviction. Risk management keeps you alive. And patience allows compounding to do its work.
#Investing #LongTermInvesting #InvestmentPhilosophy #Compounding #RiskManagement #IKIGAI
🎉🎂 Happy 21st Birthday to @rpraggnachess
Praggnanandhaa earned the Grandmaster title at the age of 12, becoming the second-youngest player in history to do so at the time. He has since reached a career-high rating of 2785 and a peak world ranking of No. 4, competed in the 2024 and 2026 FIDE Candidates Tournaments, became a 🥈 silver medallist at the 2023 FIDE World Cup, and a 🥇 gold medallist at the 2024 Chess Olympiad.
Wishing Praggnanandhaa a fantastic birthday and another year filled with success and memorable achievements! 🥳♟️
📷 Michal Walusza/FIDE
Most of the time, I wish I had the luxury of just reading books or excellent blogs the entire day.
No agenda or an end goal.
Just wanting to learn from the most excellent minds… and get absorbed in that world. How beautiful it would be.
The best time to start coding was 5 years ago.
The second best time is today.
Don't wait for the perfect course, mentor, or roadmap.
Start. Learn. Improve.
Sensex gave zero returns from 1992 to 2003.
But Rakesh Jhunjhunwala wrote an article in The Economist on why he believed that Indian markets will rally.
The markets went up 7 times from2003 to 2008. Here’s his thinking:
“I think the first quality an investor needs is to be an optimist. And remember what Peter Lunch says:
“Wars have come, terror has come and natural disasters have come but company profits have gone up.”
“The kind of valuations, quality of earnings, ROEs and every company we went was fighting for a paise of profit.”
Pessimists will always sound right but Optimists are the one who make money.🙌🏻
One problem gets solved. Another starts knocking at the door.
The war may be over, but the monsoon challenge is now demanding attention. Markets are never free from uncertainty , and that's exactly why investors must remain disciplined.
That's how markets work. That's how life works.
Don't try to eliminate fear. Learn to manage it with discipline.
Because the market punishes overconfidence, but rewards disciplined conviction.
The real danger of Al isn't job loss.
It's people losing the ability to think.
It gives dumb people the illusion they are smart and uncreative people the illusion they are artistic.
🇮🇳 Gukesh: "I just need to manage myself better"
The reigning World Champion reflected on some of the challenges he has faced in recent months:
"In chess, you need to be objective. You need to obey the demands of the position. When you want a result too much, it starts to interfere with your objectivity. That's exactly what's happening to me.
I've lost many games that I should have simply defended and saved. So yes, it comes down to self-control and managing expectations.
There is no excuse for a lack of objectivity. That's the job of a professional, and I haven't been doing it well enough.
I just need to manage myself better. Be more disciplined at the board and control my ambitions better. Ambition is good, as long as you're in control of it."